Common OP Units definition

Common OP Units has the meaning set forth in the Recitals.

Common OP Units means Common Units as defined in the OP Partnership Agreement.

Common OP Units are a class of OP Units with such terms, rights and preferences as are set forth in this Agreement.

Examples of Common OP Units in a sentence

• Except for the 5.875% Series B Cumulative Redeemable Preferred Units of the Operating Partnership, 5.625% Series C Cumulative Redeemable Preferred Units of the Operating Partnership and the Series 1 CPOP Units and the Series 2 CPOP Units (collectively, the “Preferred OP Units” and, together with the Common OP Units, the “OP Units”) or as described in the Registration Statement and the Prospectus, there are no other OP Units outstanding as of the date hereof other than those owned by the Company.

• If the Company shall exercise its rights under this Section 2.4(b), Holders (other than Holders of Restricted Shares) shall have no right to have shares of Common Stock issued or issuable upon exchange of Exchangeable Common OP Units included in a Resale Shelf Registration Statement pursuant to Section 2.4(a).

• Except for the 5.875% Series A Cumulative Redeemable Preferred Units of the Operating Partnership, 5.875% Series B Cumulative Redeemable Preferred Units of the Operating Partnership and the Series 1 CPOP Units (collectively, the “Preferred OP Units” and, together with the Common OP Units, the “OP Units”) or as described in the Registration Statement and the Prospectus, there are no other OP Units outstanding as of the date hereof other than those owned by the Company.

• The Common Stock and the Common OP Units are sometimes referred to herein collectively as the “Common Equity”.

• Any Investor who fails to execute and deliver the Election Documentation on or prior to the Closing shall be deemed to elect to receive Common OP Units.

More Definitions of Common OP Units

Common OP Units means all limited partnership interests in

Common OP Units means all limited partnership interests in --------------- the Borrower other than Preferred OP Units.

Common OP Units has the meaning provided in the Borrower's Partnership Agreement.

Common OP Units means those Common OP Units representing common limited partnership interests in SCOLP which are issued to the Holders as of the Closing. This Agreement shall be amended at the Closing to set forth on Exhibit A hereto the number of Common OP Units issued to each Holder at the Closing.

Common OP Units has the meaning ascribed to it in the Company's Partnership Agreement.

Common OP Units means units of limited partnership interest in the OP which are paired with limited partnership interests in SRC, other than (i) the Convertible Preferred OP Units, (ii) the Perpetual Preferred OP units and (iii) other preferred units of limited partnership interest in the OP which are currently outstanding.

Common OP Units means units of limited partnership interest in the OP which are paired with limited partnership interests in SRC, other than