Delivery of Exchange Notice. In order for the Exchange Right to be validly exercised, a Holder shall deliver to LTC, at the address and in the manner specified in Section 7.1 hereof and during an Exchange Notice Period, a duly completed and duly executed notice of exchange in the form attached hereto as Exhibit A (the "Exchange Notice"), and all documents, if any, required by the Exchange Notice. Any and all determinations as to whether any tender of Units complies with the terms and conditions of this Agreement shall be made by LTC, and upon rejection of any tender of Units LTC shall give the Exchanging Holder notice of such rejection, which notice shall include the reason(s) therefor.
Appears in 8 contracts
Samples: Limited Partnership Agreement (LTC Properties Inc), Amendment to Agreement of Limited Partnership (LTC Properties Inc), Agreement of Limited Partnership (LTC Properties Inc)
