Common use of Additional Consent Rights Clause in Contracts

Additional Consent Rights. So long as any Series 1 CPOP Units remain outstanding, the Consent of the Series 1 CPOP Limited Partners will be required to amend, alter or repeal the provisions of this Article 20, so as to materially and adversely affect any right, preference or privilege of the Series 1 CPOP Units; provided, however, that, nothing in this Section 20.7.B shall require the Consent of the Series 1 CPOP Limited Partners in connection with the exercise of the Partnership Series 1 CPOP Partnership Conversion Right described in Section 20.6.C or otherwise in connection with any Termination Transaction.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Rexford Industrial Realty, Inc.), Agreement of Limited Partnership (Rexford Industrial Realty, Inc.), Limited Partnership Agreement (Rexford Industrial Realty, Inc.)

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Additional Consent Rights. So long as any Series 1 2 CPOP Units remain outstanding, the Consent of the Series 1 2 CPOP Limited Partners will be required to amend, alter or repeal the provisions of this Article 2022, so as to materially and adversely affect any right, preference or privilege of the Series 1 2 CPOP Units; provided, however, that, nothing in this Section 20.7.B 22.7.B shall require the Consent of the Series 1 2 CPOP Limited Partners in connection with the exercise of the Partnership Series 1 2 CPOP Partnership Conversion Right described in Section 20.6.C 22.6.C or otherwise in connection with any Termination Transaction.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Rexford Industrial Realty, Inc.), Agreement of Limited Partnership (Rexford Industrial Realty, Inc.)

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