Common use of Certain Deemed Contributions of Proceeds of Issuance of REIT Shares Clause in Contracts

Certain Deemed Contributions of Proceeds of Issuance of REIT Shares. In ------------------------------------------------------------------- connection with any and all issuances of REIT Shares, the Company and the General Partner, as the Company determines, shall make Capital Contributions to the Partnership of the proceeds therefrom, provided that if the proceeds -------- ---- actually received and contributed by the Company, directly or through the General Partner, are less than the gross proceeds of such issuance as a result of any underwriter's discount or other expenses paid or incurred in connection with such issuance, then the General Partner and the Company shall be deemed to have made Capital Contributions to the Partnership in the aggregate amount of the gross proceeds of such issuance and the Partnership shall be deemed simultaneously to have paid such offering expenses in accordance with Section 6.05 hereof and in connection with the required issuance of additional Partnership Units to the General Partner and the Company for such Capital Contributions pursuant to Section 4.02(a) hereof.

Certain Deemed Contributions of Proceeds of Issuance of REIT Shares. In ------------------------------------------------------------------- connection with any and all issuances of REIT Shares, the Company and the General Partner, as the Company determines, shall make Capital Contributions to the Partnership of the proceeds therefrom, provided that PROVIDED THAT if the proceeds -------- ---- actually received and contributed by the Company, directly or through the General Partner, are less than the gross proceeds of such issuance as a result of any underwriter's discount or other expenses paid or incurred in connection with such issuance, then the General Partner and the Company shall be deemed to have made Capital Contributions to the Partnership in the aggregate amount of the gross proceeds of such issuance and the Partnership shall be deemed simultaneously to have paid such offering expenses in accordance with Section 6.05 hereof and in connection with the required issuance of additional Partnership Units to the General Partner and the Company for such Capital Contributions pursuant to Section 4.02(a) hereof.