Fractional American Spectrum Common Shares. No certificates representing fractional American Spectrum Common Shares shall be issued. Each Limited Partner who would otherwise be entitled to a fractional American Spectrum Common Shares will receive one American Spectrum Common Share for each fractional interest representing 50% or more of one American Spectrum Common Share. No American Spectrum Common Shares will be issued for a fractional interest representing less than 50% of an American Spectrum Common Share.
Appears in 8 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)
