Common use of Purchase of the Class A Preferred Units and Class B Units Clause in Contracts

Purchase of the Class A Preferred Units and Class B Units. (a) Each holder of Class A Preferred Units shall, from and after the date that is the five years after the Closing Date, have the right, by delivering written notice to the Partnership, to require the Partnership to purchase all, but not less than all of its Class A Preferred Units for an amount in cash equal to $12.25 per Class A Preferred Unit, plus an amount equal to the accrued and unpaid distributions on such Class A Preferred Units for all fiscal quarters ending on or prior to the Holder Purchase Date. Any notice of redemption delivered pursuant to this Section 9.12(a), will be mailed to the Partnership, by certified mail, postage prepaid, not less than 180 days prior to the date upon which the holder designates such purchase is to occur (the "Holder Purchase Date"). The Partnership shall pay the holders of the Class A Preferred Units as to which such an election has duly been made hereunder the full amount due under this Section 9.12(a) on the Holder Purchase Date.

Purchase of the Class A Preferred Units and Class B Units. (a) Each holder of Class A Preferred Units shall, from and after the date that is the five years after the Closing Date, have the right, by delivering written notice to the Partnership, to require the Partnership to purchase all, but not less than all of its Class A Preferred Units for an amount in cash equal to $12.25 per Class A Preferred Unit, plus an amount equal to the accrued and unpaid distributions on such Class A Preferred Units for all fiscal quarters ending on or prior to the Holder Purchase Date. Any notice of redemption delivered pursuant to this Section 9.12(a), will be mailed to the Partnership, by certified mail, postage prepaid, not less than 180 days prior to the date upon which the holder designates such purchase is to occur (the "Holder Purchase DateHOLDER PURCHASE DATE"). The Partnership shall pay the holders of the Class A Preferred Units as to which such an election has duly been made hereunder the full amount due under this Section 9.12(a) on the Holder Purchase Date.