Operating Partnership Interests. In addition, an Affiliate of NSAM and RXR Realty LLC has made a capital contribution of $1,000 to the Operating Partnership in exchange for Special OP Units. The Special OP Units shall be entitled to the distributions provided for, and shall be subject to redemption by the Operating Partnership, in accordance with the terms of the Operating Partnership Agreement.
Appears in 5 contracts
Samples: Advisory Agreement (NorthStar/RXR New York Metro Income, Inc.), Advisory Agreement (NorthStar/RXR New York Metro Income, Inc.), Advisory Agreement (NorthStar/RXR New York Metro Income, Inc.)
Operating Partnership Interests. In addition, an Affiliate of NSAM Colony NorthStar and RXR Realty LLC has made a capital contribution of $1,000 to the Operating Partnership in exchange for Special OP Units. The Special OP Units shall be entitled to the distributions provided for, and shall be subject to redemption by the Operating Partnership, in accordance with the terms of the Operating Partnership Agreement.
Appears in 1 contract
Samples: Advisory Agreement (NorthStar/RXR New York Metro Real Estate, Inc.)
