Redemption Right of LTIP Unit Limited Partners. (a) LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership (i) from repurchasing LTIP Units from the Holder thereof if and to the extent that such Holder agrees to sell such LTIP Units or (ii) from exercising the right to cause a LTIP Unit Forced Conversion.
Appears in 8 contracts
Samples: Agreement and Plan of Merger (Brookfield Property Partners L.P.), Agreement and Plan of Merger (Brookfield Asset Management Inc.), Agreement and Plan of Merger (GGP Inc.)
Redemption Right of LTIP Unit Limited Partners. (a) A. LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) from repurchasing LTIP Units from the Holder holder thereof if and to the extent that such Holder holder agrees to sell such LTIP Units or (ii) from exercising the right to cause a its LTIP Unit Forced ConversionConversion right.
Appears in 2 contracts
Samples: Agreement (Duke Realty Limited Partnership/), Prologis, L.P.
Redemption Right of LTIP Unit Limited Partners. (aA) LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) from repurchasing LTIP Units from the Holder holder thereof if and to the extent that such Holder holder agrees to sell such LTIP Units or (ii) from exercising the right to cause a its LTIP Unit Forced ConversionConversion right.
Appears in 1 contract
Samples: CatchMark Timber Trust, Inc.
Redemption Right of LTIP Unit Limited Partners. (a) 13.1 Subject to Sections 9.5 and 9.6 of the Agreement, LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership (i) from repurchasing LTIP Units from the Holder holder thereof if and to the extent that such Holder holder agrees to sell such LTIP Units or (ii) from exercising the right to cause a LTIP Unit Forced ConversionUnits.
Appears in 1 contract
Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.)
