Tendering Party definition

Tendering Party has the meaning provided in Section 8.5(a) hereof.

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Tendering Party has the meaning set forth in Section 15.1.A hereof.

Tendering Party shall have the meaning set forth in Section 6(b) hereof.

Examples of Tendering Party in a sentence

If the Partnership elects to redeem any number of Tendered Units for REIT Shares rather than the Cash Amount, on the Specified Redemption Date, the Tendering Party shall sell such number of the Tendered Units to the General Partner in exchange for a number of REIT Shares equal to the product of the REIT Shares Amount and the Applicable Percentage.
The percentage of the Tendered Units tendered for Redemption by the Tendering Party for which the General Partner elects to issue REIT Shares (rather than the Cash Amount) is referred to as the “Applicable Percentage.” In making such election to acquire Tendered Units, the Partnership shall act in a fair, equitable and reasonable manner that neither prefers one group or class of Limited Partners over another nor discriminates against a group or class of Limited Partners.
No Tendering Party whose Tendered Units are acquired by the General Partner shall have any right to cause or require the General Partner to register or qualify such REIT Shares with any federal or state securities agency under the Securities Act or to list such REIT Shares on any stock exchange.
The Tendering Party shall have no right, with respect to any Partnership Units so redeemed, to receive any distribution paid with respect to Partnership Units if the record date for such distribution is on or after the Specified Redemption Date.

More Definitions of Tendering Party

Tendering Party has the meaning set forth in Section 8.4(a) hereof.

Tendering Party means a party or parties as a group who has / have participated in the tender process and submitted his / their tender in response to an invitation to participate in the tender or a party / parties who is / are prospective tenders qualified to participate in a tender based on notice issued by the Company inviting tender.

Tendering Party shall have the meaning set forth in Section 6(b) of this Partnership Unit Designation.

Tendering Party has the meaning set forth in Section 7.4(a).

Tendering Party has the meaning set forth in Section 11.01(a).

Tendering Party has the meaning provided in Section 8.5(a) of this Agreement.

Tendering Party as defined in Section 10.27.