Common use of Procedures for Redemption Clause in Contracts

Procedures for Redemption. (i) Notice of redemption will be (A) faxed, and (B) mailed by the Partnership, by certified mail, postage prepaid, not less than 10 nor more than 60 days prior to the redemption date, addressed to the respective holders of record of the Series X Preferred Units at their respective addresses as they appear on the records of the Partnership. No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series X Preferred Units except as to the holder to whom such notice was defective or not given. In addition to any information required by law each such notice shall state: (m) the redemption date, (n) the Redemption Price, (o) the aggregate number of Series X Preferred Units to be redeemed, (p) as provided in Section 5(b)(ii) below, the place or places where evidence of the surrender of such Series X Preferred Units shall be delivered for payment of the Redemption Price, (q) that distributions on the Series X Preferred Units to be redeemed will cease to accumulate on such redemption date and (r) that payment of the Redemption Price will be made upon presentation of evidence of the surrender of such Series X Preferred Units as set forth in Section 5(b)(ii) below.

Appears in 1 contract

Samples: Ps Business Parks Inc/Ca

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Procedures for Redemption. (i) Notice of redemption will be (A) faxed, and (B) mailed by the Partnership, by certified mail, postage prepaid, not less than 10 nor more than 60 days prior to the redemption date, addressed to the respective holders of record of the Series X Y Preferred Units at their respective addresses as they appear on the records of the Partnership. No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series X Y Preferred Units except as to the holder to whom such notice was defective or not given. In addition to any information required by law each such notice shall state: (m) the redemption date, (n) the Redemption Price, (o) the aggregate number of Series X Y Preferred Units to be redeemed, (p) as provided in Section 5(b)(ii) below, the place or places where evidence of the surrender of such Series X Y Preferred Units shall be delivered for payment of the Redemption Price, (q) that distributions on the Series X Y Preferred Units to be redeemed will cease to accumulate on such redemption date and (r) that payment of the Redemption Price will be made upon presentation of evidence of the surrender of such Series X Y Preferred Units as set forth in Section 5(b)(ii) below.

Appears in 1 contract

Samples: Ps Business Parks Inc/Ca

Procedures for Redemption. (i) Notice of redemption will be he (A) faxed, and (B) mailed by the Partnership, by certified mail, postage prepaid, not less than 10 30 nor more than 60 days prior to the redemption date, addressed to the respective holders of record of the Series X C Preferred Units at their respective addresses as they appear on the records of the Partnership. No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series X C Preferred Units except as to the holder to whom such notice was defective or not given. In addition to any information required by law law, each such notice shall state: (m1) the redemption date, (n2) the Series C Redemption Price, (o3) the aggregate number of Series X C Preferred Units to be redeemed, (p4) as provided in Section 5(b)(ii) below, the place or places where evidence of the surrender of such Series X C Preferred Units shall are to be delivered surrendered for payment of the Series C Redemption Price, (q5) that distributions on the Series X C Preferred Units to be redeemed will cease to accumulate on such redemption date and (r6) that payment of the Series C Redemption Price will be made upon presentation of evidence of the and surrender of such Series X C Preferred Units as set forth in Section 5(b)(ii) belowUnits.

Appears in 1 contract

Samples: Jp Realty Inc

Procedures for Redemption. (i) Notice of redemption will be (A) faxed, and (B) mailed by the Partnership, by certified mail, postage prepaid, not less than 10 30 nor more than 60 days prior to the redemption date, addressed to the respective holders of record of the Series X N Preferred Units at their respective addresses as they appear on the records of the Partnership. No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series X N Preferred Units except as to the holder to whom such notice was defective or not given. In addition to any information required by law each such notice shall state: (m) the redemption date, (n) the Series N Redemption Price, (o) the aggregate number of Series X N Preferred Units to be redeemed, (p) as provided in Section 5(b)(ii) below, the place or places where evidence of the surrender of such Series X N Preferred Units shall be delivered for payment of the Series N Redemption Price, (q) that distributions on the Series X N Preferred Units to be redeemed will cease to accumulate on such redemption date and (r) that payment of the Series N Redemption Price will be made upon presentation of evidence of the surrender of such Series X N Preferred Units as set forth in Section 5(b)(ii) below.

