Common use of Exceptions to Exercise of Redemption Right Clause in Contracts

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration of Trust or (ii) would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 8 contracts

Samples: Limited Partnership Agreement (LaSalle Hotel Properties), Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Eldertrust)

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Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A 8.06.A and 8.6.B8.06.B above, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A 8.06.A above if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration Articles of Trust Incorporation or (ii) as long as the Shares are Publicly Traded, would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 6 contracts

Samples: Agreement of Limited Partnership (Gramercy Property Trust Inc.), Limited Partnership Agreement (Gramercy Property Trust Inc.), Limited Partnership Agreement (Gramercy Capital Corp)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date would be (i) would be prohibited under the restrictions on the ownership or transfer of Shares in the Declaration of Trust (or, if the General Partner is not the General Partner Entity, the organizational documents of the General Partner Entity) or (ii) would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner Entity would in fact assume and satisfy the Redemption Right).

Appears in 6 contracts

Samples: Limited Partnership Agreement (Kite Realty Group Trust), Limited Partnership Agreement (Republic Property Trust), Limited Partnership Agreement (U-Store-It Trust)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B8.6.B above, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A above if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration of Trust Trust, or (ii) as long as the Shares are Publicly Traded, would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether assuming the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 5 contracts

Samples: Limited Partnership Agreement (Vornado Realty Trust), Limited Partnership Agreement (Vornado Realty Trust), Limited Partnership Agreement (Vornado Realty Trust)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B8.6.B above, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A above if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration Articles of Trust Incorporation or (ii) as long as the Shares are Publicly Traded, would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 4 contracts

Samples: Limited Partnership Agreement (Sl Green Realty Corp), Agreement of Limited Partnership (Sl Green Realty Corp), Agreement of Limited Partnership (Sl Green Realty Corp)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A 8.06.A and 8.6.B8.06.B above, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A 8.06.A above if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration of Trust or (ii) if the Shares are Publicly Traded, would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 4 contracts

Samples: Limited Partnership Agreement (Cb Richard Ellis Realty Trust), Limited Partnership Agreement (Cb Richard Ellis Realty Trust), Limited Partnership Agreement (Cb Richard Ellis Realty Trust)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration of Trust or (ii) would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the Managing General Partner would in fact assume and satisfy the Redemption Right).

Appears in 3 contracts

Samples: Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Equity Office Properties Trust), Limited Partnership Agreement (Equity Office Properties Trust)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A if (but only as long as) the delivery of REIT Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration of Trust Articles or (ii) would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 2 contracts

Samples: Limited Partnership Agreement (National Health Realty Inc), Limited Partnership Agreement (National Health Realty Inc)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections Section 8.6.A and Section 8.6.B, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A if (but only as long as) to the extent that the delivery of Shares to such Partner on the Specified Redemption Date by the General Partner pursuant to Section 8.6.B (i) would be prohibited under the Declaration of Trust or (ii) would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether or not the General Partner would in fact assume and satisfy the Redemption Right).exercise its rights under Section

Appears in 2 contracts

Samples: Limited Partnership Agreement (Urban Edge Properties), Limited Partnership Agreement (Urban Edge Properties)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B8.6.B above, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A above if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration of Trust General Partner Certificate, or (ii) as long as the Shares are Publicly Traded, would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether assuming the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 2 contracts

Samples: Limited Partnership Agreement (Vornado Operating Inc), Limited Partnership Agreement (Vornado Operating Co)

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Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B8.6.B above, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A above if (but only as so long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration Articles of Trust Incorporation or (ii) as long as the Shares are Publicly Traded, would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Camden Property Trust), Agreement of Limited Partnership (Camden Property Trust)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A if (but only as long as) the delivery of REIT Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration Articles of Trust Incorporation or (ii) would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right)regulations.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Carramerica Realty Corp), Limited Partnership Agreement (Carramerica Realty Corp)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A and 8.6.B, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A if (but only as long as) the delivery of REIT Shares to such Partner on the Specified Redemption Date (i) would would, based upon the advice of outside counsel, be prohibited under the Declaration of Trust Articles or (ii) would would, based upon the advice of outside counsel, be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 1 contract

Samples: Limited Partnership Agreement (Burnham Pacific Properties Inc)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A 8.06.A and 8.6.B8.06.B above, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A 8.06.A above if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration of Trust or (ii) as long as the Shares are Publicly Traded, would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 1 contract

Samples: Limited Partnership Agreement (Gramercy Property Trust)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A 8.06.A and 8.6.B8.06.B above, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A 8.06.A above if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration Certificate of Trust Incorporation or (ii) as long as the Shares are Publicly Traded, would be prohibited under applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner LSAC would in fact assume and satisfy the Redemption Right).

Appears in 1 contract

Samples: Limited Partnership Agreement (Lexington Strategic Asset Corp)

Exceptions to Exercise of Redemption Right. Notwithstanding the provisions of Sections 8.6.A 8.5.A and 8.6.B8.5.B, a Partner shall not be entitled to exercise the Redemption Right pursuant to Section 8.6.A 8.5.A if (but only as long as) the delivery of Shares to such Partner on the Specified Redemption Date (i) would be prohibited under the Declaration of Trust or (ii) would be prohibited under violate applicable federal or state securities laws or regulations (in each case regardless of whether the General Partner would in fact assume and satisfy the Redemption Right).

Appears in 1 contract

Samples: Agreement of Limited Partnership (Presidio Golf Trust)

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