Examples of Offered Partnership Units in a sentence
If Rights shall be exercised with respect to more than one Offered Partnership Unit at one time by the same Exercising Partner, the number of full shares of Common Stock comprising the Stock Purchase Price (or the cash equivalent amount thereof to the extent the Cash Purchase Price is paid) shall be computed on the basis of the aggregate number of Offered Partnership Units.
Each Limited Partner further agrees that, in the event any state or local property transfer tax is payable as a result of the transfer of its Offered Partnership Units to the Partnership or the Assumers, such Limited Partner shall assume and pay such transfer tax.
Each Exercising Partner shall provide to the General Partner such information as the General Partner may request regarding such Exercising Partner's actual and constructive ownership of Common Stock (and of individuals, and entities related to such Exercising Partner) in order for the General Partner to determine, in its sole discretion, whether a purchase or redemption of the Offered Partnership Units for shares of Common Stock would result in a violation of such restrictions.
The "Stock Purchase Price" shall mean the number of shares of Common Stock equal to the product, expressed as a whole number, of (i) the number of Offered Partnership Units, multiplied by (ii) the Conversion Factor.
Notwithstanding the foregoing, at the election of the General Partner, the Redemption Price may be the Stock Purchase Price for part of the Offered Partnership Units and the Cash Purchase Price for the remainder of the Offered Partnership Units.
No other information provided by or on behalf of the Company to the Investor that is not included in the SEC Documents, including, without limitation, information referred to in Section 3.6 of this Agreement, contains any untrue statement of a material fact or omits to state any material fact necessary in order to make the statements therein, in the light of the circumstance under which they are or were made, not misleading.
Management assigns these lives based on reasonable estimates when the asset is placed into service.
The Redemption Price ----------------------------------------------- payable by the Partnership to each Exercising Partner for the Offered Partnership Units shall be payable, at the election of the General Partner, by the delivery by the Partnership of the Redemption Price.
Each Limited Partner covenants and --------------------------- agrees that all Offered Partnership Units tendered in accordance with the exercise of Rights shall be delivered free and clear of all Liens.
At the time that the Ownership Limit is reached, the Purchase Price to be paid for the Offered Partnership Units shall be paid in cash rather than in REIT Shares (the "Cash Purchase Price").