Common use of Redemption of Preferred Shares Clause in Contracts

Redemption of Preferred Shares. If, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner for cash, then, immediately prior to such redemption, repurchase or acquisition of Preferred Shares, the Partnership shall purchase an equal number of Partnership Equivalent Units held by the Special Limited Partner that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. If, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner for cash, then, immediately prior to such redemption, repurchase or acquisition redemption of Preferred Shares, the Partnership shall purchase redeem an equal number of Partnership Equivalent Units held by the Special Limited Partner that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. If, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner Genesis for cash, then, immediately prior to such redemption, repurchase or acquisition of Preferred Shares, the Partnership Company shall purchase an equal number of Partnership Company Equivalent Units held by the Special Limited Partner Managing Member that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Company Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. If, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner SDC Inc. for cash, then, immediately prior to such redemption, repurchase or acquisition of Preferred Shares, the Partnership Company shall purchase an equal number of Partnership Equivalent Units held by the Special Limited Partner SDC Inc. that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. If, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner BrightSpire Capital for cash, then, immediately prior to such redemption, repurchase or acquisition redemption of Preferred Shares, the Partnership Company shall purchase redeem an equal number of Partnership Company Equivalent Units held by the Special Limited Partner BrightSpire Capital that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Company Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. If, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner Parent for cash, then, immediately prior to such redemption, repurchase or acquisition redemption of Preferred Shares, the Partnership Company shall purchase redeem an equal number of Partnership Equivalent Units held by the Special Limited Partner Parent that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. If, at any timeanytime, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner Managing Member for cash, then, immediately prior to such redemption, repurchase or acquisition of Preferred Shares, the Partnership Company shall purchase an equal number of Partnership Company Equivalent Units held by the Special Limited Partner Managing Member that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Company Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. IfSubject to the terms of any Partnership Unit Designation, if, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner for cash, then, immediately prior to such redemption, repurchase or acquisition redemption of Preferred Shares, the Partnership shall purchase redeem an equal number of Partnership Equivalent Units held by the Special Limited Partner that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. If, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner Parent for cash, then, immediately prior to such redemption, repurchase or acquisition redemption of Preferred Shares, the Partnership Company shall purchase redeem an equal number of Partnership Equivalent Units held by the Special Limited Partner Parent that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price (payable in cash) per Partnership Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.

Redemption of Preferred Shares. If, at any time, any Preferred Shares are redeemed, repurchased or otherwise acquired (whether by exercise of a put or call, automatically or by means of another arrangement) by the Special Limited Partner Parent for cash, then, immediately prior to such redemption, repurchase or acquisition redemption of Preferred Shares, the Partnership shall purchase redeem an equal number of Partnership Equivalent Units held by the Special Limited Partner Parent that correspond to the class or series of Preferred Shares so redeemed, repurchased or acquired upon the same terms and for the same price per Partnership Equivalent Unit, as such Preferred Shares are redeemed, repurchased or acquired.