Exchange Rights Agreement. An exchange rights agreement on customary terms shall have been entered into by the parties hereto, which shall permit exchange of the Operating Partnership Units for American Spectrum Common Shares subject to customary limitations on and after the first anniversary of the Closing, shall have been executed and delivered.
Appears in 14 contracts
Samples: Merger Agreement (American Spectrum Realty Inc), Contribution Agreement (American Spectrum Realty Inc), Merger Agreement (American Spectrum Realty Inc)