Restrictions Lapse Date definition

Restrictions Lapse Date shall have the meaning set forth in Section 9.11 hereof.
Restrictions Lapse Date shall have the meaning set forth in Section 9.5 hereof. "Rights" shall mean "Rights", "Redemption Rights" or other similar rights as defined in the Rights Agreements. "Rights Agreements" shall mean the Bucksbaum Rights Agreement and those certain Redemption Rights Agreements entered into by the Partnership, the General Partner and certain Limited Partners or their predecessors in interest in connection with the issuance of Units to such Limited Partners or such predecessors in interest. "SEC" shall mean the United States Securities and Exchange Commission. "Section 704(c) Tax Items" shall have the meaning set forth in Exhibit C. "Shopping Center Project" shall mean any shopping center, including construction and improvement activities undertaken with respect thereto and off-site improvements, on-site improvements, structures, buildings and/or related parking and other facilities. "Stock Incentive Plan" means the General Partner's 1993 Stock Incentive Plan, as amended. "Substituted Limited Partner" shall have the meaning set forth in Section 8.2 hereof. "Tax Items" shall have the meaning set forth in Exhibit C. "Trading Day" shall mean a day on which the principal national securities exchange on which the Common Stock is listed or admitted to trading is open for the transaction of business or, if the Common Stock is not listed or admitted to trading on any national securities exchange, shall mean any day other than a Saturday, a Sunday or a day on which banking institutions in the State of New York are authorized or obligated by law or executive order to close. "Units" shall mean, with respect to any Partner, the partnership units owned by such Partner in the Partnership. The number of Units held by each Partner on the date hereof is set forth opposite its name on Exhibit A. Exhibits, Etc. References to an "Exhibit" or to a "Schedule" are, unless otherwise specified, to one of the Exhibits or Schedules attached to this Agreement, and references to an "Article" or a "Section" are, unless otherwise specified, to one of the Articles or Sections of this Agreement. Each Exhibit and Schedule attached hereto and referred to herein is hereby incorporated herein by reference.
Restrictions Lapse Date means the first date on which all of the following conditions are satisfied: (i) none of Martxx Xxxxxxxxx, Xxttxxx Xxxxxxxxx xx John Xxxxxxxxx xx an executive officer or director of the General Partner and (ii) Martxx Xxxxxxxxx, Xxttxxx Xxxxxxxxx, Xxhn Xxxxxxxxx xxx the Bucksbaum Limited Partners are not (or would not be assuming such persons exercised all of their outstanding Rights in exchange for Common Stock), in the aggregate, the beneficial owners of 10% or more of the outstanding shares of Common Stock of the General Partner. For purposes of the previous sentence, during his lifetime, a person shall be deemed to be the beneficial owner of any shares of Common Stock beneficially owned by his Affiliates (including shares that would be owned assuming all outstanding Rights were exercised in exchange for Common Stock by such persons). Development Projects. Notwithstanding anything contained in Section 9.4 hereof to the contrary, the Bucksbaum Limited Partners and their Affiliates shall not, during the Restricted Period, acquire, hold, own, develop, construct, improve, maintain, operate, sell, lease, transfer, encumber, convey or otherwise deal with any Development Project. During the Restricted Period, the Bucksbaum Limited Partners may notify the General Partner of any opportunities available to the Partnership to acquire an interest in any Development Project to the extent such Limited Partners believe such opportunities may be appropriate for consideration by the Partnership. Notwithstanding anything to the contrary contained in Sections 9.5 and 9.6 of this Agreement or any other provisions of this Agreement, Mattxxx Xxxxxxxxx, Xxhn Xxxxxxxxx, xxe Buckxxxxx Xxxited Partners and/or their respective Affiliates may hold equity

Examples of Restrictions Lapse Date in a sentence

  • In the event the New York Stock Exchange is not open for trading on the Restrictions Lapse Date, or if the Common Stock does not trade on such day, Fair Market Value for this purpose shall be the closing price of the Common Stock on the last trading day prior to the Restrictions Lapse Date.

  • In addition, Net Profit Shares are subject to forfeiture in connection with the termination of employment for “Cause” prior to the Restrictions Lapse Date as provided below.

  • Ryan informed the attendees that residents of private lanes are required to equally share the responsibility of maintaining common elements.


