Procedures of Redemption. (i) At any time that the General Partner exercises its right to redeem all or any of the Series A Preferred Shares, the General Partner shall exercise its right to cause the Partnership to redeem an equal number of Series A Preferred Partnership Units in the manner set forth herein. (ii) No Series A Preferred Partnership Units may be redeemed except from proceeds from the sale of capital stock of the General Partner, including but not limited to common stock, preferred stock, depositary shares, interests, participations or other ownership interests (however designated) and any rights (other than debt securities convertible into or exchangeable for equity securities) or options to purchase any of the foregoing. The proceeds of such sale of capital stock of the General Partner shall be contributed by the General Partner to the Partnership pursuant to the requirements of Section 4.2 of the Partnership Agreement.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Highwoods Properties Inc), First Amended and Restated Agreement of Limited Partnership (Highwoods Forsyth L P), First Amended and Restated Agreement of Limited Partnership (Highwoods Properties Inc)
Procedures of Redemption. (i) At any time that the General Partner exercises its right to redeem all or any of the Series A D Preferred Shares, the General Partner shall exercise its right to cause the Partnership to redeem an equal number of Series A D Preferred Partnership Units in the manner set forth herein.
(ii) No Series A D Preferred Partnership Units may be redeemed except from proceeds from the sale of capital stock of the General Partner, including but not limited to common stock, preferred stock, depositary shares, interests, participations or other ownership interests (however designated) and any rights (other than debt securities convertible into or exchangeable for equity securities) or options to purchase any of the foregoing. The proceeds of such sale of capital stock of the General Partner shall be contributed by the General Partner to the Partnership pursuant to the requirements of Section 4.2 of the Partnership Agreement.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Highwoods Properties Inc), First Amended and Restated Agreement of Limited Partnership (Highwoods Properties Inc), First Amended and Restated Agreement of Limited Partnership (Highwoods Forsyth L P)
Procedures of Redemption. (i) At any time that the General Partner exercises its right to redeem all or any of the Series A B Preferred Shares, the General Partner shall exercise its right to cause the Partnership to redeem an equal number of Series A B Preferred Partnership Units in the manner set forth herein.
(ii) No Series A B Preferred Partnership Units may be redeemed except from proceeds from the sale of capital stock of the General Partner, including but not limited to common stock, preferred stock, depositary shares, interests, participations or other ownership interests (however designated) and any rights (other than debt securities convertible into or exchangeable for equity securities) or options to purchase any of the foregoing. The proceeds of such sale of capital stock of the General Partner shall be contributed by the General Partner to the Partnership pursuant to the requirements of Section 4.2 of the Partnership Agreement.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Highwoods Properties Inc), Amendment to Limited Partnership Agreement (Highwoods Properties Inc)
Procedures of Redemption. (i) At any time that the General Partner exercises its right to redeem all or any of the Series A Preferred Shares, the General Partner shall exercise its right to cause the Partnership to redeem an equal number of Series A Preferred Partnership Units in the manner set forth herein.
(ii) No Series A Preferred Partnership Units may be redeemed except from proceeds from the sale of capital stock of the General Partner, including but not limited to common stock, preferred stock, depositary depository shares, interests, participations or other ownership interests (however designated) and any rights (other than debt securities convertible into or exchangeable for equity securities) or options to purchase any of the foregoing. The proceeds of such sale of capital stock of the General Partner shall be contributed by the General Partner to the Partnership pursuant to the requirements of Section 4.2 4.5 of the Partnership Agreement.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Chelsea Gca Realty Inc)
Procedures of Redemption. (i) At any time that the General Partner exercises its right to redeem all or any of the Series A Preferred Shares, the General Partner shall exercise its right to cause the Partnership to redeem an equal number of Series A Preferred Partnership Units in the manner set forth herein.
(ii) No Series A Preferred Partnership Units may be redeemed except from proceeds from the sale of capital stock of the General Partner, including but not limited to common stock, preferred stock, depositary shares, interests, participations or other ownership interests (however designated) and any rights (other than debt securities convertible into or the exchangeable for equity securities) or options to purchase any of the foregoing. The proceeds of such sale of capital stock of the General Partner shall be contributed by the General Partner to the Partnership pursuant to the requirements of Section 4.2 of the Partnership Agreement.
Appears in 1 contract
Samples: First Amended and Restated Agreement of Limited Partnership (Post Apartment Homes Lp)