Common use of Limited Partners Rights to Transfer Clause in Contracts

Limited Partners Rights to Transfer. Subject to the terms of the relevant Vesting Agreement or other document pursuant to which LTIP Units are granted and except in connection with the exercise of its right of redemption pursuant to Section 1.11 of this Schedule I, a Holder of LTIP Units may not transfer all or any portion of his or her LTIP Units, except, in the case of Vested LTIP Units, to the extent, and subject to the same restrictions, that a Holder of Partnership Common Units is entitled to transfer Partnership Common Units pursuant to Section 11.3 of the Partnership Agreement.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Invitation Homes Inc.), Limited Partnership Agreement (Invitation Homes Inc.), Limited Partnership Agreement (Brixmor Property Group Inc.)

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Limited Partners Rights to Transfer. Subject to the remaining provisions of this Schedule I and the terms of the relevant Vesting Award Agreement or other document pursuant to which LTIP Units are granted and except in connection with the exercise of its right of redemption exchange rights pursuant to Section 1.11 of this Schedule I, a Holder holder of LTIP Units may not transfer all or any portion of his or her such holder’s LTIP Units, except, in the case of Vested LTIP Units, to the extent, and subject to the same restrictions, that a Holder holder of Partnership Common Class A Units is entitled to transfer Partnership Common Class A Units pursuant to Section 11.3 8.03 of the Partnership Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (PJT Partners Inc.), Limited Partnership Agreement (PJT Partners Inc.)

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Limited Partners Rights to Transfer. Subject to the terms of the relevant Vesting Award Agreement or other document pursuant to which LTIP Units are granted and except in connection with the exercise of its right of redemption exchange rights pursuant to Section 1.11 of this Schedule I, a Holder holder of LTIP Units may not transfer all or any portion of his or her such holder’s LTIP Units, except, in the case of Vested LTIP Units, to the extent, and subject to the same restrictions, that a Holder holder of Partnership Common Class A Units is entitled to transfer Partnership Common Class A Units pursuant to Section 11.3 8.03 of the Partnership Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (PJT Partners Inc.), Limited Partnership Agreement (PJT Partners Inc.)

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