REIT Shares definition

REIT Shares means shares of common stock, $0.01 par value per share, of the Company.

REIT Shares shall have the meaning set forth in the OP Agreement.

REIT Shares and "REIT Shares Amount" with respect to the General Partner shall apply only with reference to the Company.

Examples of REIT Shares in a sentence

• The Survivor shall in good faith arrive at a new method for the calculation of the Cash Amount, the REIT Shares Amount and Conversion Factor for a Partnership Unit after any such merger or consolidation so as to approximate the existing method for such calculation as closely as reasonably possible.

• Moreover, if the General Partner makes a cash tender offer or other offer to acquire REIT Shares, then the General Partner shall cause the Partnership to make a corresponding offer to the General Partner to acquire an equal number of Partnership Units held by the General Partner.

• Such calculation shall take into account, among other things, the kind and amount of securities, cash and other property that was receivable upon such merger or consolidation by a holder of REIT Shares or options, warrants or other rights relating thereto, and which a holder of Partnership Units could have acquired had such Partnership Units been exchanged immediately prior to such merger or consolidation.

• Any such differences shall correspond to differences in the amount of distributions per REIT Share for REIT Shares of different Classes, with the same adjustments being made to the amount of distributions per Partnership Unit for Partnership Units of a particular Class as are made to the distributions per REIT Share by the General Partner with respect to REIT Shares having the same Class designation.

• Notwithstanding any delay in such delivery, the Tendering Party shall be deemed the owner of such REIT Shares and Rights for all purposes, including, without limitation, rights to vote or consent, receive dividends, and exercise rights, as of the Specified Redemption Date.

More Definitions of REIT Shares

REIT Shares. Shall have the meaning set forth in the OP Agreement. Release: Shall have the same meaning as the definition of “release” in the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) at 42 U.S.C. Section 9601(22), but not including the exclusions identified in that definition, at subparts (A) through (D). Tax or Taxes: Means any federal, state, provincial, local or foreign income, gross receipts, license, payroll, employment-related, excise, goods and services, harmonized sales, severance, stamp, occupation, premium, windfall profits, environmental, customs duties, capital stock, franchise, profits, withholding, social security, unemployment, disability, real property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, estimated, or other tax of any kind whatsoever, including any interest, penalty, or addition thereto, whether disputed or not. Tax Return: Means any return, declaration, report, claim for refund, or information return or statement related to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

REIT Shares. Shall have the meaning set forth in the Partnership Agreement.

REIT Shares means a share of the Previous General Partner’s Class A Common Stock.

REIT Shares means the Class A common stock, par value $0.01 per share, or the Class B common stock, par value $0.01 per share, of the REIT.

REIT Shares means the shares of common stock, $.01 par value per share, of the Company (or Successor Entity, as the case may be).

REIT Shares means shares of the common stock of the Inland REIT and any successor security or interest.

REIT Shares has the meaning set forth in the recitals.