Common use of Cancellation of Units; Status of Reacquired Units Clause in Contracts

Cancellation of Units; Status of Reacquired Units. Upon the reacquisition in any manner by CCI of any shares of Series 2019 Preferred Stock, a like number of Series 2019 Preferred Units, automatically and without any further action by the holder of Series 2019 Preferred Units or the Partnership, shall be deemed cancelled. All Series 2019 Preferred Units that have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Limited Partnership Agreement (Cottonwood Communities, Inc.), Agreement and Plan of Merger (Cottonwood Communities, Inc.)

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Cancellation of Units; Status of Reacquired Units. Upon the reacquisition in any manner by CCI of any shares of Series 2019 2017 Preferred Stock, a like number of Series 2019 2017 Preferred Units, automatically and without any further action by the holder of Series 2019 2017 Preferred Units or the Partnership, shall be deemed cancelled. All Series 2019 2017 Preferred Units that have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Limited Partnership Agreement (Cottonwood Communities, Inc.), Agreement and Plan of Merger (Cottonwood Communities, Inc.)

Cancellation of Units; Status of Reacquired Units. Upon the reacquisition in any manner by CCI of any shares of Series 2019 2016 Preferred Stock, a like number of Series 2019 2016 Preferred Units, automatically and without any further action by the holder of Series 2019 2016 Preferred Units or the Partnership, shall be deemed cancelled. All Series 2019 2016 Preferred Units that have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.. Exhibit G

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Agreement and Plan of Merger (Cottonwood Communities, Inc.)

Cancellation of Units; Status of Reacquired Units. Upon the reacquisition in any manner by CCI of any shares of Series 2019 2016 Preferred Stock, a like number of Series 2019 2016 Preferred Units, automatically and without any further action by the holder of Series 2019 2016 Preferred Units or the Partnership, shall be deemed cancelled. All Series 2019 2016 Preferred Units that have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 1 contract

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.)

Cancellation of Units; Status of Reacquired Units. Upon the reacquisition in any manner by CCI of any shares of Series 2019 A Convertible Preferred Stock, a like number of Series 2019 A Convertible Preferred Units, automatically and without any further action by the holder of Series 2019 A Convertible Preferred Units or the Partnership, shall be deemed cancelled. All Series 2019 A Convertible Preferred Units that have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 1 contract

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.)

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Cancellation of Units; Status of Reacquired Units. Upon the reacquisition in any manner by CCI of any shares of Series 2019 2023 Preferred Stock, a like number of Series 2019 2023 Preferred Units, automatically and without any further action by the holder of Series 2019 2023 Preferred Units or the Partnership, shall be deemed cancelled. All Series 2019 2023 Preferred Units that have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 1 contract

Samples: Cottonwood Communities, Inc.

Cancellation of Units; Status of Reacquired Units. Upon the reacquisition in any manner by CCI of any shares of Series 2019 2023-A Preferred Stock, a like number of Series 2019 2023-A Preferred Units, automatically and without any further action by the holder of Series 2019 2023-A Preferred Units or the Partnership, shall be deemed cancelled. All Series 2019 2023-A Preferred Units that have been issued and reacquired in any manner by the Partnership shall be deemed cancelled.

Appears in 1 contract

Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.)

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