RRA Deemed Shares

Example Definitions of "RRA Deemed Shares"
RRA Deemed Shares. Means, as of any date, (i) the Class A Shares owned by Ladder Investors as of such date and (ii) the Class A Shares that would be issued upon the exchange by Ladder Investors of all LP Units and Class B Shares owned by Ladder Investors as of such date.
Found in Ladder Capital Corp contract
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