Consideration for the Formation Transactions. Upon the Closing, the Contributor, in exchange for the Contributor Interests (as defined herein), shall receive from the Operating Partnership five hundred (500) limited partnership units in the Operating Partnership (the “Contributor OP Units”).
Appears in 4 contracts
Samples: Contribution Agreement (Campus Crest Communities, Inc.), Contribution Agreement (Campus Crest Communities, Inc.), Contribution Agreement (Campus Crest Communities, Inc.)
Consideration for the Formation Transactions. Upon the Closing, the Contributor, in exchange for the Contributor Interests (as defined herein), shall receive from the Operating Partnership five hundred (500) 33,333.33 limited partnership units in the Operating Partnership (the “Contributor OP Units”).
Appears in 2 contracts
Samples: Contribution Agreement (Campus Crest Communities, Inc.), Contribution Agreement (Campus Crest Communities, Inc.)
Consideration for the Formation Transactions. Upon the Closing, the Contributor, in exchange for the Contributor Interests (as defined herein), shall receive from the Operating Partnership five hundred (500) 16,666.67 limited partnership units in the Operating Partnership (the “Contributor OP Units”).
Appears in 2 contracts
Samples: Contribution Agreement (Campus Crest Communities, Inc.), Contribution Agreement (Campus Crest Communities, Inc.)