Forfeiture of Shares. In the event the Partnership or the General Partner acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share plan, then the General Partner shall cause the Partnership to cancel that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factor, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 14 contracts
Samples: Limited Partnership Agreement (Gramercy Property Trust), Agreement of Limited Partnership (Gramercy Property Trust Inc.), Limited Partnership Agreement (Gramercy Property Trust Inc.)
Forfeiture of Shares. In the event If the Partnership or the General Partner Parent acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share, share bonus or similar share plan, then the General Partner shall cause the Partnership to cancel cancel, without payment of any consideration to the Parent, that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner Parent for cancellation.
Appears in 9 contracts
Samples: Limited Partnership Agreement (Freehold Properties, Inc.), Limited Partnership Agreement (Broad Street Realty, Inc.), Agreement of Limited Partnership (Steadfast Apartment REIT, Inc.)
Forfeiture of Shares. In the event If the Partnership or the General Partner acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share, share bonus or similar share plan, then the General Partner shall cause the Partnership to cancel cancel, without payment of any consideration to the General Partner, that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 9 contracts
Samples: Agreement of Limited Partnership (Gadsden Growth Properties, Inc.), Limited Partnership Agreement (Kite Realty Group Trust), Limited Partnership Agreement (Carramerica Realty Operating Partnership Lp)
Forfeiture of Shares. In the event If the Partnership or the General Partner acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share plan, then the General Partner shall cause the Partnership to cancel that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 9 contracts
Samples: Limited Partnership Agreement (LaSalle Hotel Properties), Limited Partnership Agreement (Eldertrust), Limited Partnership Agreement (Lasalle Hotel Properties)
Forfeiture of Shares. In the event the Partnership or the General Partner acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share plan, then the General Partner shall cause the Partnership to cancel that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Urban Edge Properties), Limited Partnership Agreement (Urban Edge Properties), Limited Partnership Agreement (Vornado Realty Trust)
Forfeiture of Shares. In the event the Partnership or the General Partner Entity acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share plan, then the General Partner Entity shall cause the Partnership to cancel that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factor, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner Entity for cancellation.
Appears in 7 contracts
Samples: Limited Partnership Agreement (JBG SMITH Properties), Limited Partnership Agreement, Limited Partnership Agreement (JBG SMITH Properties)
Forfeiture of Shares. In the event If the Partnership or the General Partner Entity acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share, share bonus or similar share plan, then the General Partner shall cause the Partnership to cancel cancel, without payment of any consideration to the General Partner, that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 6 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (American Homes 4 Rent), Limited Partnership Agreement (RLJ Lodging Trust)
Forfeiture of Shares. In the event If the Partnership or the General Partner Entity acquires Shares as a result of the forfeiture of such Shares under a restricted share, share bonus or any other similar share plan, then the General Partner shall cause the Partnership to cancel cancel, without payment of any consideration to the General Partner, that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Host Hotels & Resorts L.P.), Agreement of Limited Partnership (Host Hotels & Resorts, Inc.), Limited Partnership Agreement (Host Hotels & Resorts L.P.)
Forfeiture of Shares. In the event If the Partnership or the Managing General Partner acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share plan, then the Managing General Partner shall cause the Partnership to cancel that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the Managing General Partner for cancellation.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Equity Office Properties Trust)
Forfeiture of Shares. In the event the Partnership or the General Partner Company acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share plan, then the General Partner shall cause the Partnership to cancel that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factor, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellationacquired.
Appears in 2 contracts
Samples: Limited Partnership Agreement (CBL & Associates Limited Partnership), Agreement of Limited Partnership (CBL & Associates Limited Partnership)
Forfeiture of Shares. In the event If the Partnership or the General Partner acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share, share bonus or similar share plan, then the General Partner shall cause the Partnership to cancel cancel, without payment of any consideration to the General Partner, that number of Partnership Units of the appropriate class equal corresponding to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Pillarstone Capital Reit), Limited Partnership Agreement (Whitestone REIT)
Forfeiture of Shares. In the event If the Partnership or the General Partner -------------------- acquires Shares as a result of the forfeiture of such Shares under a restricted share, share bonus or any other similar share plan, then the General Partner shall cause the Partnership to cancel cancel, without payment of any consideration to the General Partner, that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Host Marriott L P), Agreement of Limited Partnership (Host Marriott Trust)
Forfeiture of Shares. In the event If the Partnership or the General Partner Entity acquires Shares as a result of the forfeiture of such Shares under a restricted share, share bonus or any other similar share plan, then the General Partner shall cause the Partnership to cancel cancel, without payment of any consideration to the General Partner, that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.. D.
Appears in 1 contract
Forfeiture of Shares. In the event the Partnership or Partnership, the General Partner or LSAC acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share plan, then the General Partner shall cause the Partnership to cancel that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factor, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 1 contract
Samples: Limited Partnership Agreement (Lexington Strategic Asset Corp)
Forfeiture of Shares. In the event If the Partnership or the General Partner Partnership Entity acquires Shares as a result of the forfeiture of such Shares under a restricted or similar share, share bonus or similar share plan, then the General Partner shall cause the Partnership to cancel cancel, without payment of any consideration to the General Partner Entity, that number of Partnership Units of the appropriate class equal to the number of Shares so acquired divided by the Conversion Factoracquired, and, if the Partnership acquired such Shares, it shall transfer such Shares to the General Partner for cancellation.
Appears in 1 contract
Samples: Limited Partnership Agreement (Jernigan Capital, Inc.)
