Common use of Ownership Limit Clause in Contracts

Ownership Limit. Notwithstanding any other provision of this Sixth Supplemental Indenture or the Notes, no Holder of Notes (or beneficial owner of Notes) shall be entitled to convert such Notes for Common Shares to the extent that receipt of such shares would cause such Holder (or beneficial owner of Notes) (together with such Holder’s (or beneficial owner’s) affiliates) to exceed the applicable ownership limit contained in the declaration of trust of the Company.

Appears in 2 contracts

Sources: Indenture (Prologis), Sixth Supplemental Indenture (Prologis)

Ownership Limit. Notwithstanding any other provision of this Sixth Fourth Supplemental Indenture or the Notes, no Holder of Notes (or beneficial owner of Notes) shall be entitled to convert such Notes for Common Shares to the extent that receipt of such shares would cause such Holder (or beneficial owner of Notes) (together with such Holder’s (or beneficial owner’s) affiliates) to exceed the applicable ownership limit contained in the declaration of trust of the Company.

Appears in 1 contract

Sources: Fourth Supplemental Indenture (Prologis)

Ownership Limit. Notwithstanding any other provision of this Sixth Fifth Supplemental Indenture or the Notes, no Holder of Notes (or beneficial owner of Notes) shall be entitled to convert such Notes for Common Shares to the extent that receipt of such shares would cause such Holder (or beneficial owner of Notes) (together with such Holder’s (or beneficial owner’s) affiliates) to exceed the applicable ownership limit contained in the declaration of trust of the Company.

Appears in 1 contract

Sources: Fifth Supplemental Indenture (Prologis)