Common use of Procedures of Redemption Clause in Contracts

Procedures of Redemption. (1) Notice of redemption will be mailed by the Partnership to the holder of the Series D Preferred Partnership Units to be redeemed not less than 30 days nor more than 60 days prior to the Redemption Date at the address set forth in the Partnership's records. Any notice mailed in the manner provided herein shall be conclusively presumed to have been given on the date mailed whether or not the holder received the notice. In addition to any information required by law, such notice shall state: (a) the Redemption Date; (b) the Redemption Price; and (c) that distributions on the units to be redeemed will cease to accumulate on the Redemption Date.

Procedures of Redemption. (1) Notice of redemption will be mailed by the Partnership to the holder of the Series D C Preferred Partnership Units to be redeemed not less than 30 5 days nor more than 60 30 days prior to the Redemption Date at the address set forth in the Partnership's records. Any notice mailed in the manner provided herein shall be conclusively presumed to have been given on the date mailed whether or not the holder received the notice. In addition to any information required by law, such notice shall state: (a) the Redemption Date; (b) the Redemption Price; and (c) that distributions on the units to be redeemed will cease to accumulate on the Redemption Date.