Common use of Exchange of Group Partnership Units Clause in Contracts

Exchange of Group Partnership Units. (a) Subject to the provisions of the Group Partnership Agreements and the Issuer Partnership Agreement and to the provisions of Section 2.2 hereof, KKR Holdings or a KKR Holdings Affiliated Person shall be entitled on any General Quarterly Exchange Date, and KKR Holdings shall be entitled on any REU Quarterly Exchange Date, to surrender Group Partnership Units held by KKR Holdings or a KKR Holdings Affiliated Person as follows:

Exchange of Group Partnership Units. (a) Subject to the provisions of the Group Partnership Agreements and the Issuer Partnership Agreement and to the provisions of Section 2.2 hereof, KKR Holdings or a KKR Holdings Affiliated Person shall be entitled on any General Quarterly Exchange Date, and KKR Holdings shall be entitled on any REU Quarterly Exchange Date, Date to surrender Group Partnership Units held by KKR Holdings or a KKR Holdings Affiliated Person as follows:; provided that any such exchange is for a minimum of the lesser of [1,000] Group Partnership Units or all of the Group Partnership Units held by KKR Holdings.

Exchange of Group Partnership Units. (a) Subject to the provisions of the Group Partnership Agreements and the Issuer Partnership Agreement and to the provisions of Section 2.2 hereof, KKR Holdings or a KKR Holdings Affiliated Person shall be entitled on any General Quarterly Exchange Date, and KKR Holdings shall be entitled on any REU Quarterly Exchange Date, Date to surrender Group Partnership Units held by KKR Holdings or a KKR Holdings Affiliated Person as follows:; provided that any such exchange is for a minimum of the lesser of 1,000 Group Partnership Units or all of the Group Partnership Units held by KKR Holdings.