Examples of REIT Series in a sentence
Capital Reserves Series Cash Reserve Series Convertible Securities Series (New) Decatur Total Return Series Delaware Series Delchester Series Devon Series (New) Emerging Markets Series (New) DelCap Series Global Bond Series (New) International Equity Series Social Awareness Series (formerly Quantum Series) (New) REIT Series (New) Strategic Income Series (New) Trend Series Small Cap Value Series (formerly Value Series) Delaware Group Tax-Free Fund, Inc.
Capital Reserves Series Cash Reserve Series Convertible Securities Series (New) Decatur Total Return Series Delaware Series Delchester Series Devon Series (New) Emerging Markets Series (New) DelCap Series Global Bond Series (New) International Equity Series Quantum Series (New) REIT Series (New) Strategic Income Series (New) Trend Series Value Series Delaware Group Tax-Free Fund, Inc.
To meet the requirement that a real estate investment trust have at least 100 shareholders and notwithstanding anything herein to the contrary, the REIT will have the right to issue, for Cash, the REIT Series B Preferred Stock.
Notwithstanding anything to the contrary contained herein, any and all Series A Preferred Units to be exchanged for REIT Series A Preferred Stock pursuant to this Section 16.7 shall be so exchanged in a single transaction at one time.
Distributions on the Series B Preferred Units will be cumulative from and including the Series B Preferred Shares Original Issuance Date, or, with respect to the special distribution right referred to in Section 17.2.E below, from, and including, the first date on which the dividend rate payable on the REIT Series B Preferred Shares is increased in accordance with the Series B Preferred Shares Terms.
Notwithstanding anything to the contrary contained herein, any and all Series B Preferred Units to be exchanged for REIT Series B Preferred Stock pursuant to this Section 17.8 shall be so exchanged in a single transaction at one time.
In addition, no transfer may be made to any person if such transfer would cause the exchange of the Series A Preferred Units for REIT Series A Preferred Shares, as provided herein, to be required to be registered under the Securities Act of 1933, as amended, or any state securities laws.
If, at any time, and for such period of time as, the dividend rate payable on the REIT Series B Preferred Shares is increased in accordance with the Series B Preferred Shares Terms, the Series B Priority Return shall be increased to 12.375% per annum on the stated value of $25.00 per Series B Preferred Unit (equivalent to the fixed annual amount of $3.09375 per Series B Preferred Unit).
As of the time of the Conditional Exchange, all of the REIT Series A Preferred Stock will be deemed cancelled and will cease to be outstanding without any further action on the part of PNC RETT Corp.
Upon the occurrence of a Conditional Exchange, each share of REIT Series A Preferred Stock shall be exchanged for one share of Series H Preferred Stock in accordance with the terms and conditions described herein and in the Certificate of Incorporation of PNC REIT Corp.