Conversion to OP Units. Unrestricted Class B Units are eligible to be converted into OP Units in accordance with Section 16.4 hereof.
Appears in 36 contracts
Samples: Advisory Agreement, Registration Rights Agreement (American Realty Capital Hospitality Trust, Inc.), Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)
Conversion to OP Units. Unrestricted Class B Units are eligible to be converted into OP Units in accordance with Section 16.4 hereof.
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.)
Conversion to OP Units. Unrestricted Class B Units are eligible to be converted into Class A OP Units in accordance with Section 16.4 hereof.
Appears in 5 contracts
Samples: Agreement (Carter Validus Mission Critical REIT II, Inc.), NexPoint Hospitality Trust, Inc., Nexpoint Multifamily Realty Trust, Inc.
Conversion to OP Units. Unrestricted Class B M Units are eligible to be converted into OP Units in accordance with Section 16.4 15.4 hereof.
Appears in 3 contracts
Samples: Inland Residential Properties Trust, Inc., Inland Residential Properties Trust, Inc., Inland Retail Properties Trust V, Inc.
Conversion to OP Units. Unrestricted Class B C Units are eligible to be converted into OP Units in accordance with Section 16.4 17.4 hereof.
Appears in 1 contract