Restrictions and Forfeiture. (i) All Class B Units when issued shall be subject to forfeiture and shall constitute “Restricted Class B Units” and shall remain subject to forfeiture as provided in this Section 16.2(a) until the requirements of this Section 16.2(a) have been satisfied.
Appears in 19 contracts
Samples: Agreement of Limited Partnership (American Finance Trust, Inc), Merger Agreement (American Realty Capital - Retail Centers of America, Inc.), Agreement of Limited Partnership (American Finance Trust, Inc)
Restrictions and Forfeiture. (i) All Class B Units when issued shall be subject to forfeiture and shall constitute “Restricted Class B Units” and shall remain subject to forfeiture as provided in this Section 16.2(a) until the requirements of this Section 16.2(a) have been satisfied.
Appears in 3 contracts
Samples: Securities Purchase Agreement (American Realty Capital Hospitality Trust, Inc.), Limited Partnership Agreement (Phillips Edison Grocery Center Reit I, Inc.), Limited Partnership Agreement (Phillips Edison Grocery Center Reit Ii, Inc.)