Share Option Plan. If at any time or from time to time, the General Partner sells or otherwise issues Shares pursuant to any Share Option Plan, the General Partner shall transfer the proceeds of the sale of such Shares, if any, to the Partnership as an additional Capital Contribution in exchange for an amount of additional Partnership Units equal to the number of Shares so sold divided by the Conversion Factor.
Appears in 9 contracts
Samples: Gadsden Growth Properties, Inc., Agreement of Limited Partnership (Kite Realty Group Trust), Carramerica Realty Operating Partnership Lp
Share Option Plan. If at any time or from time to time, the General Partner sells or otherwise issues Shares pursuant to any Share Option Plan, the General Partner shall transfer the net proceeds of the sale of such Shares, if any, Shares to the Partnership as an additional Capital Contribution in exchange for an amount of additional Partnership Units equal to the number of Shares so sold divided by the Conversion Factor.
Appears in 9 contracts
Samples: LaSalle Hotel Properties, Assignment and Assumption Agreement (Equity Office Properties Trust), Guaranty Agreement (Equity Office Properties Trust)
Share Option Plan. If at any time or from time to time, the General Partner Entity sells or otherwise issues Shares pursuant to any Share Option Plan, the General Partner Entity shall transfer or cause to be transferred the proceeds of the sale of such Shares, if any, to the Partnership as an additional Capital Contribution in exchange for an amount of additional Partnership Units equal to the number of Shares so sold divided by the Conversion Factor.
Appears in 6 contracts
Samples: www.sec.gov, American Homes 4 Rent, RLJ Lodging Trust
Share Option Plan. If at any time or from time to time, the General Partner Entity sells or otherwise issues Common Shares pursuant to any Share Option Plan, the General Partner shall transfer the net proceeds of the sale of such Shares, if any, Common Shares to the Partnership as an additional Capital Contribution in exchange for an amount of additional Partnership Units equal to the number of Common Shares so sold divided by the Conversion Factor.
Appears in 3 contracts
Samples: Host Hotels & Resorts L.P., Host Hotels & Resorts L.P., Host Hotels & Resorts, Inc.
Share Option Plan. If at any time or from time to time, the Managing General Partner sells or otherwise issues Shares pursuant to any Share Option Plan, the Managing General Partner shall transfer the net proceeds of the sale of such Shares, if any, Shares to the Partnership as an additional Capital Contribution in exchange for an amount of additional Partnership Units equal to the number of Shares so sold divided by the Conversion Factor.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement (Equity Office Properties Trust), Assignment and Assumption Agreement (Equity Office Properties Trust), Equity Office Properties Trust
Share Option Plan. If at any time or from time to time, the ----------------- General Partner sells or otherwise issues Shares pursuant to any Share Option Plan, the General Partner shall transfer the net proceeds of the sale of such Shares, if any, Shares to the Partnership as an additional Capital Contribution in exchange for an amount of additional Partnership Units equal to the number of Shares so sold divided by the Conversion Factor.
Appears in 2 contracts
Samples: Host Marriott Trust, Host Marriott L P
Share Option Plan. If at any time or from time to time, the General Partner Entity sells or otherwise issues Common Shares pursuant to any Share Option Plan, the General Partner shall transfer the net proceeds of the sale of such Shares, if any, Common Shares to the Partnership as an additional Capital Contribution in exchange for an amount of additional Partnership Units equal to the number of Common Shares so sold divided by the Conversion Factor.. F.
Appears in 1 contract
Samples: HMC Merger Corp
