Common use of Redemption of Partnership Interest Clause in Contracts

Redemption of Partnership Interest. The Partnership shall not redeem, repurchase, or otherwise acquire Partnership Interests from the Partners, except (i) for redemptions of Partnership Interests pro rata based on the Partners' Percentage Interests, (ii) for redemptions of Partnership Interests as provided in Article XV, and (iii) with the Consent of the Limited Partners.

Redemption of Partnership Interest. The Except as provided in the Exchange Rights Agreement, the Partnership shall not redeem, repurchase, repurchase or otherwise acquire Partnership Interests from the Partners, except (i) for redemptions of Partnership Interests pro rata based on the Partners' ’ Percentage Interests, (ii) for redemptions of Partnership Interests as provided in Article XV, and (iii) with the Consent of the Limited Partners.