Common use of Subordinated Participation Interests Clause in Contracts

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assets.

Appears in 11 contracts

Samples: Advisory Agreement (American Realty Capital New York City REIT, Inc.), Advisory Agreement (American Realty Capital New York City REIT, Inc.), Advisory Agreement (American Realty Capital Hospitality Trust, Inc.)

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Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assigneesassigns, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assets.

Appears in 11 contracts

Samples: Advisory Agreement (American Realty Capital New York City REIT II, Inc.), Advisory Agreement (American Realty Capital New York City REIT II, Inc.), Advisory Agreement (American Realty Capital New York City REIT II, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (its Affiliates’ or its assignees’) management of the Operating Partnership’s assets.

Appears in 5 contracts

Samples: Advisory Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), Advisory Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), Advisory Agreement (Phillips Edison Grocery Center Reit Ii, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets commencing on July 1, 2012.

Appears in 3 contracts

Samples: Advisory Agreement (American Realty Capital Trust IV, Inc.), Advisory Agreement (American Realty Capital Trust IV, Inc.), Advisory Agreement (American Realty Capital Trust III, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or and its assigneesAffiliates, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assigneesAffiliates’) management of the Operating PartnershipCompany’s assetsAssets commencing on July 1, 2012.

Appears in 2 contracts

Samples: Advisory Agreement (American Realty Capital New York Recovery Reit Inc), Fourth Amended And (American Realty Capital New York Recovery Reit Inc)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets commencing on January 1, 2013 through and including March 31, 2015.

Appears in 2 contracts

Samples: Advisory Agreement (Global Net Lease, Inc.), Advisory Agreement (American Realty Capital Global Trust, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets commencing on October 1, 2012.

Appears in 2 contracts

Samples: Advisory Agreement (American Realty Capital Healthcare Trust Inc), Advisory Agreement (American Realty Capital Healthcare Trust Inc)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets for any period ending prior to or as of March 31, 2015.

Appears in 2 contracts

Samples: Advisory Agreement (American Realty Capital Trust V, Inc.), Advisory Agreement (American Realty Capital Healthcare Trust II, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets for the period commencing on July 1, 2012 and ending on, and including, the Closing Date.

Appears in 2 contracts

Samples: Advisory Agreement (American Realty Capital Trust III, Inc.), Advisory Agreement (American Realty Capital Properties, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets for any period ending prior to or on September 30, 2015.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Capital Hospitality Trust, Inc.)

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Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets for any period ending prior to or as of September 30, 2017.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Capital Healthcare Trust III, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets for any period ending prior to or as of September 30, 2015.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Capital New York City REIT, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets commencing October 1, 2013.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets commencing on January 1, 2013.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Capital Global Trust, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets for any period ending prior to or as of March 31, 2015.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Capital Healthcare Trust II, Inc.)

Subordinated Participation Interests. The Company shall cause the Operating Partnership to periodically issue Subordinated Participation Interests in the Operating Partnership to the Advisor or its assignees, pursuant to the terms and conditions contained in the Operating Partnership Agreement, in connection with the Advisor’s (or its assignees’) management of the Operating Partnership’s assetsassets for any quarterly period commencing October 1, 2013 up to and including March 31, 2015.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)

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