Appears in 1 contract

Samples: Redemption Agreement (Ps Business Parks Inc/Ca)

Procedures for Redemption. (i) Notice of redemption will be (A) faxed, and (B) mailed by the Partnership, by certified mail, postage prepaid, not less than 10 30 nor more than 60 days prior to the redemption date, addressed to the respective holders of record of the Series X E Preferred Units at their respective addresses as they appear on the records of the Partnership. No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series X E Preferred Units except as to the holder to whom such notice was defective or not given. In addition to any information required by law each such notice shall state: (m) the redemption date, (n) the Redemption Price, (o) the aggregate number of Series X E Preferred Units to be redeemed, (p) as provided in Section 5(b)(ii) below, the place or places where evidence of the surrender of such Series X E Preferred Units shall be delivered for payment of the Redemption Price, (q) that distributions on the Series X E Preferred Units to be redeemed will cease to accumulate on such redemption date and (r) that payment of the Redemption Price will be made upon presentation of evidence of the surrender of such Series X E Preferred Units as set forth in Section 5(b)(ii) below.

Appears in 1 contract

Samples: Ps Business Parks Inc/Ca

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Procedures for Redemption. (i) Notice of redemption will be (A) faxed, and (B) mailed by the Partnership, by certified mail, postage prepaid, not less than 10 nor more than 60 days prior to the redemption date, addressed to the respective holders of record of the Series X B Preferred Units at their respective addresses as they appear on the records of the Partnership. No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series X B Preferred Units except as to the holder to whom such notice was defective or not given. In addition to any information required by law law, each such notice shall state: (m) the redemption date, (n) the Redemption Price, (o) the aggregate number of Series X B Preferred Units to be redeemed, (predeemed,(p) as provided in Section 5(b)(ii) below, the place or places where evidence of the surrender of such Series X B Preferred Units shall be delivered for payment of the Redemption Price, (q) that distributions on the Series X B Preferred Units to be redeemed will cease to accumulate on such redemption date and (r) that payment of the Redemption Price will be made upon presentation of evidence of the surrender of such Series X B Preferred Units as set forth in Section 5(b)(ii) below.

Appears in 1 contract

Samples: Ps Business Parks Inc/Ca

Procedures for Redemption. (i) Notice of redemption will be (A) faxed, and (B) mailed by the Partnership, by certified mail, postage prepaid, not less than 10 30 nor more than 60 days prior to the redemption date, addressed to the respective holders of record of the Series X C Preferred Units at their respective addresses as they appear on the records of the Partnership. No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series X C Preferred Units except as to the holder to whom such notice was defective or not given. In addition to any information required by law each such notice shall state: (m) the redemption date, (n) the Redemption Price, (o) the aggregate number of Series X C Preferred Units to be redeemed, (p) as provided in Section 5(b)(ii) below, the place or places where evidence of the surrender of such Series X C Preferred Units shall be delivered for payment of the Redemption Price, (q) that distributions on the Series X C Preferred Units to be redeemed will cease to accumulate on such redemption date and (r) that payment of the Redemption Price will be made upon presentation of evidence of the surrender of such Series X C Preferred Units as set forth in Section 5(b)(ii) below.

Appears in 1 contract

Samples: Ps Business Parks Inc/Ca

Procedures for Redemption. (i) Notice of redemption will be (A) faxed, and (B) mailed by the Partnership, by certified mail, postage prepaid, not less than 10 30 nor more than 60 days prior to the redemption date, addressed to the respective holders of record of the Series X G Preferred Units at their respective addresses as they appear on the records of the Partnership. No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series X G Preferred Units except as to the holder to whom such notice was defective or not given. In addition to any information required by law each such notice shall state: (m) the redemption date, (n) the Series G Redemption Price, (o) the aggregate number of Series X G Preferred Units to be redeemed, (p) as provided in Section 5(b)(ii) below, the place or places where evidence of the surrender of such Series X G Preferred Units shall be delivered for payment of the Series G Redemption Price, (q) that distributions on the Series X G Preferred Units to be redeemed will cease to accumulate on such redemption date and (r) that payment of the Series G Redemption Price will be made upon presentation of evidence of the surrender of such Series X G Preferred Units as set forth in Section 5(b)(ii) below.

Appears in 1 contract

Samples: Redemption Agreement (Ps Business Parks Inc/Ca)

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