More Definitions of Restrictions Lapse Date

Restrictions Lapse Date means the second anniversary of the date on which all of the following conditions are satisfied: (i) neither Primary Limited Partner is an executive officer or director of the Trust and (ii) Xxxxxxx Xxxxxxxx and Xxxxx Xxxxxxxx are not (or would not be assuming such persons exercised all of their outstanding Rights of Redemption and received Common Shares in consideration therefor), in the aggregate, the beneficial owners of 10% or more of the outstanding Common Shares of the Trust. For purposes of the previous sentence, during his lifetime, a person shall be deemed to be the beneficial owner of any Common Shares beneficially owned by his Affiliates (including shares that would be owned assuming all outstanding Rights of Redemption were exercised and Common Shares were received in consideration therefor by such persons).
Restrictions Lapse Date means the first date on which all of the following conditions are satisfied: (i) none of Xxxxxx Xxxxxxxxx, Xxxxxxx Xxxxxxxxx or Xxxx Xxxxxxxxx is an executive officer or director of the General Partner and (ii) Xxxxxx Xxxxxxxxx, Xxxxxxx Xxxxxxxxx, Xxxx Xxxxxxxxx and the Bucksbaum Limited Partners are not (or would not be assuming such persons exercised all of their outstanding Rights in exchange for Common Stock), in the aggregate, the beneficial owners of 10% or more of the outstanding shares of Common Stock of the General Partner. For purposes of the previous sentence, during his lifetime, a person shall be deemed to be the beneficial owner of any shares of Common Stock beneficially owned by his Affiliates (including shares that would be owned assuming all outstanding Rights were exercised in exchange for Common Stock by such persons).
Restrictions Lapse Date means (x) with respect to Xxxxxxx Xxxxxxxx the second anniversary of the date on which all of the following conditions are satisfied: (i) neither Primary Limited Partner is an executive officer or trustee of the Trust and (ii) Xxxxxxx Xxxxxxxx and Xxxxx Xxxxxxxx are not (or would not be assuming such persons exercised all of their outstanding Rights of Redemption and received Common Shares in consideration therefore), in the aggregate, the beneficial owners of 10% or more of the outstanding Common Shares of the Trust, and (y) with respect to Xxxxx Xxxxxxxx, upon the earlier of (i) a Change in Control of the Trust (as defined below) or (ii) the first anniversary of the date on which Xxxxx Xxxxxxxx ceases to be an executive officer and trustee of the Trust. For purposes of the previous sentence, during his lifetime, a person shall be deemed to be the beneficial owner of any Common Shares beneficially owned by his Affiliates (including shares beneficially owned by his Affiliates (including shares that would be owned assuming all outstanding Rights of Redemption were exercised and Common Shares were received in consideration therefor by such persons). For purposes of this Amendment, a "Change in Control of the Trust" shall be deemed to occur if:
Restrictions Lapse Date means the earliest date on the shares purchased and sold under this Agreement may be resold in compliance with Rule 144 promulgated under the Securities Act (assuming that all conditions in addition to the holding period have been satisfied). For shares that are purchased from the Company, the Restrictions Lapse Date is one year and four days after completion of the Share Exchange; for shares that are purchased from Pubco, the Restrictions Lapse Date is six months after the Applicable Closing Date.

Related to Restrictions Lapse Date

  • Restriction Period means any period designated by the Committee during which (i) the Common Stock subject to a Restricted Stock Award may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating to such award, or (ii) the conditions to vesting applicable to a Restricted Stock Unit Award shall remain in effect.

  • SEC Restrictions has the meaning set forth in Section 2(b).

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Put Restriction means the days between the beginning of the Pricing Period and Closing Date. During this time, the Company shall not be entitled to deliver another Put Notice.

  • Restrictions means the restrictions on sale or other transfer set forth in Section 4.2 and the exposure to forfeiture set forth in Section 3.1.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Dealing Restrictions means restrictions imposed by statute, order, regulation or Government directive, or by the Model Code or any code adopted by the Company based on the Model Code and for this purpose the Model Code means the Model Code on dealings in securities set out in Listing Rule 9, annex 1 (of the London Stock Exchange), as varied from time to time;

  • Ownership Restrictions means collectively the Ownership Limit as applied to Persons other than the Initial Holder or Look-Through Entities, the Initial Holder Limit as applied to the Initial Holder and the Look-Through Ownership Limit as applied to Look-Through Entities.

  • Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

  • RMB Non-Transferability means the occurrence of any event that makes it impossible for the Issuer to deliver RMB between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong (including where the RMB clearing and settlement system for participating banks in Hong Kong is disrupted or suspended), other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date of the first Tranche of the relevant Series and it is impossible for the Issuer due to an event beyond its control, to comply with such law, rule or regulation);

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Restriction of Use means, in respect of any day, any difference from the normal capability of all or any part of the Routes (where the normal capability of the Routes is expressed in the Applicable Timetable Planning Rules relevant to that day notified to each Timetable Participant on or before D-26) which results in:

  • restrictive condition means any condition registered against the title deed of land restricting the use, development or subdivision of the land concerned:

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Non-transferability means the occurrence of any event that makes it impossible for the Issuer to deliver Renminbi between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • Holding Period means, with respect to a Hold-the-Offering-Price Maturity, the period starting on the Sale Date and ending on the earlier of (i) the close of the fifth business day after the Sale Date ( ), or (ii) the date on which the Underwriter has sold at least 10% of such Hold-the-Offering-Price Maturity to the Public at prices that are no higher than the Initial Offering Price for such Hold-the-Offering-Price Maturity.

  • Restriction : means to withhold from circulation, use or publication any personal information that forms part of a filing system, but not to delete or destroy such information;

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Vesting Conditions means those conditions established in accordance with Section 8.4 or Section 10.2 of the Plan prior to the satisfaction of which shares subject to a Restricted Stock Award or Restricted Stock Unit Award, respectively, remain subject to forfeiture or a repurchase option in favor of the Company upon the Participant’s termination of Service.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Investment Restrictions means the investment restrictions of the Fund as set forth in the Declaration of Trust including, without limitation, those described in section 2.0 of this Annual Information Form.