Common use of Classes of Partnership Units Clause in Contracts

Classes of Partnership Units. The General Partner is hereby authorized to cause the Partnership to issue OP Units designated as Class A OP Units and Class T OP Units. Each such Class of OP Units shall have the rights and obligations attributed to that Class under this Agreement.

Appears in 5 contracts

Samples: Steadfast Apartment REIT III, Inc., Steadfast Apartment REIT III, Inc., NexPoint Hospitality Trust, Inc.

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Classes of Partnership Units. The General Partner is hereby authorized to cause the Partnership to issue Class B Units and OP Units designated as Class A OP Units and Class T OP Units. Each such Class of OP Units shall have the rights and obligations attributed to that Class under this Agreement. The Class B Units shall have the same rights, privileges and preferences as the Class A OP Units, except as set forth in Article 16.

Appears in 3 contracts

Samples: Agreement (Carter Validus Mission Critical REIT II, Inc.), NexPoint Hospitality Trust, Inc., Nexpoint Multifamily Realty Trust, Inc.

Classes of Partnership Units. The General Partner is hereby authorized to cause the Partnership to issue OP Units designated as Class A OP Units, Class R OP Units and Class T OP Units. Each such Class of OP Units shall have the rights and obligations attributed to that Class under this Agreement.

Appears in 2 contracts

Samples: Agreement (Steadfast Apartment REIT III, Inc.), Agreement (Steadfast Apartment REIT III, Inc.)

Classes of Partnership Units. The General Partner is hereby authorized to cause the Partnership to issue OP Units designated as Class A OP Units, Class I OP Units, Class T2 OP Units and Class T OP Units. Each such Class of OP Units shall have the rights and obligations attributed to that Class under this Agreement.

Appears in 2 contracts

Samples: Sila Realty Trust, Inc., Carter Validus Mission Critical REIT II, Inc.

Classes of Partnership Units. The General Partner is hereby authorized to cause the Partnership to issue Class B Units and OP Units designated as Class A OP Units and Class T C OP Units. Each such Class of OP Units shall have the rights and obligations attributed to that Class under this Agreement. The Class B Units shall have the same rights, privileges and preferences as the Class A OP Units, except as set forth in Article 16.

Appears in 2 contracts

Samples: Carter Validus Mission Critical REIT II, Inc., Carter Validus Mission Critical REIT II, Inc.

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Classes of Partnership Units. The General Partner is hereby authorized to cause the Partnership to issue OP Units designated as Class A OP Units, Class B OP Units, Class K OP Units, Class K-I OP Units and Class K-T OP Units. Each such Class of OP Units shall have the rights and obligations attributed to that Class under this Agreement.

Appears in 1 contract

Samples: Procaccianti Hotel Reit, Inc.

Classes of Partnership Units. The General Partner is hereby authorized to cause the Partnership to issue OP Units designated as Class A OP Units, Class R OP Units, Class T OP Units and Class T A-2 OP Units. Each such Class of OP Units shall have the rights and obligations attributed to that Class under this Agreement.

Appears in 1 contract

Samples: Steadfast Apartment REIT, Inc.

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