Common use of Ownership Event Clause in Contracts

Ownership Event. In the reasonable judgment of Forward Purchaser, on any day, an Excess Section 13 Ownership Position, Excess Exchange Ownership Position, Excess Charter Ownership Position or Excess Regulatory Ownership Position (each as defined below) exists or would exist but for the limitations set forth in Section 17 hereof, in each case as determined by Forward Purchaser in good faith and in its reasonable discretion.

Appears in 3 contracts

Samples: Terms Agreement (Sabra Health Care REIT, Inc.), Terms Agreement (Sabra Health Care REIT, Inc.), Terms Agreement (Sabra Health Care REIT, Inc.)

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Ownership Event. In the reasonable judgment of Forward Purchaser, on any day, an Excess Section 13 Ownership Position, Excess Exchange Ownership Position, Excess Charter Ownership Position or Excess Regulatory Ownership Position (each as defined below) exists or would exist but for the limitations set forth in Section 17 18 hereof, in each case as determined by Forward Purchaser in good faith and in its reasonable discretion.

Appears in 1 contract

Samples: Terms Agreement (NETSTREIT Corp.)

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