Common use of Repurchase of Shares and Other Securities Clause in Contracts

Repurchase of Shares and Other Securities. If the General Partner Entity exercises its rights under the Declaration of Trust to purchase Shares or otherwise elects to purchase from the holders thereof Shares, other equity securities of the General Partner Entity, New Securities or Convertible Funding Debt, then the General Partner shall cause the Partnership to purchase from the General Partner (i) in the case of a purchase of Shares, that number of Partnership Units of the appropriate class equal to the product obtained by multiplying the number of Shares purchased by the General Partner Entity times a fraction, the numerator of which is one and the denominator of which is the Conversion Factor, or (ii) in the case of the purchase of any other securities on the same terms and for the same aggregate price that the General Partner Entity purchased such securities.

Appears in 4 contracts

Samples: Agreement of Limited Partnership (Kite Realty Group Trust), U-Store-It Trust, Kite Realty Group Trust

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Repurchase of Shares and Other Securities. If the General Partner Entity exercises its rights under the Declaration of Trust its organizational documents to purchase Shares or otherwise elects to purchase from the holders thereof Shares, other equity securities of the General Partner Entity, New Securities or Convertible Funding Debt, then the General Partner Entity shall cause the Partnership to purchase from the General Partner Entity (ia) in the case of a purchase of Shares, that number of Partnership Units of the appropriate class equal to the product obtained by multiplying the number of Shares purchased by the General Partner Entity times a fraction, the numerator of which is one and the denominator of which is the Conversion Factor, or (iib) in the case of the purchase of any other securities on the same terms and for the same aggregate price that the General Partner Entity purchased such securities.

Appears in 3 contracts

Samples: Agreement (Four Corners Property Trust, Inc.), Agreement and Plan of Merger (New York REIT, Inc.), Stockholders Agreement (Parkway Properties Inc)

Repurchase of Shares and Other Securities. If the General Partner Entity Managing Member exercises its rights under the Declaration Certificate of Trust Incorporation to purchase Shares or otherwise elects to purchase from the holders thereof Shares, other equity securities of the General Partner EntityManaging Member, New Securities or Convertible Funding Debt, then the General Partner Managing Member shall cause the Partnership Company to purchase from the General Partner Managing Member (i) in the case of a purchase of Shares, that number of Partnership Units of the appropriate class equal to the product obtained by multiplying the number of Shares purchased by the General Partner Managing Member Entity times a fraction, the numerator of which is one and the denominator of which is the Conversion Factor, or (ii) in the case of the purchase of any other securities on the same terms and for the same aggregate price that the General Partner Managing Member Entity purchased such securities.

Appears in 2 contracts

Samples: Contribution Agreement (Trizec Properties Inc), Limited Liability Company Agreement (Trizec Properties Inc)

Repurchase of Shares and Other Securities. If the General Partner Entity exercises its rights under the Declaration of Trust Charter to purchase Shares or otherwise elects to purchase from the holders thereof Shares, other equity securities of the General Partner EntityPartner, New Securities or Convertible Funding Debt, then the General Partner shall cause the Partnership to purchase from the General Partner (i) in the case of a purchase of Shares, that number of Partnership Units of the appropriate class equal to the product obtained by multiplying the number of Shares purchased by the General Partner Entity times a fraction, the numerator of which is one and the denominator of which is the Conversion Factor, or (ii) in the case of the purchase of any other securities on the same terms and for the same aggregate price that the General Partner Entity purchased such securities.

Appears in 2 contracts

Samples: Agreement (Pillarstone Capital Reit), Agreement (Whitestone REIT)

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Repurchase of Shares and Other Securities. If the General Partner Entity exercises its rights under the Declaration Articles of Trust Incorporation to purchase Shares or otherwise elects to purchase from the holders thereof Shares, other equity securities of the General Partner Entity, New Securities or Convertible Funding Debt, then the General Partner shall cause the Partnership to purchase from the General Partner (i) in the case of a purchase of Shares, that number of Partnership Units of the appropriate class equal to the product obtained by multiplying the number of Shares purchased by the General Partner Entity times a fraction, the numerator of which is one and the denominator of which is the Conversion Factor, or (ii) in the case of the purchase of any other securities on the same terms and for the same aggregate price that the General Partner Entity purchased such securities.

Appears in 2 contracts

Samples: Carramerica Realty Operating Partnership Lp, Carramerica Realty Corp

Repurchase of Shares and Other Securities. If the General Partner Entity exercises its rights under the Declaration Articles of Trust Incorporation to purchase Shares or otherwise elects to purchase from the holders thereof Shares, other equity securities of the General Partner Entity, New Securities or Convertible Funding Debt, then the General Partner shall cause the Partnership to purchase from the General Partner (i) in the case of a purchase of Common Shares, that number of Partnership Class A Units of the appropriate class equal to the product obtained by multiplying the number of Shares purchased by the General Partner Entity times a fraction, the numerator of which is one and the denominator of which is the Conversion Factor, or (ii) in the case of the purchase of any other securities on the same terms and for the same aggregate price that the General Partner Entity purchased such securities.class of Shares, A-24

Appears in 1 contract

Samples: HMC Merger Corp

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