Examples of REIT Common Shares in a sentence
The number of Common Partnership Units into which the Series J Preferred Partnership Units are convertible shall be equal to the number of REIT Common Shares into which the Series J Preferred Stock is then being converted, as set forth in the Series J Articles Supplementary.
In connection with the conversion by the Company of any shares of Series J Preferred Stock into shares of REIT Common Shares in accordance with the provisions of the Series J Articles Supplementary, the Partnership shall convert Series J Preferred Partnership Units into Common Partnership Units and issue such Common Partnership Units to Ashford OP Limited Partner LLC.
In connection with the redemption by the Company of any shares of Series J Preferred Stock for shares of REIT Common Shares in accordance with the provisions of the Series J Articles Supplementary, the Partnership shall convert Series J Preferred Partnership Units into Common Partnership Units and issue such Common Partnership Units to Ashford OP Limited Partner LLC.
The number of Common Partnership Units into which the Series J Preferred Partnership Units are convertible shall be equal to the number of REIT Common Shares into which the Series J Preferred Stock is then being redeemed, as set forth in the Series J Articles Supplementary.
COMMON SHARE ELECTION: to exchange the OP Units that you would receive in the Merger for an equal number of shares of Host REIT Common Shares, or .
The OP Units are structured with the intent that they be economically equivalent to the Host REIT Common Shares.
The REIT Common Shares contributed to INC under this Section 2.1(a)(iii) are referred to herein as the “ Subject REIT Shares ” and the transactions provided for in this Section 2.1(a)(iii) are referred to herein as “ REIT’s Contribution to INC ”.
The Survivor also shall in good faith modify the definition of REIT Shares; amend or delete, as applicable, the definitions of REIT Common Shares and REIT Convertible Preferred Shares; add, as applicable definitions for any new classes of REIT Shares; make corresponding additions, deletions, or amendments with respect to Partnership Units; and make such amendments to Section 8.05 so as to approximate the existing rights and obligations set forth in Section 8.05 as closely as reasonably possible.
In connection with the redemption by the Company of any shares of Series M Preferred Stock for shares of REIT Common Shares in accordance with the provisions of the Series M Articles Supplementary, the Partnership shall convert Series M Preferred Partnership Units into Common Partnership Units and issue such Common Partnership Units to Braemar OP Limited Partner LLC.
INC shall also take any other action reasonably required to be taken under the Securities Act, the Exchange Act, any applicable foreign or state securities or “blue sky” Laws and the rules and regulations thereunder in connection with the distribution of the Distribution Shares, and REIT shall furnish all information concerning itself and the holders of the REIT Common Shares as may be reasonably requested in connection with any such actions.