Common use of Exchange Rights Agreement Clause in Contracts

Exchange Rights Agreement. The Limited Partners have been granted the right, but not the obligation, to exchange all or a portion of their OP Units for cash or at the option of the Company, for shares of REIT Stock on the terms and subject to the conditions and restrictions contained in those certain Exchange Rights Agreements among the Company and the particular Limited Partners (as amended from time to time, the "Exchange Rights Agreements").

Appears in 2 contracts

Samples: Limited Partnership Agreement (3100 Glendale Joint Venture), Limited Partnership Agreement (Meristar Hospitality Corp)

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Exchange Rights Agreement. The Limited Partners have been granted the right, but not the obligation, to exchange all or a portion of their OP Units for cash or at the option of the Company, for shares of REIT Stock Shares on the terms and subject to the conditions and restrictions contained in those that certain Exchange Rights Agreements Agreement among the Company General Partner and the particular Limited Partners (as amended from time to time, the "Exchange Rights Agreements"Agreement”)., the form of which is attached hereto as Exhibit D.

Appears in 1 contract

Samples: Limited Partnership Agreement (Ramco Gershenson Properties Trust)

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Exchange Rights Agreement. The Limited Partners have been granted the right, but not the obligation, to exchange all or a portion of their OP Units for cash or at the option of the Company, for shares of REIT Stock Shares on the terms and subject to the conditions and restrictions contained in those that certain Exchange Rights Agreements Agreement among the Company General Partner and the particular Limited Partners (as amended from time to time, the "Exchange Rights AgreementsAgreement")., the form of which is attached hereto as Exhibit C.

Appears in 1 contract

Samples: Master Agreement (RPS Realty Trust)

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