Fractional American Spectrum Common Shares. No certificates representing fractional American Spectrum Common Shares or fractional Operating Partnership Units shall be issued. Each Partner/Member who would otherwise be entitled to a fractional American Spectrum Common Shares or fractional Operating Partnership Units will receive one American Spectrum Common Share or Operating Partnership Unit for each fractional interest representing 50% or more of one American Spectrum Common Share or Operating Partnership Unit. No American Spectrum Common Shares or Operating Partnership Unit will be issued for a fractional interest representing less than 50% of an American Spectrum Common Share or Operating Partnership Unit.
Appears in 7 contracts
Samples: Agreement and Plan of Merger (American Spectrum Realty Inc), Agreement and Plan of Merger (American Spectrum Realty Inc), Agreement and Plan of Merger (American Spectrum Realty Inc)
Fractional American Spectrum Common Shares. No certificates representing fractional American Spectrum Common Shares or fractional Operating Partnership Units shall be issued. Each Partner/Member Stockholder who would otherwise be entitled to a fractional American Spectrum Common Shares or fractional Operating Partnership Units will receive one American Spectrum Common Share or Operating Partnership Unit for each fractional interest representing 50% or more of one American Spectrum Common Share or Operating Partnership Unit. No American Spectrum Common Shares or Operating Partnership Unit will be issued for a fractional interest representing less than 50% of an American Spectrum Common Share or Operating Partnership Unit.
Appears in 3 contracts
Samples: Contribution Agreement (American Spectrum Realty Inc), Contribution Agreement (American Spectrum Realty Inc), Agreement and Plan (American Spectrum Realty Inc)
Fractional American Spectrum Common Shares. No certificates representing fractional American Spectrum Common Shares or fractional Operating Partnership Units shall be issued. Each Partner/Member who If Third Coast would otherwise be entitled to a fractional American Spectrum Common Shares or fractional Operating Partnership Units Units, Third Coast will receive one American Spectrum Common Share or Operating Partnership Unit for each fractional interest representing 50% or more of one American Spectrum Common Share or Operating Partnership Unit. No American Spectrum Common Shares or Operating Partnership Unit will be issued for a fractional interest representing less than 50% of an American Spectrum Common Share or Operating Partnership Unit.
Appears in 1 contract
Samples: Agreement and Plan of Merger (American Spectrum Realty Inc)
Fractional American Spectrum Common Shares. No certificates representing fractional American Spectrum Common Shares or fractional Operating Partnership Units shall be issued. Each Partner/Member who would otherwise be entitled to a fractional American Spectrum Common Shares or fractional Operating Partnership Units will receive one American Spectrum Common Share or Operating Partnership Unit for each fractional interest representing 50% or more of one American Spectrum Common Share or Operating Partnership Unit. No American Spectrum Common Shares or Operating Partnership Unit will be issued for a fractional interest representing less than 50% of an American Spectrum Common Share or Operating Partnership Unit.No
Appears in 1 contract
Samples: Agreement and Plan of Merger (American Spectrum Realty Inc)
