Common use of Redemption; Change in Number of Shares Outstanding Clause in Contracts

Redemption; Change in Number of Shares Outstanding. (a) If the General Partner shall redeem any of its outstanding Shares, the Partnership shall concurrently therewith redeem an equal number of Units held by the General Partner for the same price (as determined in good faith by the Board of Directors of the General Partner) as paid by the General Partner for the redemption of such Shares.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Washington Prime Group Inc.), Limited Partnership Agreement (SPG SpinCo Subsidiary Inc.), Registration Rights Agreement (Simon Property Group Inc /De/)

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Redemption; Change in Number of Shares Outstanding. (a) If the Managing General Partner shall redeem any of its outstanding Shares, the Partnership shall concurrently therewith redeem an equal number of Units held by the Managing General Partner for the same price (as determined in good faith by the Board of Directors of the Managing General Partner) as paid by the Managing General Partner for the redemption of such Shares.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Simon Property Group L P /De/), SPG Realty Consultants Inc

Redemption; Change in Number of Shares Outstanding. (a) If the Managing General Partner shall redeem any of its outstanding Shares, the Partnership shall concurrently therewith redeem an equal the number of Units underlying the Trust Interests holding such Shares held by the Managing General Partner for the same price (as determined in good faith by the Board of Directors of the Managing General Partner) as paid by the Managing General Partner for the redemption of such Shares.

Appears in 1 contract

Samples: Simon Property Group L P /De/

Redemption; Change in Number of Shares Outstanding. (a) If the Managing General Partner shall redeem any of its outstanding Shares, the Partnership shall concurrently therewith redeem an equal the number of Units underlying the Trust Interests holding such Shares held by the Managing General Partner for the same price (as determined in good faith by the Board of Directors of the General Partner) as paid by the Managing General Partner for the redemption of such Shares.

Appears in 1 contract

Samples: Corporate Realty Consultants Inc

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Redemption; Change in Number of Shares Outstanding. (a) If the Managing General Partner shall redeem any of its outstanding Shares, the Partnership shall concurrently therewith redeem an equal number of Units held by the Managing General Partner for the same price (as determined in good faith by the Board of Directors of the General Partner) as paid by the Managing General Partner for the redemption of such Shares.

Appears in 1 contract

Samples: Corporate Realty Consultants Inc

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