Common use of LP Units Clause in Contracts

LP Units. At the Closing, Transferor, or certain partners of Transferor designated by Transferor on Schedule VIII attached hereto as updated pursuant to Section 6.2(a) hereof, shall collectively receive a number of LP Units that shall be equal to (A) the difference between the Exchange Value attributable to Transferor and the amount of the Cash Payment pursuant to clause (i), divided by (B) the REIT Stock Price.

Appears in 1 contract

Sources: Exchange and Contribution Agreement (Asr Investments Corp)

LP Units. At the Closing, Transferor, or certain partners of Transferor designated by Transferor on Schedule VIII attached hereto as updated pursuant to Section 6.2(a) hereof, shall collectively receive a number of LP Units that shall be equal to (A) the difference between the Exchange Value attributable to Transferor and the amount of the Cash Payment pursuant to clause (i), divided by (B) the REIT Stock Price.

Appears in 1 contract

Sources: Exchange and Contribution Agreement (Asr Investments Corp)