Issued OP Units definition

Issued OP Units means that number of units of limited partnership interests in the Operating Partnership equal to the consideration paid by REIT to Contributor pursuant to Section 1.3(b) hereof divided by the final per share price of Class A common stock offered to the public in the IPO.
Sample 1Sample 2
Issued OP Units. Section 1.3(b) “Jaguar Board Designee” Section 5.15
Sample 1
Issued OP Units. Section 1.7(d) “JBG Advisory Agreement” Section 4.15(b)
Sample 1

Examples of Issued OP Units in a sentence

  • In consideration of the JBG Parties’ contribution of the JBG Included Assets pursuant to the transactions described in Section 1.2, the JBG Parties and their JBG Designees will receive from Newco and Newco OP, collectively, a number of Issued Newco Shares and/or Issued OP Units (collectively, the “Equity Consideration”) equal to the Share Number.

  • Any such Cash Consideration shall be equal to the product of (x) the number of Issued Newco Shares and/or Issued OP Units that would otherwise have been payable to such JBG Party or JBG Designee multiplied by (y) the Trading Price.

  • With respect to the transactions described in Section 1.2(f)(i), (ii) and (iii), the applicable JBG Party (or its JBG Designees) shall be entitled to receive only Issued OP Units, payable in accordance with Section 1.7(d) (subject, however, to the provisions of Section 1.7(b) with respect to Cash Consideration).

  • In exchange for such contribution, Newco OP shall issue to the Vornado Parties or the applicable JBG Parties an amount of Issued OP Units or Issued Newco Shares (as elected by such Vornado Parties or such applicable JBG Parties) equal to the Post-Closing Consideration Number.

  • Notwithstanding anything to the contrary contained herein, no Kickout Interest shall be transferred at the Closing, and the Cash Consideration and Equity Consideration payable to the applicable Jaguar Fund that owns such Kickout Interest shall be reduced by an amount of cash, Issued Giants Shares and Issued OP Units set forth opposite such Kickout Interests on Section 1.5 of the Jaguar Disclosure Letter.


More Definitions of Issued OP Units

Issued OP Units. Section 1.7(d)
Sample 1

Related to Issued OP Units

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Class B Units means the Class B Units of the Company.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Company Class A Common Stock means the Class A common stock, par value $0.0001 per share, of the Company.

  • REIT Shares means shares of common stock, $0.01 par value per share, of the Company.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Common Units is defined in the Partnership Agreement.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.