Common use of REIT II Share Redemption Program Clause in Contracts

REIT II Share Redemption Program. From and after the REIT Merger Effective Time, REIT II shall take all such steps as may be required to cause the REIT II Share Redemption Program or any similar redemption program then in effect (as each may be amended from time to time) to provide for all purposes thereunder (including, without limitation, any holding period requirement or redemption price determination) that each share of REIT II Common Stock issued to REIT III stockholders in the Merger will be treated as having been outstanding from the date such stockholder acquired the corresponding share of REIT III Common Stock that was exchanged in the Merger.

REIT II Share Redemption Program. From and after the REIT Merger Effective Time, REIT II shall take all such steps as may be required to cause the REIT II Share Redemption Program or any similar redemption program then in effect (as each may be amended from time to time) to provide for all purposes thereunder (including, without limitation, any holding period requirement or redemption price determination) that each share of REIT II Common Stock issued to REIT III I stockholders in the Merger will be treated as having been outstanding from the date such stockholder acquired the corresponding share of REIT III I Common Stock that was exchanged exchange in the Merger.