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: Fourth (Gramercy Property Trust Inc.), Gramercy Property Trust, Gramercy Property Trust 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: Gadsden Growth Properties, Inc., Agreement of Limited Partnership (Kite Realty Group Trust), Republic Property Trust
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: Agreement (Broad Street Realty, Inc.), Freehold Properties, Inc., 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 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: LaSalle Hotel Properties, Assignment and Assumption Agreement (Equity Office Properties Trust), Guaranty Agreement (Equity Office Properties Trust)
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), Vornado Realty 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 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: www.sec.gov, American Homes 4 Rent, RLJ Lodging 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 6 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (JBG SMITH Properties), Limited Partnership Agreement (JBG SMITH 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 times one 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 3 contracts
Samples: Sl Green Realty Corp, Sl Green Realty Corp, Sl Green Realty Corp
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: Assignment and Assumption Agreement (Equity Office Properties Trust), Assignment and Assumption Agreement (Equity Office Properties Trust), Equity Office Properties 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: Host Hotels & Resorts L.P., Host Hotels & Resorts, Inc., Host Hotels & Resorts L.P.
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: CBL & Associates 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 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: Host Marriott Trust, Host Marriott L P
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: Agreement (Pillarstone Capital Reit), Agreement (Whitestone REIT)
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: Lexington Strategic Asset Corp
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
Samples: HMC Merger Corp
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.. C.
Appears in 1 contract
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: Jernigan Capital, Inc.