Issuee OP Units definition

Issuee OP Units means the OP Units received by the Issuee pursuant to the Contribution Agreement.
Issuee OP Units means the OP Units received by the Issuees pursuant to the Transfer Agreement.

Examples of Issuee OP Units in a sentence

  • The Issuee agrees by acquisition of the Issuee OP Units that upon receipt of any notice from the Company of the happening of any event of the kind described in paragraph (g) of this Section 3, the Issuee will forthwith discontinue its exchange of Issuee OP Units pursuant to the registration statement relating to such Issuee OP Units until the Issuee's receipt of the copies of the supplemented or amended prospectus contemplated by paragraph (g) of this Section 3.

  • The Company shall give the Issuee prompt notice in the ------ event that the Company has suspended exchanges of Issuee OP Units under Section 2(b).

  • A Shelf Registration shall not be deemed to have been effected if such registration cannot be used by the Issuee for more than 60 days as a result of any stop order, injunction or other order of the Commission or other Government Authority for any reason other than an act or omission of the Issuee, and all the Issuee OP Units registered thereunder are not exchanged.

  • As soon as possible after the Commencement ------------------ Date, but in no event later than 60 days after the Commencement Date, the Company will cause to be filed with the Commission a registration statement under Rule 415 of the Securities Act for the exchange of all of the Issuee OP Units then owned by Issuee for Company Common Stock (the "Shelf Registration").

  • The Company shall use its reasonable best efforts to cause the Shelf Registration to become effective, and keep the Shelf Registration continuously effective until the exchange of all of the Issuee OP Units for Company Common Stock registered thereunder has been completed.

  • The Issuee agrees by acquisition of the Issuee OP Units that upon receipt of any notice from the Company of the happening of any event of the kind described in paragraph (g) of this Section 4, the Issuee will forthwith cease to offer for sale Issuee Stock pursuant to the registration statement relating to such Issuee Stock until the Issuee’s receipt of the copies of the supplemented or amended prospectus contemplated by paragraph (g) of this Section 4.

  • As soon as possible after the Effective Time, but in no event later than 45 days after the Effective Time, the Company will cause to be filed with the Commission a registration statement (the “Shelf Registration”) under Rule 415 of the Securities Act for the resale by the Issuee of the Company Common Stock received, or to be received, by the Issuee upon exchange of the Issuee OP Units (the “Issuee Stock”).

  • As soon as possible after the Commencement ------------------ Date, but in no event later than 30 days after the Commencement Date, the Company will cause to be filed with the Commission a registration statement under Rule 415 of the Securities Act for the exchange of all of the Issuee OP Units then owned by Issuee for Company Common Stock (the "Shelf Registration").

  • The Company shall use its reasonable best efforts to cause ------------ the Shelf Registration to become effective, and keep the Shelf Registration continuously effective until the exchange of all of the Issuee OP Units for Company Common Stock registered thereunder has been completed.

  • The parties hereto agree that as of the Effective Time, the Original Registration Rights Agreement will be of no further force or effect and Issuee’s sole registration rights with respect to the Issuee OP Units will be as set forth in this Agreement.

Related to Issuee OP Units

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

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

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

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

  • 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.

  • 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.

  • 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.

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

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Common Units is defined in the Partnership Agreement.

  • 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.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

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

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • 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.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

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

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • General Partner Unit means a fractional part of the General Partner Interest having the rights and obligations specified with respect to the General Partner Interest. A General Partner Unit is not a Unit.