Restriction on Resale. Unless otherwise agreed by the REIT, until the date on which there are no Registrable Shares, each Holder agrees that it will not resell such Registrable Shares without registration under the Securities Act, compliance with Rule 144 under the Securities Act or an opinion of counsel for such Holder reasonably acceptable to the REIT, addressed to the REIT, to the effect that no such registration is required. All reasonable costs, fees and expenses of counsel in connection with such opinion shall be borne by the REIT.
Appears in 4 contracts
Samples: Registration Rights and Lock Up Agreement (Acadia Realty Trust), Registration Rights and Lock Up Agreement (Acadia Realty Trust), Registration Rights and Lock Up Agreement (Acadia Realty Trust)
Restriction on Resale. Unless otherwise agreed by the REITCompany, until the date on which there are no Registrable Shares, each Holder agrees that it will not resell such Registrable Shares without registration under the Securities Act, compliance with Rule 144 under the Securities Act or an opinion of counsel for such Holder reasonably acceptable to the REITCompany, addressed to the REITCompany, to the effect that no such registration is required. All reasonable costs, fees and expenses of counsel in connection with such opinion shall be borne by the REITCompany.
Appears in 1 contract
Samples: Registration Rights and Lock Up Agreement (Acadia Realty Trust)
