OP Interests definition

OP Interests means limited partnership interests in the Operating Partnership that may be exchanged or redeemed for Shares on a one-for-one basis, or any profits interest in the Operating Partnership that may be exchanged or converted into such limited partnership interests.
Sample 1Sample 2Sample 3
OP Interests means limited partnership interests in the OP that may be exchanged or redeemed for Shares on a one-for-one basis, or any profits interest in the OP that may be exchanged or converted into such limited partnership interests.
Sample 1Sample 2Sample 3
OP Interests shall have the meaning set forth in Section 5.2.10(c).
Sample 1Sample 2

Examples of OP Interests in a sentence

  • From and after termination of Plan participation for any reason, Dividends and/or Distributions will be distributed to the Stockholder or holder of OP Interests in cash.

  • PS OP Interests Each common partnership unit receives a cash distribution equal to the dividend paid on our common shares and is redeemable at PS’s option.

  • The parties agree to give such notices prior to Closing and enter into such definitive agreements and transfer documents at Closing as are necessary to reflect the terms set forth herein and effect the transfer of the OP Interests.

  • All the STAR OP Interests held by STAR are directly owned by STAR or a Wholly Owned STAR Subsidiary, free and clear of all Liens other than Permitted Liens and free of preemptive rights.

  • All of the STAR OP Interests are duly authorized and validly issued and were issued in compliance with applicable securities Laws.

  • FINOVA agrees to sell to Atlas, and Atlas agrees to purchase from FINOVA, the OP Interests on the terms and conditions set forth herein.

  • At the close of business on August 1, 2019, (i) 52,229,664 shares of STAR Common Stock were issued and outstanding, (ii) 1,000 shares of STAR Convertible Stock were issued and outstanding, (iii) no shares of STAR Preferred Stock were issued and outstanding, (iv) 965,011 shares of STAR Common Stock were available for grant under the STAR Equity Incentive Plan, and (v) no shares of STAR Common Stock were reserved for issuance upon redemption of STAR OP Interests.

  • Atlas will execute and deliver the Notes, and Atlas and FINOVA will execute and deliver appropriate transfer documents to provide for the transfer to Atlas (or to another party designated by Atlas) of the OP Interests.

  • Neither party may assign this agreement or its rights hereunder without the consent of the other party, except that Atlas may designate another entity to receive the transfer of the OP Interests.

  • General Enforcement Policy for Contractor-Operated Facilities ....


More Definitions of OP Interests

OP Interests means OP Units or other equity interests in the Operating Partnership, and its successors or permitted assigns.
Sample 1Sample 2
OP Interests shall have the meaning set forth in Section 7.3(a) hereof.
Sample 1Sample 2
OP Interests has the meaning provided in Section 8.26(b)(vi) of this Agreement.
Sample 1Sample 2
OP Interests shall have the meaning set forth in Section 6.1(h).
Sample 1
OP Interests shall have the meaning set forth in Section 12.01 of this Participation Agreement.
Sample 1
OP Interests means limited partnership interests in the Operating Partnership (including limited partnership interests in the Operating Partnership that are intended to constitute “profits interests” within the meaning of IRS Revenue Procedures 93-27 and 2001-43).
Sample 1

Related to OP Interests

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Membership Interests has the meaning set forth in the recitals.

  • 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.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Ownership Interests means, with respect to any entity, any ownership interests in the entity and any economic rights (such as a right to distributions, net cash flow or net income) to which the owner of such ownership interests is entitled.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Contributed Interests has the meaning set forth in the recitals to this Agreement.

  • LLC Interests shall have the meaning given to such term in Section 6.1.

  • Class B Interests As set forth in the Trust Agreement.

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Common Interests of any Person means Capital Interests in such Person that do not rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to Capital Interests of any other class in such Person.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Intercompany Interests means an Interest in a Debtor held by another Debtor and, for the avoidance of doubt, excludes the Existing Equity Interests.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Company Interests has the meaning set forth in the Recitals.

  • Common Units is defined in the Partnership Agreement.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • GP Interest means: (i) with respect to any limited partnership, a unit of general partnership interest in such partnership; and (ii) with respect to a McNeil Partnership, the units of general partnership interest held by the general partner of such McNeil Partnership and all of the rights in respect thereof, including not only the general partner's proportionate interest of the profits and losses of that McNeil Partnership based on the general partner's capital contribution but also the rights and other assets (if any) corresponding to such McNeil Partnership which are being contributed to the applicable New GP LLC at the direction of the Company in accordance with Article II hereof.

  • Purchased Interests has the meaning set forth in the Recitals.

  • New Equity Interests means the limited liability 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.