Common use of Forced Conversion Clause in Contracts

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.6; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 7 contracts

Samples: Agreement (Pillarstone Capital Reit), Agreement (Whitestone REIT), MedEquities Realty Trust, Inc.

AutoNDA by SimpleDocs

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A OP Units, giving effect to all adjustments (if any) made pursuant to Section 4.613.01 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 13.02(b) hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement D to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the LTIP Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.118.01 hereof.

Appears in 4 contracts

Samples: Original Agreement (Global Net Lease, Inc.), Recitals (American Realty Capital Trust V, Inc.), New York REIT, Inc.

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.64.6 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 4.7.B hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 hereof.

Appears in 4 contracts

Samples: www.sec.gov, American Homes 4 Rent, RLJ Lodging Trust

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G Attachment B to this Agreement Exhibit E to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.01 of the Agreement.

Appears in 4 contracts

Samples: Fourth (Gramercy Property Trust Inc.), Gramercy Property Trust Inc., Gramercy Capital Corp

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested 2006 LTIP Units held by an a holder of 2006 LTIP Unitholder Units to be converted (a "Forced Conversion") into an equal number of Class A Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any 2006 LTIP Units that would not at the time be eligible for conversion at the option of such 2006 LTIP Unitholder pursuant to Section 4.7.B. paragraph (b) above. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a "Forced Conversion Notice") in the form attached as Exhibit G EXHIBIT B to this Agreement Supplement to the applicable LTIP Unitholder Holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 of the Partnership Agreement.

Appears in 2 contracts

Samples: Reckson Operating Partnership Lp, Reckson Associates Realty Corp

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.6; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G F to this Agreement to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 2 contracts

Samples: Agreement (Broad Street Realty, Inc.), Freehold Properties, Inc.

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G Attachment B to this Agreement Exhibit T to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.113.1 of the Partnership Agreement.

Appears in 2 contracts

Samples: Essex Property Trust Inc, Essex Portfolio Lp

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.6; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G F to this Agreement to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 2 contracts

Samples: Steadfast Apartment REIT, Inc., Steadfast Apartment REIT, Inc.

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a Holder of LTIP Unitholder Units to be converted (a "Forced Conversion") into an equal number of Class A Partnership Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64.2(b); provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. paragraph (b) above. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a "Forced Conversion Notice") in the form attached as Exhibit G to this Agreement F to the applicable LTIP Unitholder Holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 2 contracts

Samples: Northstar Realty, Northstar Realty

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a Holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Partnership Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64.2(b); provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. paragraph (b) above. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement D to the applicable LTIP Unitholder Holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 2 contracts

Samples: NorthStar Realty Europe Corp., NorthStar Realty Europe Corp.

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A OP Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G Attachment B to this Agreement Exhibit E to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 of the Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Clipper Realty Inc.), www.sec.gov

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A OP Units, giving effect to all adjustments (if any) made pursuant to Section 4.616.01 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 16.02(b) hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement E to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the LTIP Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.117.01 hereof.

Appears in 1 contract

Samples: And (American Realty Capital Properties, Inc.)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a Holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Partnership Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64.2(b); provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. paragraph (b) above. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement ExhibitEXHIBIT E to the applicable LTIP Unitholder Holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 1 contract

Samples: NorthStar Asset Management Group Inc.

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Common Partnership Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G Attachment B to this Agreement Exhibit E to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.15.1 of the Agreement. E.

Appears in 1 contract

Samples: Vesting Agreement (JBG SMITH Properties)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Common Partnership Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G Attachment B to this Agreement Exhibit E to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 of the Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (JBG SMITH Properties)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A OP Units, giving effect to all adjustments (if any) made pursuant to Section 4.613.01 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 13.02(b) hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement E to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the LTIP Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.18.01 hereof. (d)

Appears in 1 contract

Samples: American Realty Capital Properties, Inc.

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A OP Units, giving effect to all adjustments (if any) made pursuant to Section 4.613.01 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 13.02(b) hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement E to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.112.01 hereof.

Appears in 1 contract

Samples: And Restated Agreement (American Realty Capital Trust, Inc.)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.613.01 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 13.02(b) hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement D to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the LTIP Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.14.01 hereof. 84

Appears in 1 contract

Samples: American Finance Trust, Inc

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G Attachment B to this Agreement Exhibit F to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 of the Agreement.

