Status of Shares Held by the Charitable Trustee. Shares held by the Charitable Trustee shall continue to be issued and outstanding Shares. The Prohibited Owner shall have no rights in the Shares held by the Charitable Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Charitable Trustee, shall have no rights to dividends or other Distributions and shall not possess any rights to vote or other rights attributable to the Shares held in the Charitable Trust.
Appears in 4 contracts
Samples: Merger Agreement (Carey Watermark Investors 2 Inc), Merger Agreement (MVP REIT II, Inc.), Merger Agreement (MVP REIT, Inc.)
Status of Shares Held by the Charitable Trustee. Shares held by the Charitable Trustee shall continue to be issued and outstanding SharesShares of NXDT. The Prohibited Owner shall have no rights in the Shares shares held by the Charitable Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares shares held in trust by the Charitable Trustee, shall have no rights to dividends or other Distributions distributions and shall not possess any rights to vote or other rights attributable to the Shares shares held in the Charitable Trust.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (Nexpoint Diversified Real Estate Trust), Trust Agreement
Status of Shares Held by the Charitable Trustee. Equity Shares held by the Charitable Trustee shall continue to be issued and outstanding Equity Shares. The Prohibited Owner shall have no rights in the Shares shares held by the Charitable Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares shares held in trust by the Charitable Trustee, shall have no rights to dividends or other Distributions distributions and shall not possess any rights to vote or other rights attributable to the Shares shares held in the Charitable Trust.
Appears in 1 contract
Status of Shares Held by the Charitable Trustee. Shares held by the Charitable Trustee shall continue to be issued and outstanding SharesShares of NHF. The Prohibited Owner shall have no rights in the Shares shares held by the Charitable Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares shares held in trust by the Charitable Trustee, shall have no rights to dividends or other Distributions distributions and shall not possess any rights to vote or other rights attributable to the Shares shares held in the Charitable Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (NexPoint Strategic Opportunities Fund)
Status of Shares Held by the Charitable Trustee. Shares held by the Charitable Trustee shall continue to be issued and outstanding Shares. The Prohibited Owner shall have no rights in the Shares held by the Charitable Trustee. The Prohibited Owner shall not benefit economically from ownership of any Shares held in trust by the Charitable Trustee, shall have no rights to dividends or other Distributions distributions and shall not possess any rights to vote or other rights attributable to the Shares held in the Charitable Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Accordant ODCE Index Fund)
