Common use of Restriction on Resales Clause in Contracts

Restriction on Resales. Until the expiration of two years after the original issuance of the Securities, the Operating Partnership shall not, and shall cause its "affiliates" (as such term is defined in Rule 144(a)(1) under the 0000 Xxx) not to, resell any Securities which are "restricted securities" (as such term is defined under Rule 144(a)(3) under the 0000 Xxx) that have been reacquired by any of them and shall immediately upon any purchase of any such Securities submit such Securities to the Trustee for cancellation.

Appears in 4 contracts

Samples: Registration Rights Agreement (Simon Property Group L P /De/), Registration Rights Agreement (Simon Property Group L P /De/), Registration Rights Agreement (Simon Property Group L P /De/)

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Restriction on Resales. Until the expiration of two years after the original issuance of the Securities, the Operating Partnership shall will not, and shall will cause its "affiliates" (as such term is defined in Rule 144(a)(1) under the 0000 Xxx) not to, resell any Securities which are "restricted securities" (as such term is defined under Rule 144(a)(3) under the 0000 Xxx) that have been reacquired by any of them and shall immediately upon any purchase of any such Securities submit such Securities to the Trustee for cancellation.

Appears in 1 contract

Samples: Registration Rights Agreement (Simon Property Group L P /De/)

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Restriction on Resales. Until the expiration of two years after the original issuance of the Securities, the Operating Partnership shall will not, and shall will cause its "affiliates" (as such term is defined in Rule 144(a)(1) under the 0000 XxxSecurities Act) not to, resell any Securities which are "restricted securities" (as such term is defined under Rule 144(a)(3) under the 0000 XxxSecurities Act) that have been reacquired by any of them and shall immediately upon any purchase of any such Securities submit such Securities to the Trustee for cancellation.

Appears in 1 contract

Samples: Registration Rights Agreement (First Industrial Lp)

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