Appears in 1 contract

Samples: Sl Green Realty Corp

AutoNDA by SimpleDocs

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G Attachment B to this Agreement Exhibit AH to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 of the Agreement.

Appears in 1 contract

Samples: Vornado Realty Lp

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.6; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 1 contract

Samples: Agreement (Education Realty Operating Partnership L P)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.64.6 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 4.7B hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 hereof.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Great Ajax Corp.)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A OP Units, giving effect to all adjustments (if any) made pursuant to Section 4.613.01 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 13.02(b) hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement E to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the LTIP Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.118.01 hereof.

Appears in 1 contract

Samples: Agreement (American Realty Capital Properties, Inc.)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.613.01 hereof; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 13.02(b) hereof. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement D to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the LTIP Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.114.01 hereof.

Appears in 1 contract

Samples: Agreement (New York City REIT, Inc.)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a "Forced Conversion") into an equal number of Class A Partnership Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a "Forced Conversion Notice") in the form attached as Exhibit G to this Agreement Attachment B hereto to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.2 of the Agreement.

Appears in 1 contract

Samples: Douglas Emmett Inc

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Attachment B to this Exhibit G to this Agreement to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 of the Agreement.

Appears in 1 contract

Samples: Sl Green Realty Corp

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a "Forced Conversion") into an equal number of Class A Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. paragraph (b) above. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a "Forced Conversion Notice") in the form attached as Exhibit G B to this Agreement Supplement to the applicable LTIP Unitholder Holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 of the Partnership Agreement.

Appears in 1 contract

Samples: Reckson Operating Partnership Lp

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause a Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of the holder of such LTIP Unitholder Units pursuant to Section 4.7.B. 7.B above. In order to exercise its right of to cause a Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G Attachment B to this Agreement Exhibit D to the applicable LTIP Unitholder holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.113.1 of the Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Peakstone Realty Trust)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested 2005 LTIP Units held by an a holder of 2005 LTIP Unitholder Units to be converted (a "Forced Conversion") into an equal number of Class A Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64; provided, however, that the Partnership may not cause Forced Conversion of any 2005 LTIP Units that would not at the time be eligible for conversion at the option of such 2005 LTIP Unitholder pursuant to Section 4.7.B. paragraph (b) above. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a "Forced Conversion Notice") in the form attached as Exhibit G EXHIBIT B to this Agreement Supplement to the applicable LTIP Unitholder Holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.115.1 of the Partnership Agreement.

Appears in 1 contract

Samples: Reckson Associates Realty Corp

Forced Conversion. The PartnershipGeneral Partner, at any time at the election on behalf of the General PartnerPartnership, may cause any number of Vested Eligible LTIP Units held by an LTIP Unitholder to be converted (a “Forced Conversion”) into an equal number of Class A C Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.6; provided, however, that the Partnership General Partner, on behalf of the Partnership, may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. 4.7(b). In order to exercise its right of Forced Conversion, the Partnership General Partner on behalf of the Partnership, shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement to the applicable LTIP Unitholder not less than ten nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 1 contract

Samples: Limited Partnership Agreement (Vinebrook Homes Trust, Inc.)

Forced Conversion. The Partnership, at any time at the election of the General Partner, may cause any number of Vested LTIP Units held by an a Holder of LTIP Unitholder Units to be converted (a “Forced Conversion”) into an equal number of Class A Partnership Common Units, giving effect to all adjustments (if any) made pursuant to Section 4.64.2(b); provided, however, that the Partnership may not cause Forced Conversion of any LTIP Units that would not at the time be eligible for conversion at the option of such LTIP Unitholder pursuant to Section 4.7.B. paragraph (b) above. In order to exercise its right of Forced Conversion, the Partnership shall deliver a notice (a “Forced Conversion Notice”) in the form attached as Exhibit G to this Agreement E to the applicable LTIP Unitholder Holder not less than ten 10 nor more than 60 days prior to the Conversion Date specified in such Forced Conversion Notice. A Forced Conversion Notice shall be provided in the manner provided in Section 15.1.

Appears in 1 contract

Samples: Northstar Realty Finance Corp.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!