Redemption at the Option of the Partnership. LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) repurchasing LTIP Units from the holder thereof if and to the extent such holder agrees to sell such LTIP Units or (ii) from exercising its LTIP Unit Forced Conversion right.
Appears in 19 contracts
Samples: Term Incentive Plan Award Agreement (Mack Cali Realty L P), Term Incentive Plan Award Agreement (Mack Cali Realty L P), Limited Partnership Agreement (Acadia Realty Trust)
Redemption at the Option of the Partnership. LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) repurchasing LTIP Units from the holder thereof if and to the extent such holder agrees to sell such LTIP Units or (ii) from exercising its LTIP Unit Forced Conversion rightUnits.
Appears in 11 contracts
Samples: Limited Partnership Agreement (JBG SMITH Properties), Fourth (Gramercy Property Trust Inc.), Gramercy Property Trust
Redemption at the Option of the Partnership. LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) repurchasing LTIP Units from the holder thereof if and to the extent such holder agrees to sell such LTIP Units or (ii) from exercising its converting LTIP Unit Forced Conversion rightUnits pursuant to Section 1.8 above.
Appears in 8 contracts
Samples: Agreement (Lamar Media Corp/De), Paramount Group, Inc., Registration Rights Agreement (First Industrial Lp)
Redemption at the Option of the Partnership. LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) repurchasing LTIP Units from the holder thereof if and to the extent such holder agrees to sell such LTIP Units or (ii) from exercising its LTIP Unit Forced Conversion rightUnits.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Clipper Realty Inc.), 1st stREIT Office Inc., DCT Industrial Trust Inc.
Redemption at the Option of the Partnership. LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) repurchasing LTIP Units from the holder thereof if and to the extent such holder agrees to sell such LTIP Units or (ii) from exercising its converting LTIP Unit Forced Conversion rightUnits pursuant to Section 1.8 above.β
Appears in 1 contract
Samples: Paramount Group, Inc.
Redemption at the Option of the Partnership. LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) repurchasing LTIP Units from the holder thereof if and to the extent such holder agrees to sell such LTIP Units or (ii) from exercising its LTIP Unit Forced Conversion rightUnits. 9.
Appears in 1 contract
