Examples of OP Shares in a sentence
The OP Shares will be owned by the Seller through a limited partnership, Polar Star LP Co sarl, as described in the Structure Memo attached as Appendix 3.1.
As a further inducement for the Purchaser to purchase the Private Placement OP Shares, at the time of the completion of the IPO, the REIT and the Purchaser shall enter into a registration rights agreement, pursuant to which the REIT will grant certain registration rights to the Purchaser relating to the Common Stock that may be issued to the Purchaser in exchange for Private Placement OP Shares offered for redemption by the Purchaser.
The OP Shares are non-transferrable, in whole or in part, without the written consent of Nordic XX Xxx Co. S.à x.
Each Seller agrees that if its OP Shares are tendered for redemption, it will execute a notice of redemption or similar document that contains the certifications and covenants described in this paragraph with respect to the shares of common stock of Polar Star REIT issuable upon redemption of such OP Shares.
In 2050, all homes built by SC ASSET make every morning a good morning for more than one million customers.
Any net proceeds of liquidation shall be paid to the holders of OP Shares (including LTIP Units to the extent provided in Article 5.3), Class A Shares and the holder of GP Shares in proportion to their respective holdings on the basis that the OP Shares, the Class A Shares and the GP Shares shall rank pari passu.
He noted, given the changes in university governance in the state, WOU needed to differentiate itself from the other public universities and reaffirm its commitment to public higher education as a public good.
The OP Shares are subject to restrictions on transfer set forth of the articles of association of the Company.
The OP Shares, LTIP Units and Class C OP Shares issued to and subscribed for by each Director in connection with IPO shall vest in equal installments on the first business day of each of the first three anniversaries of 15 January 2015, beginning on 15 January 2016, with the final vesting date to occur on 15 January 2018.
Any net proceeds of liquidation shall be paid to holders of the Unlimited Shares, OP Shares, Class B OP Shares (to the extent holders of Class B OP Shares are entitled to full distributions pursuant to Article 15.5) and/or Class C OP Shares (to the extent holders of Class C OP Shares are entitled to full distributions pursuant to Article 15.6) in the proportion of their respective holdings on the basis that the Unlimited Shares, OP Shares, Class B OP Shares and/or Class C OP Shares shall rank pari passu.