Common use of Exchange Rights Agreements Clause in Contracts

Exchange Rights Agreements. (a) The Limited Partners will be granted the right, but not the obligation, to exchange all or a portion of their Partnership Units for cash or, at the option of the Partnership, for shares of Common Stock on such terms and subject to such conditions and restrictions as will be contained in one or more exchange rights agreements among the General Partner, the Partnership and one or more Limited Partners (as amended from time to time, the “Exchange Rights Agreements”). The form of each Exchange Rights Agreement governing the exchange of Partnership Units shall hereafter be provided by the General Partner. (b) The Limited Partners and all successors, assignees and transferees (whether by operation of law, including by merger or consolidation, dissolution or liquidation of an entity that is a Limited Partner, or otherwise) shall be bound by the provisions of the Exchange Rights Agreement to which they are parties.

Exchange Rights Agreements. (a) The Limited Partners will be have been granted the right, but not the obligation, to exchange all or a portion of their Partnership Units for cash or, at the option of the PartnershipGeneral Partner, for shares of Common REIT Stock on such the terms and subject to such the conditions and restrictions as will be contained in one or more exchange rights agreements among certain Exchange Rights Agreements between the General Partner, Partners and the Partnership and one or more Limited Partners (as amended from time to time, the “Exchange Rights Agreements”). The form of each Exchange Rights Agreement governing the exchange of Partnership Units shall hereafter be provided substantially in the form attached hereto as Exhibit C, with such changes as may be agreed to by the General Partner. (b) The Limited Partners and all successors, assignees and transferees (whether by operation of law, including by merger or consolidation, dissolution or liquidation of an entity that is a Limited Partner, or otherwise) shall be bound by the provisions of the Exchange Rights Agreement to which they are parties.

Exchange Rights Agreements. (a) The Limited Partners will be have been granted the right, but not the obligation, to exchange all or a portion of their Partnership Units for cash or, at the option of the PartnershipGeneral Partner, for shares of Common REIT Stock on such the terms and subject to such the conditions and restrictions as will be contained in one or more exchange rights agreements among certain Exchange Rights Agreements between the General Partner, Partners and the Partnership and one or more Limited Partners (as amended from time to time, the ““ Exchange Rights Agreements”). The form of each Exchange Rights Agreement governing the exchange of Partnership Units shall hereafter be provided substantially in the form attached hereto as Exhibit C, with such changes as may be agreed to by the General Partner. (b) The Limited Partners and all successors, assignees and transferees (whether by operation of law, including by merger or consolidation, dissolution or liquidation of an entity that is a Limited Partner, or otherwise) shall be bound by the provisions of the Exchange Rights Agreement to which they are parties.

Exchange Rights Agreements. (a) The Limited Partners will be granted the right, but not the obligation, to exchange all or a portion of their Partnership Units for cash or, at the option of the Partnership, for shares of Class A Common Stock on such terms and subject to such conditions and restrictions as will be contained in one or more exchange rights agreements among the General Partner, the Partnership and one or more Limited Partners (as amended from time to time, the “Exchange Rights Agreements”). The form of each Exchange Rights Agreement governing the exchange of Partnership Units shall hereafter be provided by the General Partner. (b) The Limited Partners and all successors, assignees and transferees (whether by operation of law, including by merger or consolidation, dissolution or liquidation of an entity that is a Limited Partner, or otherwise) shall be bound by the provisions of the Exchange Rights Agreement to which they are parties.