Xxxxx Preferred Shares definition

Xxxxx Preferred Shares means the Series H Preferred Shares, ---------------------- Series I Preferred Shares, Series J Preferred Shares, Series K Preferred Shares, Series L Preferred Shares and Series M Preferred Shares of the Trust or any of the foregoing.

Xxxxx Preferred Shares has the meaning set forth in the preamble to this Agreement.

Xxxxx Preferred Shares is defined in the recitals to this Agreement.

Examples of Xxxxx Preferred Shares in a sentence

• If the Related Tenant Limit is still exceeded and the Related Tenant Event was not caused by the Related Tenant Owner in question, Shares (other than Xxxxx Preferred Shares) owned directly or indirectly by such Related Tenant Owner shall be exchanged for Excess Shares until the Related Tenant Owner does not own Shares in excess of the Related Tenant Limit.

• Failure to pay rent and other charges as provided by law may provide grounds for evicting you from the community.

• In determining which Shares are exchanged, Shares (other than Xxxxx Preferred Shares) Beneficially Owned by any Person who caused the Event to occur shall be exchanged before any Shares not so held are exchanged.

• In determining which Shares are exchanged, Shares (other than Xxxxx Preferred Shares) owned directly or indirectly by any Person who caused the Prohibited Owner Event to occur shall be exchanged before any Shares not so held are exchanged.

• If the Non-U.S. Event was not caused by a Non-U.S. Person, Shares (other than Xxxxx Preferred Shares) owned directly or indirectly by Non-U.S. Persons shall be chosen by random lot and exchanged for Excess Shares until Non-U.S. Persons do not own directly or indirectly 50% or more of the issued and outstanding Shares.

• Transferability; Transfer Restrictions and Ownership Limitations of the Xxxxx Preferred Shares.

• In determining which Shares are exchanged, Shares (other than Xxxxx Preferred Shares) owned directly or indirectly by any Non-U.S. Person who caused the Non-U.S. Event to occur shall be exchanged before any Shares not so held are exchanged.

• If the Trust is still disqualified, Shares (other than Xxxxx Preferred Shares) owned directly or indirectly by Persons who did not cause the Prohibited Owner Event to occur shall be chosen by random lot and exchanged for Excess Shares until the Trust is no longer disqualified as a REIT.

• If any Person is required to exchange Shares pursuant to this subsection (c)(iii), such Person shall first exchange Shares (other than Xxxxx Preferred Shares) directly held by such Person before exchanging Shares owned constructively through the application of Section 544 of the Code, as modified by Section 856(h)(1)(B) of the Code.

• Each certificate for Xxxxx Preferred Shares shall bear substantially the following legend: "The shares represented by this certificate are subject to restrictions on transfer and ownership for the purpose of the Trust's maintenance of its status as a Real Estate Investment Trust under the Internal Revenue Code of 1986, as amended.

More Definitions of Xxxxx Preferred Shares

Xxxxx Preferred Shares has the meaning set forth in Section 5.03(b)(i).

Xxxxx Preferred Shares means the issued and outstanding redeemable preferred shares of a par value of $0.0001 each in the capital of Xxxxx;