Common use of Indemnity Collateral Clause in Contracts

Indemnity Collateral. Indemnity Collateral shall mean with respect to the TTC Guarantors: (a) the shares of Common Stock and Units held or otherwise beneficially owned by the TTC Guarantors and their family members which are set forth on EXHIBIT F to the Prior Agreement; (b) any shares of Common Stock received by the TTC Guarantors as a result of the exchange of Units for shares of Common Stock; (c) any Units transferred by the TTC Guarantors to a family member for estate planning purposes in accordance with Section 12.2.A(i); and (d) stock dividends, stock splits or other securities received with respect to the shares of Common Stock or Units described in (a), (b) or (c), but expressly excluding any cash dividends payable with respect to Units or shares of Common Stock prior to any claim by an Indemnified Party hereunder.

Appears in 3 contracts

Samples: Bradley Operating L P, Bradley Operating L P, Heritage Property Investment Trust Inc

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Indemnity Collateral. Indemnity Collateral shall mean with respect to the TTC Guarantors: (a) the shares of Common Stock and Units held or otherwise beneficially owned by the TTC Guarantors and their family members which are set forth on EXHIBIT F to the Prior Agreementhereto; (b) any shares of Common Stock received by the TTC Guarantors as a result of the exchange of Units for shares of Common Stock; (c) any Units transferred by the TTC Guarantors to a family member for estate planning purposes in accordance with Section 12.2.A(i)) hereof; and (d) stock dividends, stock splits or other securities received with respect to the shares of Common Stock or Units described in (a), (b) or (c), but expressly excluding any cash dividends payable with respect to Units or shares of Common Stock prior to any claim by an Indemnified Party hereunder.

Appears in 1 contract

Samples: Bradley Real Estate Inc

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