Common use of Redemption Rights Clause in Contracts

Redemption Rights. Notwithstanding the contrary terms in the Partnership Agreement, Partnership Units which are acquired upon the conversion of the Class A Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 8.04 of the Partnership Agreement within two (2) years of the date of the issuance of such Class A Units.

Appears in 4 contracts

Samples: Class a Performance Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.), Class a Performance Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.), Class a Performance Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.)

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Redemption Rights. Notwithstanding the contrary terms in the Partnership Agreement, Partnership Units which are acquired upon the conversion of the Class A Profits Interest Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 8.04 8.6 of the Partnership Agreement within two (2) three years of the date of the issuance of such Class A Profits Interest Units.

Appears in 3 contracts

Samples: Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.), Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.), Profits Interest Units Agreement (Vinebrook Homes Trust, Inc.)

Redemption Rights. Notwithstanding the contrary terms in the Partnership Agreement, Partnership Units which are acquired upon the conversion of the Class A Profits Interest Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 8.04 8.6 of the Partnership Agreement within two (2) years of the date of the issuance of such Class A Profits Interest Units.

Appears in 2 contracts

Samples: Profits Interest Unit Agreement (Digital Realty Trust, L.P.), Profits Interest Unit Agreement (Digital Realty Trust, L.P.)

Redemption Rights. Notwithstanding the contrary terms in the Partnership Agreement, Partnership Units which are acquired upon the conversion of the Class A C Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 8.04 8.6 of the Partnership Agreement within two (2) years of the date of the issuance of such Class A C Units.

Appears in 2 contracts

Samples: Class C Profits Interest Units Agreement (Digital Realty Trust, Inc.), Class C Profits Interest Units Agreement (Digital Realty Trust, Inc.)

Redemption Rights. Notwithstanding the contrary terms in the Partnership Agreement, Partnership Units which are acquired upon the conversion exchange of the Class A Profits Interest Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 8.04 8.6 of the Partnership Agreement within two (2) years of the date of the issuance of such Class A Profits Interest Units.

Appears in 1 contract

Samples: Profits Interest Units Agreement (Digital Realty Trust, Inc.)

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Redemption Rights. Notwithstanding the contrary terms in the Partnership Agreement, Partnership Units which are acquired upon the conversion of the Class A D Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 8.04 8.6 of the Partnership Agreement within two (2) years of the date of the issuance of such Class A D Units.

Appears in 1 contract

Samples: Class D Profits Interest Unit Agreement (Digital Realty Trust, L.P.)

Redemption Rights. Notwithstanding the contrary terms in the Partnership Agreement, Partnership Units which are acquired upon the conversion of the Class A Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 8.04 of the Partnership Agreement within two (2) years of the date of the issuance of such Class A Units. 1 NTD: Include if applicable.

Appears in 1 contract

Samples: Class a Performance Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.)

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