REIT Stock Amount definition

REIT Stock Amount means that number of shares of REIT Stock equal to the product of the number of Partnership Units offered for exchange by an Exchanging Partner, multiplied by the Exchange Factor as of the Valuation Date, provided, that in the event the Company or the Operating Partnership issues to all holders of REIT Stock rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Stock, or any other securities or property (collectively, the “rights”), then the REIT Stock Amount shall also include such rights that a holder of that number of shares of REIT Stock would be entitled to receive.

REIT Stock Amount has the meaning set forth in the Exchange Rights Agreement.

REIT Stock Amount has the meaning set forth in the Operating Partnership Agreement.

Examples of REIT Stock Amount in a sentence

• At all times during the pendency of the Exchange Right, the Company shall reserve for issuance such number of shares of REIT Stock as may be necessary to enable the Company to issue such shares in full payment of the REIT Stock Amount in regard to all OP Units held by Limited Partners which are from time to time outstanding.

• In connection with any exercise of such rights by an Assignee on behalf of a Limited Partner, the Cash Amount or the REIT Stock Amount, as the case may be, shall be satisfied by the Operating Partnership or the Company, as the case may be, directly to such Assignee and not to such Limited Partner.

• Notwithstanding the provisions of Section 2.1.A, the Company may, on behalf of the Operating Partnership, in its sole and absolute discretion, elect to satisfy an Exchanging Partner's Exchange Right by exchanging REIT Stock and rights equal to the REIT Stock Amount on the Specified Exchange Date for the OP Units offered for exchange by the Exchanging Partner.

• Subject to the provisions of this Section 8.6, at any time on or after the conversion of LTIP Partnership Units into Common Series B Units, the recipient of such Common Series B Units may request (the “Series B Redemption Request”) that the Partnership redeem on a Specified Redemption Date all or a portion of such Common Series B Units, at a redemption price equal to and in the form of the REIT Stock Amount and the General Partner, in its sole discretion, may grant such Series B Redemption Request.

• In connection with any exercise of such rights by an Assignee on behalf of a Limited Partner, the REIT Stock Amount shall be paid by the REIT directly to such Assignee and not to such Limited Partner.

More Definitions of REIT Stock Amount

REIT Stock Amount means a number of shares of REIT Stock equal to the number of Common Partnership Units offered for redemption by a Redeeming Partner; provided that in the event that the General Partner issues to all holders of REIT Stock rights, options, warrants, or convertible or exchangeable securities entitling stockholders of the General Partner to acquire REIT Stock, or any other securities or property (collectively, the “rights”), then the REIT Stock Amount shall also include such rights that a holder of that number of shares of REIT Stock would be entitled to receive.

REIT Stock Amount. A number of shares of Common Stock equal to the product of the number of Partnership Units offered for exchange by a Partner, multiplied by the Conversion Factor, provided that in the event the REIT issues to all holders of Common Stock rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase shares of Common Stock, or any other securities or property (collectively, the "rights"), then the REIT Stock Amount shall also include such rights that a holder of that number of shares of Common Stock would be entitled to receive.

REIT Stock Amount means a number of shares of REIT Stock equal to the number of, and corresponding to the class or series of, Partnership Units offered for redemption by a Redeeming Partner; provided that in the event that the General Partner issues to all holders of REIT Stock, or all holders of a class or series of REIT Stock, rights, options, warrants, or convertible or exchangeable securities entitling stockholders of the General Partner to acquire REIT Stock, or any other securities or property (collectively, the “rights”), then the REIT Stock Amount shall also include such rights that a holder of that number of shares of such class or series of REIT Stock would be entitled to receive.

REIT Stock Amount means a number of shares of REIT Stock equal to the product of the number of, and corresponding to the class or series of, Partnership Units offered for redemption by a Redeeming Partner multiplied by the Conversion Factor as may be adjusted to and including the date for redemption; provided that in the event that AHR issues to all holders of REIT Stock, or all holders of a class or series of REIT Stock, rights, options, warrants, or convertible or exchangeable securities entitling stockholders of AHR to acquire REIT Stock, or any other securities or property (collectively, the “rights”), then the REIT Stock Amount shall also include such rights that a holder of that number of shares of such class or series of REIT Stock would be entitled to receive; provided further that the “Series A” designation and “Series B” designation of Partnership Class I Units shall have no meaning except with respect to the rights set forth at Section 8.6(l)(ii) and 8.6(l)(iii) hereof such that the REIT Stock Amount corresponding to such Partnership Class I Units shall be REIT Class I Stock with no series designation.

REIT Stock Amount means a number of shares of REIT Stock equal to the number of, and corresponding to the class or series of, Partnership Units offered for redemption by a Redeeming Partner; provided that in the event that the General Partner issues to all holders of REIT Stock, or all holders of a class or series of REIT Stock, rights, options, warrants, or convertible or exchangeable securities entitling stockholders of the General Partner to acquire REIT Stock, or any other securities or property (collectively, the “ rights ”), then the REIT Stock Amount shall also include such rights that a holder of that number of shares of such class or series of REIT Stock would be entitled to receive.

REIT Stock Amount means a number of shares of REIT Stock equal to the product of (x) the number of Common Partnership Units offered for redemption by a Redeeming Partner by (y) the Conversion Factor as adjusted to and including the redemption date; provided that in the event that the General Partner issues to all holders of REIT Stock rights, options, warrants, or convertible or exchangeable securities entitling stockholders of the General Partner to acquire REIT Stock, or any other securities or property (collectively, the “rights”), then the REIT Stock Amount shall also include such rights that a holder of that number of shares of REIT Stock would be entitled to receive.

REIT Stock Amount means that number of shares of REIT Stock equal to the product of the number of Partnership Units offered for exchange by an Exchanging Partner, multiplied by the Exchange Factor as of the Valuation Date, provided, that in the event the Company or the Operating Partnership issues to all holders of REIT Stock rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Stock, or any other securities or property (collectively, the “rights”), then the REIT Stock Amount shall also include such rights that a holder of that number of shares of REIT Stock would be entitled toreceive.