Common use of Special Optional Redemption Clause in Contracts

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (STAG Industrial, Inc.)

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Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C B Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying for cash, at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C B Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C B Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Rexford Industrial Realty, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C A Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (STAG Industrial, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series C Preferred Stockseries I preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series I preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series I preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control, (as defined in the Issuer articles supplementary) DLR may, at its option, redeem the Series C Preferred Stockseries L preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series L preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series L preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined below), the Issuer may, at its option, redeem the Series C Preferred Stockseries I preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series I preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series I preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Digital Realty Trust, L.P.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C B Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C B Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C B Preferred Stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (STAG Industrial, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control, the Issuer may, at its option, redeem the Series C A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any has provided or provides notice of its redemption rights relating with respect to the Series C A Preferred Stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C A Preferred Stock will not have the conversion rights right described belowabove.

Appears in 1 contract

Samples: Underwriting Agreement (Campus Crest Communities, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stockseries G preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series G preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series G preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stockseries H preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series H preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series H preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Digital Realty Trust, L.P.)

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Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C A Preferred Stock will not have the conversion rights described in the “Change of Control” section below.

Appears in 1 contract

Samples: Underwriting Agreement (CoreSite Realty Corp)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stockseries E preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series E preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series E preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series C Preferred Stockseries G preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series G preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series G preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a Change of Control”Control (as defined in the articles supplementary), the Issuer DLR may, at its option, redeem the Series C Preferred Stockseries J preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion DateDate (as defined below), the Issuer DLR exercises any of its redemption rights relating to the Series C Preferred Stock series J preferred stock (whether the its optional redemption right or the its special optional redemption right), the holders of Series C Preferred Stock series J preferred stock will not have the conversion rights right described below.

Appears in 1 contract

Samples: Purchase Agreement (Digital Realty Trust, Inc.)

Special Optional Redemption. Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stockseries F preferred stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock series F preferred stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock series F preferred stock will not have the conversion rights described below.

Appears in 1 contract

Samples: Underwriting Agreement (Digital Realty Trust, Inc.)

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