Common use of Adjusted Consideration Clause in Contracts

Adjusted Consideration. The Operating Partnership reserves the right not to acquire any particular interest that constitutes part of the Partnership Interest, if in good faith the Operating Partnership determines that the ownership of such interest or the underlying Property would be inappropriate for the Operating Partnership for any reason whatsoever. Contributor hereby agrees that, in such event, the number of OP Units to be received by the Contributor pursuant to this Contribution Agreement may be reduced by an amount determined by Lawrxxxx X. Xxxxxxx, xx his sole discretion, to reflect the reduction in total value of the Partnership Interest ultimately contributed by the Contributor.

Adjusted Consideration. The Operating Partnership reserves the right not to acquire any particular interest that constitutes part of the Partnership Interest, if in good faith the Operating Partnership determines that the ownership of such interest or the underlying Property would be inappropriate for the Operating Partnership for any reason whatsoever. Contributor hereby agrees that, in such event, the number of OP Units to be received by the Contributor pursuant to this Contribution Agreement Contributor's Total Minimum Consideration may be reduced by an amount determined by Lawrxxxx Xxxxxxx X. XxxxxxxXxxxx, xx in his sole discretion, to reflect the reduction in total value of the Partnership Interest ultimately contributed by the Contributor.

Adjusted Consideration. The Operating Partnership reserves the right not to acquire any particular interest that constitutes part of the Partnership Interest, if in good faith the Operating Partnership determines that the ownership of such interest or the underlying Property would be inappropriate for the Operating Partnership for any reason whatsoever. Contributor hereby agrees that, in such event, the number of OP Units to be received by the Contributor pursuant to this Contribution Agreement may be reduced by an amount determined by to be agreed upon between the Operating Partnership and Lawrxxxx X. Xxxxxxx, Xxxxxxx xx his sole discretion, to reflect the reduction in total value of the Partnership Interest ultimately contributed by the Contributor.