Class S Common Shares definition
Class S Common Shares shall have the meaning set forth in the Charter.
Class S Common Shares means Class S Common Shares of the Trust.
Class S Common Shares shall have the meaning set forth in the Declaration of Trust.
Examples of Class S Common Shares in a sentence
The Advisor will have the option of exchanging Class I Common Shares for an equivalent aggregate NAV amount of Class T Common Shares, Class S Common Shares or Class D Common Shares and will have registration rights with respect to shares of the Company’s common stock.
More Definitions of Class S Common Shares
Class S Common Shares shall have the meaning as provided in Section 5.1 herein.
Class S Common Shares shall have the meaning set forth in the Charter. “Class T Common Shares” shall have the meaning set forth in the Charter. “Code” shall mean the Internal Revenue Code of 1986, as amended. “Commencement Date” shall mean the date on which the Company breaks escrow for its initial Offering. “Company” shall have the meaning set forth in the preamble of this Agreement. “Company Management Fee” shall have the meaning set forth in Section 10(a). “Director” shall mean a member of the Board. “Distributions” shall have the meaning set forth in the Charter. “Effective Date” shall have the meaning set forth in the preamble of this Agreement. “Excess Amount” shall have the meaning set forth in Section 13. “Exchange Act” shall have the meaning set forth in the Charter. “Expense Year” shall have the meaning set forth in Section 13. “GAAP” shall mean generally accepted accounting principles as in effect in the United States of America from time to time. “Gross Proceeds” shall mean the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Selling Commissions. The purchase price of any Class T Common Share or Class S Common Share shall be deemed to be the full, non-discounted offering price at the time of purchase of each such Class T Common Share or Class S Common Share.
Class S Common Shares in the Articles of Incorporation. “Class S Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S Unit as provided in this Agreement. “Class S-1 Conversion Rate” means the fraction, the numerator of which is the Net Asset Value Per Unit for each Class S-1 Unit and the denominator of which is the Net Asset Value Per Unit for each Class I Unit. “Class S-1 Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S-1 Unit as provided in this Agreement. “Class S-2 Conversion Rate” means the fraction, the numerator of which is the Net Asset Value Per Unit for each Class S-2 Unit and the denominator of which is the Net Asset Value Per Unit for each Class I Unit. “Class S-2 Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S-2 Unit as provided in this Agreement. “Class S-PR Conversion Rate” means the fraction, the numerator of which is the Net Asset Value Per Unit for each Class S-PR Unit and the denominator of which is the Net Asset Value Per Unit for each Class I Unit. “Class S-PR REIT Shares” means the REIT Shares referred to as “Class S-PR Common Shares” in the Articles of Incorporation. “Class S-PR Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S-PR Unit as provided in this Agreement.
Class S Common Shares shall have the meaning set forth in the Charter. “Class S NAV per Share” shall have the meaning set forth in the Charter. “Class S-1 Common Shares” shall have the meaning set forth in the Charter. “Class S-1 NAV per Share” shall have the meaning set forth in the Charter. “Code” shall mean the Internal Revenue Code of 1986, as amended. “Commitment Fee” shall have the meaning set forth in Section 10(e).
Class S Common Shares in the Articles of Incorporation. “Class S Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S Unit as provided in this Agreement. “Class S-PR Conversion Rate” means the fraction, the numerator of which is the Net Asset Value Per Unit for each Class S-PR Unit and the denominator of which is the Net Asset Value Per Unit for each Class I Unit. “Class S-PR REIT Shares” means the REIT Shares referred to as “Class S-PR Common Shares” in the Articles of Incorporation. “Class S-PR Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S-PR Unit as provided in this Agreement. “Class S-1 Conversion Rate” means the fraction, the numerator of which is the Net Asset Value Per Unit for each Class S-1 Unit and the denominator of which is the Net Asset Value Per Unit for each Class I Unit. “Class S-1 Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S-1 Unit as provided in this Agreement. “Class S-2 Conversion Rate” means the fraction, the numerator of which is the Net Asset Value Per Unit for each Class S-2 Unit and the denominator of which is the Net Asset Value Per Unit for each Class I Unit. “Class S-2 Unit” means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class S-2 Unit as provided in this Agreement.
Class S Common Shares means the Trust’s common shares of beneficial interest classified as Class S.