Common use of CHANGE IN PAR VALUE OF SHARES Clause in Contracts

CHANGE IN PAR VALUE OF SHARES. The Trustees may from time to time change the par value of the Shares outstanding or unissued, or any class or series thereof, if in their opinion the same shall be necessary or desirable and appropriate to further PREIT’s purposes.

Appears in 8 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement (Pennsylvania Real Estate Investment Trust)

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CHANGE IN PAR VALUE OF SHARES. The Trustees may from time to time change the par value of the Shares outstanding or unissued, or any class or series thereof, if in their opinion the same shall be necessary or desirable and appropriate to further PREIT’s 's purposes.

Appears in 2 contracts

Samples: Trust Agreement (Pennsylvania Real Estate Investment Trust), Trust Agreement (Pennsylvania Real Estate Investment Trust)

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