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: Limited Partnership Agreement (Pillarstone Capital Reit), Limited Partnership Agreement (Whitestone REIT), Limited Partnership Agreement (MedEquities Realty 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 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: Agreement of Limited Partnership (Gramercy Property Trust Inc.), Limited Partnership Agreement (Gramercy Property Trust Inc.), Limited Partnership Agreement (Gramercy Capital 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 4.64.6 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: Limited Partnership Agreement, Limited Partnership Agreement (American Homes 4 Rent), Limited Partnership Agreement (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 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: Limited Partnership Agreement (Global Net Lease, Inc.), Limited Partnership Agreement (American Realty Capital Trust V, Inc.), Limited Partnership Agreement (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 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: Limited Partnership Agreement (Northstar Realty), Limited Partnership Agreement (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 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 2 contracts
Samples: Limited Partnership Agreement (JBG SMITH Properties), 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 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: Supplement to the Amended and Restated Agreement of Limited Partnership (Reckson Operating Partnership Lp), Supplement to the Amended and Restated Agreement of Limited Partnership (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 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: Agreement of Limited Partnership (Steadfast Apartment REIT, Inc.), Agreement of Limited Partnership (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 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, Limited Partnership Agreement (Clipper Realty 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 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 2 contracts
Samples: Limited Partnership Agreement (American Realty Capital Properties, Inc.), Limited Partnership 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 2 contracts
Samples: Limited Partnership Agreement (New York City REIT, Inc.), Limited Partnership Agreement (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 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: Limited Partnership Agreement (Freehold Properties, Inc.), Limited Partnership Agreement (Broad Street Realty, 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: Limited Partnership Agreement (Essex Property Trust Inc), Agreement of Limited Partnership (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 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: Limited Partnership Agreement (NorthStar Realty Europe Corp.), Agreement of Limited Partnership (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 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
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: Limited Partnership 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
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: Limited Partnership 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 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
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
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: Limited Partnership Agreement (Northstar Realty Finance 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 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: Limited Partnership 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 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
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
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 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: Second Amended and Restated Agreement of Limited Partnership (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 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: Limited Partnership Agreement (NorthStar Asset Management Group Inc.)