Publicly-Held Fund or Real Estate Investment Trust. If a Designated Entity for Transfers is a publicly-held fund or real estate investment trust, the public issuance of common stock, convertible debt, equity or other similar securities (“Public Fund/REIT Securities”) and the subsequent Transfer of such Public Fund/REIT Securities; provided, however, that no Public Fund/REIT Securities holder may acquire an ownership percentage of 10% or more unless otherwise approved by Lender.
Appears in 6 contracts
Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Care Investment Trust Inc.), Multifamily Loan and Security Agreement (Care Investment Trust Inc.)
Publicly-Held Fund or Real Estate Investment Trust. If a Designated Entity for Transfers is a publicly-publicly held fund or real estate investment trust, the public issuance of common stock, convertible debt, equity or other similar securities (“Public Fund/REIT Securities”) and the subsequent Transfer of such Public Fund/REIT Securities; provided, however, provided that no Public Fund/REIT Securities holder may acquire an ownership percentage each of 10% or more unless otherwise approved by Lender.the following conditions is satisfied::
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Care Investment Trust Inc.)
Publicly-Held Fund or Real Estate Investment Trust. If a Designated Entity for Transfers is a publicly-held fund or real estate investment trust, the public issuance of common stock, convertible debt, equity or other similar securities (“Public Fund/REIT Securities”) and the subsequent Transfer of such Public Fund/REIT Securities; provided, however, that no Public Fund/REIT Securities holder may acquire an ownership percentage of 1049% or more unless otherwise approved by Lender.”
Appears in 1 contract
Samples: Consent and Modification Agreement (Bluerock Residential Growth REIT, Inc.)
Publicly-Held Fund or Real Estate Investment Trust. If a Designated Entity for Transfers is a publicly-held corporation, fund or real estate investment trust, the public issuance of common stock, convertible debt, equity or other similar securities (“Public Fund/REIT Securities”) and the subsequent Transfer of such Public Fund/REIT Securities; provided, however, that no Public Fund/REIT Securities holder may acquire an ownership percentage of 10% or more unless otherwise approved by Lender.
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)
Publicly-Held Fund or Real Estate Investment Trust. If a Designated Entity for Transfers is a publicly-publicly held fund or real estate investment trust, the public issuance of common stock, convertible debt, equity or other similar securities (“Public Fund/REIT Securities”) and the subsequent Transfer of such Public Fund/REIT Securities; provided, however, provided that no Public Fund/REIT Securities holder may acquire an ownership percentage each of 10% or more unless otherwise approved by Lender.the following conditions is satisfied:
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Care Investment Trust Inc.)
