Adjustment to Gross Asset Value. (i) The General Partner shall provide the holders of Class B Units the opportunity but not the obligation to make Capital Contributions to the Partnership in exchange for OP Units in order to cause an adjustment to the Gross Asset Value of the Partnership’s assets within the meaning of paragraph (b)(i) of the definition of Gross Asset Value up to two (2) times each fiscal year including:
Appears in 34 contracts
Samples: Advisory Agreement, Registration Rights Agreement (American Realty Capital Hospitality Trust, Inc.), Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)
Adjustment to Gross Asset Value. (i) The General Partner shall provide the holders of Class B Units the opportunity but not the obligation to make Capital Contributions to the Partnership in exchange for OP Units in order to cause an adjustment to the Gross Asset Value of the Partnership’s assets within the meaning of paragraph (b)(i) of the definition of Gross Asset Value up to two (2) times each fiscal year Partnership Year including:
Appears in 5 contracts
Samples: Agreement (Phillips Edison & Company, Inc.), Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.), Contribution Agreement (Phillips Edison Grocery Center Reit I, Inc.)
Adjustment to Gross Asset Value. (i1) The General Partner shall provide the holders of Class B Units the opportunity but not the obligation to make Capital Contributions to the Partnership in exchange for Class A OP Units in order to cause an adjustment to the Gross Asset Value of the Partnership’s assets within the meaning of paragraph (b)(i) of the definition of Gross Asset Value up to two (2) times each fiscal year including:
Appears in 5 contracts
Samples: Agreement (Carter Validus Mission Critical REIT II, Inc.), NexPoint Hospitality Trust, Inc., Nexpoint Multifamily Realty Trust, Inc.
Adjustment to Gross Asset Value. (i) The General Partner shall provide the holders of Class B M Units the opportunity but not the obligation to make Capital Contributions to the Partnership in exchange for OP Units in order to cause an adjustment to the Gross Asset Value of the Partnership’s assets within the meaning of paragraph (b)(i) of the definition of Gross Asset Value up to two (2) times each fiscal year including:
Appears in 3 contracts
Samples: Inland Residential Properties Trust, Inc., Inland Residential Properties Trust, Inc., Inland Retail Properties Trust V, Inc.
Adjustment to Gross Asset Value. (i) The General Partner shall provide the holders of Class B M Units the opportunity but not the obligation to make Capital Contributions to the Partnership in exchange for OP Class A Units in order to cause an adjustment to the Gross Asset Value of the Partnership’s assets within the meaning of paragraph (b)(i) of the definition of Gross Asset Value up to two (2) times each fiscal year including:
Appears in 3 contracts
Samples: Agreement (Inland Residential Properties Trust, Inc.), Inland Residential Properties Trust, Inc., Inland Residential Properties Trust, Inc.
Adjustment to Gross Asset Value. (ivi) The General Partner shall provide the holders of Class B Units the opportunity but not the obligation to make Capital Contributions to the Partnership in exchange for OP Units in order to cause an adjustment to the Gross Asset Value of the Partnership’s assets within the meaning of paragraph (b)(i) of the definition of Gross Asset Value up to two (2) times each fiscal year including:
Appears in 2 contracts
Samples: Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), Phillips Edison Grocery Center Reit I, Inc.
Adjustment to Gross Asset Value. (i) The General Partner shall provide the holders of Class B C Units the opportunity but not the obligation to make Capital Contributions to the Partnership in exchange for OP Units in order to cause an adjustment to the Gross Asset Value of the Partnership’s assets within the meaning of paragraph (b)(i) of the definition of Gross Asset Value up to two (2) times each fiscal year Partnership Year including:
Appears in 1 contract
