Common use of Voluntary Adjustments Clause in Contracts

Voluntary Adjustments. To the extent permitted by applicable law and subject to the listing standards of The New York Stock Exchange (if the REIT is then listed on The New York Stock Exchange), the Company is permitted to increase the Exchange Rate of the Notes by any amount for a period of at least 20 Business Days if the Board of Trustees determines that such increase would be in the Company’s best interest. Subject to the listing standards of The New York Stock Exchange (if the REIT is then listed on The New York Stock Exchange), the Company may also (but is not required to) increase the Exchange Rate to avoid or diminish income tax to holders of Common Shares or rights to purchase Common Shares in connection with a dividend or distribution of shares (or rights to acquire shares) or similar event.

Voluntary Adjustments. To the extent permitted by applicable law and subject to the listing standards of The New York Stock Exchange (if the REIT is then listed on The New York Stock Exchange), the Company is permitted to increase the Exchange Rate of the Notes by any amount for a period of at least 20 Business Days if the Board of Trustees Directors determines that such increase would be in the Company’s best interest. Subject to the listing standards of The New York Stock Exchange (if the REIT is then listed on The New York Stock Exchange), the Company may also (but is not required to) increase the Exchange Rate to avoid or diminish income tax to holders of Common Shares Stock or rights to purchase Common Shares Stock in connection with a dividend or distribution of shares (or rights to acquire shares) or similar event.

Voluntary Adjustments. To the extent permitted by applicable law and subject to the listing standards of The New York Stock Exchange the NYSE (if the REIT Company is then listed on The New York Stock Exchangethe NYSE), the Company is permitted to increase the Exchange Conversion Rate of the Notes by any amount for a period of at least 20 Business Days if the Board of Trustees Directors determines that such increase would be in the Company’s best interest. Subject to the listing standards of The New York Stock Exchange the NYSE (if the REIT Company is then listed on The New York Stock Exchangethe NYSE), the Company may also (but is not required to) increase the Exchange Conversion Rate to avoid or diminish income tax to holders of shares of the Common Shares Stock or rights to purchase shares of the Common Shares Stock in connection with a dividend or distribution of shares (or rights to acquire shares) or similar event.