Paired Share definition

Paired Share means one Share and one Trust Interest.

Paired Share means a Corporation Share and a Trust Share which are paired pursuant to the Pairing Agreement.

Paired Share means one Company Common Share and one Class B REIT Share, which interests are attached and trade together, and as such Paired Share may be adjusted pursuant to the provisions of Section 12 of the Plan.

Examples of Paired Share in a sentence

• Paired Share Issue Section 269B(a)(3) of the Code requires that all entities that are stapled entities be treated as a single entity for purposes of determining whether any stapled entity is a REIT.

• Any fraction of a Paired Share which would be required to pay such purchase price shall be disregarded and the remaining amount due shall be paid in cash by the Optionee.

• If any adjustment would result in a fractional security being subject to the Option, the Company shall pay the Optionee, in connection with the first exercise of the Option, in whole or in part, occurring after such adjustment, an amount in cash determined by multiplying (i) the fraction of such security (rounded to the nearest hundredth) by (ii) the excess, if any, of (A) the fair market value of a Paired Share on the exercise date over (B) the exercise price of the Option.

• Such distributions shall be made to the Shareholders pro rata in proportion to the number of Undivided Shares and Paired Share Units then outstanding.

• If a fractional Conversion Unit is otherwise deliverable to a converting holder upon a conversion of 7.00% Cumulative Convertible Preferred Units, the Operating Partnership shall in lieu thereof pay to the person entitled thereto an amount in cash equal to the current value of such fractional interest, calculated to the nearest 1/1000th of a unit, to be computed using the current market price of a Paired Share on the date of conversion, in the case of a conversion into Common Units.

More Definitions of Paired Share

Paired Share means a share of common stock of the Company, par value $.01 per share as paired to a share of common stock of Patriot REIT par value $.01 per share.

Paired Share means one share of Common Stock and one share of Wyndham Common Stock, paired and transferable and traded only in combination as a single unit. For purposes of this Section 2, so long as a share of Common Stock and a share of Wyndham Common Stock are paired and transferable and traded only in combination as a single unit, a dividend or distribution paid with respect to a Paired Share shall include those instances where a dividend or distribution is paid with respect to a share of Common Stock and/or a share of Wyndham Common Stock.

Paired Share means one share of Simon Group Common Stock and a pro rata Trust Interest.

Paired Share means one share of Common Stock and one Trust Interest.

Paired Share means one share of common stock, par value $.01 per share, of OpCo (the "OpCo Common Stock") and one share of common stock, par value $.01 per share, of REIT, paired and transferable and traded only in combination as a single unit on the New York Stock Exchange (the "NYSE").

Paired Share means a share of Common Stock and a share of Operating Company Stock.

Paired Share means a share of common stock of the Company, par value $.01 per share as paired to a share of common stock of Patriot American Hospitality Operating Co., Inc., par value $.01 per share.