Common use of Procedure for Purchase of Shares Clause in Contracts

Procedure for Purchase of Shares. (a) In the event of a Distribution Shortfall, the Company shall deliver to LP a written notice within ten (10) Business Days following the Company’s filing with the SEC of its Periodic Report that discloses the Company’s AFFO for such calendar quarter specifying the number of Shares to be purchased by LP pursuant to Section 2 above and the Company’s calculation of the Distribution Shortfall. (b) On the fifth Business Day following the delivery of such notice (the “Issue Date”), the Company shall issue to LP the Shares being sold against LP’s delivery of an executed subscription agreement for the Offering and payment of the purchase price for such Shares by wire transfer of immediately available funds.

Procedure for Purchase of Shares. (a) In the event of a Distribution Shortfall, the Company shall deliver to LP SAYT a written notice within ten (10) Business Days following the Company’s filing with the SEC of its Periodic Report that discloses the Company’s AFFO MFFO for such calendar quarter specifying the number of Shares to be purchased by LP SAYT pursuant to Section 2 3 above and the Company’s calculation of the Distribution Shortfall. (b) On the fifth Business Day following the delivery of such notice (the “Issue Date”), the Company shall issue to LP SAYT the Shares being sold against LPSAYT’s delivery of an executed subscription agreement for the Offering and payment of the purchase price for such Shares by wire transfer of immediately available funds.

Procedure for Purchase of Shares. (a) In the event of a Distribution Shortfall, the Company shall deliver to LP a written notice within ten (10) Business Days following the Company’s filing with the SEC of its Periodic Report that discloses the Company’s AFFO for such calendar quarter specifying the number of Shares to be purchased by LP pursuant to Section 2 above and the Company’s calculation of the Distribution Shortfall. (b) On the fifth Business Day following the delivery of such notice (the “Issue Date”), the Company shall issue to LP the Shares being sold against LP’s delivery of an executed subscription agreement for the Offering a private placement of Shares and payment of the purchase price for such Shares by wire transfer of immediately available funds.