Common use of Notice of Restricted Transfer Clause in Contracts

Notice of Restricted Transfer. Any Person who acquires or attempts or intends to acquire Beneficial Ownership or Constructive Ownership of Equity Shares that will or may violate Section 7.2.1(a) or any Person who would have owned Equity Shares that resulted in a transfer to the Charitable Trust pursuant to the provisions of Section 7.2.1(b) shall immediately give written notice to the Trust of such event, or in the case of such a proposed or attempted transaction, give at least 15 days prior written notice, and shall provide to the Trust such other information as the Trust may request in order to determine the effect, if any, of such Transfer on the Trust's status as a REIT.

Appears in 2 contracts

Samples: Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

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Notice of Restricted Transfer. Any Person who acquires or attempts or intends to acquire Beneficial Ownership or Constructive Ownership of Equity Shares that will or may violate Section 7.2.1(a) 14.1(a), or any Person who would have owned Equity Shares that resulted in a transfer to the Charitable Trust pursuant to the provisions of Section 7.2.1(b) 14.1(b), shall immediately give written notice to the Trust of such eventevent or, or in the case of such a proposed or attempted transaction, give at least 15 days prior written notice, and shall provide to the Trust such other information as the Trust may request in order to determine the effect, if any, of such Transfer on the Trust's status ’s qualification as a REIT.

Appears in 2 contracts

Samples: Franklin BSP Real Estate Debt BDC (Franklin BSP Real Estate Debt BDC), Real Estate Credit BDC (Franklin BSP Real Estate Credit BDC)

Notice of Restricted Transfer. Any Person who acquires or attempts or intends to acquire Beneficial Ownership or Constructive Ownership of Equity Shares that will or may violate Section 7.2.1(a10(b)(i) or any Person who would have owned Equity Shares that would have resulted in a transfer to the Charitable Disposition Trust pursuant to the provisions of Section 7.2.1(b10(c) shall immediately give written notice to the Trust of such event, or in the case of such a proposed or attempted transaction, give at least 15 days prior written notice, and shall provide to the Trust such other information as the Trust may request in order to determine the effect, if any, of such Transfer on the Trust's status as a REIT.

Appears in 2 contracts

Samples: Agreement and Declaration (Dividend Capital Strategic Global Realty Fund), Agreement and Declaration of Trust (Dividend Capital Enhanced Income Fund)

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Notice of Restricted Transfer. Any Person who acquires or attempts or intends to acquire Beneficial Ownership or Constructive Ownership of Equity Shares that will or may violate Section 7.2.1(a) 6.9.1(a), or any Person who would have owned Equity Shares that resulted in a transfer Transfer to the Charitable Trust pursuant to the provisions of Section 7.2.1(b) 6.9.1(b), shall immediately give written notice to the Trust of such event, or in the case of such a proposed or attempted transaction, give at least 15 days prior written notice, and shall provide to the Trust such other information as the Trust may request in order to determine the effect, if any, of such Transfer on the Trust's ’s status as a REIT.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Accordant ODCE Index Fund)

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