Common use of The Lock-Up Clause in Contracts

The Lock-Up. Each Owner hereby agrees that without the prior written consent of the REIT, he will not, directly or indirectly, sell, offer or contract to sell, grant any option for the sale of, seek redemption of or otherwise dispose of or transfer (collectively, "dispose of"), any Partnership Units received hereby except as set forth at Schedule E hereof.

Appears in 1 contract

Sources: Exchange Option Agreement (Fac Realty Trust Inc)

The Lock-Up. Each Owner hereby agrees that without the prior written consent of the REIT, he will not, directly or indirectly, sell, offer or contract to sell, grant any option for the sale of, seek redemption of or otherwise dispose of or transfer (collectively, "dispose of"), any Partnership Units received hereby except as set forth at Schedule SCHEDULE E hereof.

Appears in 1 contract

Sources: Exchange Option Agreement (Fac Realty Trust Inc)

The Lock-Up. Each Owner The Owners hereby agrees agree that without the prior written consent of the REIT, he they will not, directly or indirectly, sell, offer or contract to sell, grant any option for the sale of, seek redemption of or otherwise dispose of or transfer (collectively, "dispose of"), any Partnership Units received hereby except as set forth at Schedule E SCHEDULE G hereof.

Appears in 1 contract

Sources: Exchange Option Agreement (Boddie Noell Properties Inc)