Common use of Redemption and Other Terms Clause in Contracts

Redemption and Other Terms. (a) In the event of any redemption by the Trust of all or any portion of the Series F Preferred Shares pursuant to the Articles Supplementary, an equal portion of the Series F Preferred Interest shall be redeemed on the same basis as such Series F Preferred Shares and permanently retired and cancelled for all purposes. (b) Upon any other return to the Trust or other holder of a Series F Preferred Interest of the Preferred Contribution with respect to all or any portion of such Series F Preferred Interest (whether in cash or Series F Preferred Shares), together with payment of any accrued and unpaid Preferred Return applicable thereto, such Series F Preferred Interest shall to such extent be permanently retired and cancelled for all purposes.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Glimcher Realty Trust), Limited Partnership Agreement (Glimcher Realty Trust)

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Redemption and Other Terms. (a) In the event of any redemption by the Trust of all or any portion of the Series F G Preferred Shares pursuant to the Articles Supplementary, an equal portion of the Series F G Preferred Interest shall be redeemed on the same basis as such Series F G Preferred Shares and permanently retired and cancelled for all purposes. (b) Upon any other return to the Trust or other holder of a Series F G Preferred Interest of the Preferred Contribution with respect to all or any portion of such Series F G Preferred Interest (whether in cash or Series F G Preferred Shares), together with payment of any accrued and unpaid Preferred Return applicable thereto, such Series F G Preferred Interest shall to such extent be permanently retired and cancelled for all purposes.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Glimcher Realty Trust), Limited Partnership Agreement (Glimcher Realty Trust)

Redemption and Other Terms. (a) In the event of any redemption by the Trust of all or any portion of the Series F B Preferred Shares pursuant to the Articles Supplementary, an equal portion of the Series F B Preferred Interest shall be redeemed on the same basis as such Series F B Preferred Shares and permanently retired and cancelled for all purposes. (b) Upon any other return to the Trust or other holder of a Series F B Preferred Interest of the Preferred Contribution with respect to all or any portion of such Series F B Preferred Interest (whether in cash or Series F B Preferred Shares), together with payment of any accrued and unpaid Preferred Return applicable thereto, such Series F B Preferred Interest shall to such extent be permanently retired and cancelled for all purposes.

Appears in 1 contract

Samples: Limited Partnership Agreement (Glimcher Realty Trust)

Redemption and Other Terms. (a) In the event of any redemption by the Trust of all or any portion of the Series F I Preferred Shares pursuant to the Articles Supplementary, an equal portion of the Series F I Preferred Interest shall be redeemed on the same basis as such Series F I Preferred Shares and permanently retired and cancelled for all purposes. (b) Upon any other return to the Trust or other holder of a Series F I Preferred Interest of the Preferred Contribution with respect to all or any portion of such Series F I Preferred Interest (whether in cash or Series F I Preferred Shares), together with payment of any accrued and unpaid Preferred Return applicable thereto, such Series F I Preferred Interest shall to such extent be permanently retired and cancelled for all purposes.

Appears in 1 contract

Samples: Limited Partnership Agreement (Glimcher Realty Trust)

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Redemption and Other Terms. (a) In the event of any redemption by the Trust of all or any portion of the Series F B Preferred Shares pursuant to the Articles Supplementary, an equal portion of the Series F B Preferred Interest shall be redeemed on the same basis as such Series F B Preferred Shares and permanently retired and cancelled for all purposes. (b) Upon any other return to the Trust or other holder of a Series F Preferred Interest of the B Preferred Contribution with respect to all or any portion of such Series F B Preferred Interest (whether in cash or Series F B Preferred Shares), together with payment of any accrued and unpaid Preferred Return applicable thereto, such Series F B Preferred Interest shall to such extent be permanently retired and cancelled for all purposes.

Appears in 1 contract

Samples: Limited Partnership Agreement (Glimcher Realty Trust)

Redemption and Other Terms. (a) In the event of any redemption by the Trust of all or any portion of the Series F H Preferred Shares pursuant to the Articles Supplementary, an equal portion of the Series F H Preferred Interest shall be redeemed on the same basis as such Series F H Preferred Shares and permanently retired and cancelled for all purposes. (b) Upon any other return to the Trust or other holder of a Series F H Preferred Interest of the Preferred Contribution with respect to all or any portion of such Series F H Preferred Interest (whether in cash or Series F H Preferred Shares), together with payment of any accrued and unpaid Preferred Return applicable thereto, such Series F H Preferred Interest shall to such extent be permanently retired and cancelled for all purposes.

Appears in 1 contract

Samples: Limited Partnership Agreement (Glimcher Realty Trust)

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