Common use of Redemption Upon Change of Control Clause in Contracts

Redemption Upon Change of Control. Upon the occurrence of a Change of Control, and subject to the applicable requirements of Federal securities laws and any securities exchange or quotation system rules or regulations, each holder of Class II Out-Performance Partnership Shares shall have the redemption rights of Limited Partners set forth in Section 8.05 of the Agreement with respect to a number of Partnership Units equal to the number of Class II Out-Performance Partnership Shares multiplied by the Conversion Factor and the 40-month transfer limitation period applicable to the Class II Out-Performance Partnership Shares shall be deemed to have passed.

Redemption Upon Change of Control. Upon the occurrence of a Change of Control, and subject to the applicable requirements of Federal securities laws and any securities exchange or quotation system rules or regulations, each holder of Class II I Out-Performance Partnership Shares shall have the redemption rights of Limited Partners set forth in Section 8.05 of the Agreement with respect to a number of Partnership Units equal to the number of Class II I Out-Performance Partnership Shares multiplied by the Conversion Factor and the 40-month transfer limitation period applicable to the Class II I Out-Performance Partnership Shares shall be deemed to have passed.

Redemption Upon Change of Control. Upon the occurrence of a Change of Control, and subject to the applicable requirements of Federal securities laws and any securities exchange or quotation system rules or regulations, each holder of Class II III Out-Performance Partnership Shares shall have the redemption rights of Limited Partners set forth in Section 8.05 of the Agreement with respect to a number of Partnership Units equal to the number of Class II III Out-Performance Partnership Shares multiplied by the Conversion Factor and the 40thirty-six (36) month transfer limitation period applicable to the Class II III Out-Performance Partnership Shares shall be deemed to have passed.

Redemption Upon Change of Control. Upon the occurrence of a Change of Control, and subject to the applicable requirements of Federal securities laws and any securities exchange or quotation system rules or regulations, each holder of Class II IV Out-Performance Partnership Shares shall have the redemption rights of Limited Partners set forth in Section 8.05 of the Agreement with respect to a number of Partnership Units equal to the number of Class II IV Out-Performance Partnership Shares multiplied by the Conversion Factor and the 40thirty-six (36) month transfer limitation period applicable to the Class II IV Out-Performance Partnership Shares shall be deemed to have passed.

Redemption Upon Change of Control. Upon the occurrence of a Change of Control, and subject to the applicable requirements of Federal securities laws and any securities exchange or quotation system rules or regulations, each holder of Class II V Out-Performance Partnership Shares shall have the redemption rights of Limited Partners set forth in Section 8.05 of the Agreement with respect to a number of Partnership Units equal to the number of Class II V Out-Performance Partnership Shares multiplied by the Conversion Factor and the 40thirty-six (36) month transfer limitation period applicable to the Class II V Out-Performance Partnership Shares shall be deemed to have passed.