Effectiveness of Award Contract Clauses (25)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Effectiveness of Award clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Effectiveness of Award. The Grantee shall be admitted as a partner of the Partnership with beneficial ownership of the Award LTIP Units as of the Grant Effective Date by (i) signing and delivering to the Partnership a copy of this Agreement, (ii) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A) and (iii) making a Capital Contribution (as defined in the partnership Agreement) in cash in the amount of $0.01 per Award ...LTIP Unit to the Partnership (the "Per Unit Contribution"). Upon execution of this Agreement by the Grantee, the Partnership and the Company, the books and records of the Partnership maintained by the General Partner shall reflect the issuance to the Grantee of the Award LTIP Units. Thereupon, the Grantee shall have all the rights of a Limited Partner of the Partnership with respect to a number of LTIP Units equal to the Award LTIP Units, subject, however, to the restrictions and conditions specified in Section 2 below and elsewhere herein. The LTIP Units are uncertificated securities of the Partnership and upon the Grantee's request the General partner shall confirm the number of LTIP Units issued to the Grantee. View More Arrow
Found in Prologis contract
Effectiveness of Award. The Grantee Participant shall be admitted as a partner of the Partnership with beneficial ownership of the Award LTIP Units as of the Grant Effective Date by (i) signing and delivering to the Partnership a copy of this Agreement, Agreement and (ii) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership LP Agreement (attached hereto as Exhibit A) and (iii) making a Capital Contribution (as defined in the partnership Agreement) in cash in t...he amount of $0.01 per Award LTIP Unit to the Partnership (the "Per Unit Contribution"). A). Upon execution of this Agreement by the Grantee, Participant, the Partnership and the Company, the books and records of the Partnership maintained by the General Partner shall reflect the issuance to the Grantee Participant of the Award LTIP Units. Thereupon, the Grantee Participant shall have all the rights of a Limited Partner of the Partnership with respect to a number of LTIP Units equal to the Award LTIP Units, as set forth in the LP Agreement, subject, however, to the restrictions and conditions specified in Section 2 below and elsewhere herein. below. The LTIP Units are uncertificated securities of the Partnership and upon the Grantee's request Participant's request, the General partner Partner shall confirm the number of LTIP Units issued to the Grantee. Participant. View More Arrow
Found in DUKE REALTY LIMITED PARTNERSHIP contract
Effectiveness of Award. The Grantee shall be admitted as a partner of the Partnership with beneficial ownership of the Award LTIP Units as of the Grant Effective Date by (i) signing and delivering to the Partnership a copy of this Agreement, (ii) if not previously admitted as a Limited Partner (as defined in the LP Agreement), signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership LP Agreement (attached hereto as Exhibit A) and (iii) making delivering all other ...documentation required to be delivered upon admittance of a Capital Contribution (as defined Limited Partner to the Partnership, as set forth in the partnership Agreement) in cash in the amount of $0.01 per Award LTIP Unit LP Agreement and (iii) payment to the Partnership (the "Per of the price for each LTIP Unit Contribution"). granted hereby (in the aggregate, the "Price"). Upon execution of this Agreement by the Grantee, the Partnership, GP and theCompany and payment to the Partnership and the Company, the books and records by Grantee of the Partnership maintained by Price, the General Partner LP Agreement shall be amended to reflect the issuance to the Grantee of the Award LTIP Units. Thereupon, the Grantee shall have all the rights of a Limited Partner of the Partnership with respect to a number of LTIP Units equal to the Award LTIP Units, as set forth in the LP Agreement, subject, however, to the restrictions and conditions specified in Section 2 below and elsewhere herein. The LTIP Units are uncertificated securities of the Partnership and upon the Grantee's request the General partner shall confirm the number of LTIP Units issued to the Grantee. this Agreement. View More Arrow
Found in ASHFORD HOSPITALITY TRUST INC contract
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Effectiveness of Award. The Grantee shall be admitted as a partner of the Partnership with beneficial ownership of the LTIP Units that have vested pursuant to Exhibit A and Section 2 of this Agreement on such date and the Grantee shall have all the rights of a Limited Partner of the Partnership with respect to such LTIP Units, as set forth in the LP Agreement.
Found in Phillips Edison & Company, Inc. contract
Effectiveness of Award. The As of the Grant Date, the Grantee shall be admitted as a partner of the Partnership with beneficial ownership of the LTIP Units that have vested pursuant to Exhibit A and Section 2 of this Agreement on such date and the Grantee shall have all the rights of a Limited Partner of the Partnership with respect to such LTIP Units, as set forth in the LP Agreement.
Found in Phillips Edison & Company, Inc. contract
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