Common use of Excess Shares Clause in Contracts

Excess Shares. If any Contributors are ever deemed to hold "Excess Shares" as defined in the Articles of Incorporation, the REIT will use reasonable efforts to try to enable such Contributors to keep such shares; provided that the REIT need not take any steps that would jeopardize its status as a REIT or that would require the REIT to issue additional securities.

Excess Shares. If any Contributors are Contributor is ever deemed to hold "Excess Shares" as defined in the Articles of Incorporation, the REIT will use reasonable efforts to try to enable such Contributors Contributor to 216 keep such shares; provided that the REIT need not take any steps that would jeopardize its status as a REIT or that would require the REIT to issue additional securities.