Redemption of Junior Shares. If, at any time, any Junior Shares are redeemed (whether by exercise of a put or call, automatically or by means of another arrangement) by the General Partner for cash, the Partnership shall, immediately prior to such redemption of Junior Shares, redeem an equal number of Partnership Junior Units held by the General Partner, upon the same terms and for the same price per Partnership Junior Unit, as such Junior Shares are redeemed.
Appears in 14 contracts
Samples: Arbor Realty Trust Inc, Arbor Realty Trust Inc, NorthStar Asset Management Group Inc.
Redemption of Junior Shares. If, at any time, any Junior Shares are redeemed (whether by exercise of a put or call, automatically or by means of another arrangement) by the General Partner Company for cash, the Partnership shall, immediately prior to such redemption of Junior Shares, redeem an equal number of Partnership Junior Units held by the General PartnerCompany, upon the same terms and for the same price per Partnership Junior Unit, as such Junior Shares are redeemed.
Appears in 3 contracts
Samples: NorthStar Realty Europe Corp., NorthStar Realty Europe Corp., Northstar Realty Finance Corp.
Redemption of Junior Shares. If, at any time, any Junior Shares --------------------------- are redeemed (whether by exercise of a put or call, automatically or by means of another arrangement) by the General Partner WEA for cash, the Partnership shall, immediately prior to such redemption of Junior Shares, redeem an equal number of Partnership Junior Units held by the Managing General PartnerPartner and any Special Limited Partners (and among the Managing General Partner and such Special Limited Partners in such proportion as the Managing General Partner shall determine in its sole discretion), upon the same terms and for the same price per Partnership Junior Unit, as such Junior Shares are redeemed.
Appears in 1 contract
Samples: Westfield America Inc
Redemption of Junior Shares. If, at any time, any Junior Shares are redeemed (whether by exercise of a put or call, automatically or by means of another arrangement) by the General Special Limited Partner for cash, the Partnership shall, immediately prior to such redemption of Junior Shares, redeem an equal number of Partnership Junior Units held by the General Special Limited Partner, upon the same terms and for the same price per Partnership Junior Unit, as such Junior Shares are redeemed.
Appears in 1 contract
Samples: Global Signal Inc