Common use of Redemptions of Units Clause in Contracts

Redemptions of Units. The Partnership shall follow the Redemption Plan set by the REIT Board in accordance with the Fund REIT Agreement. The Fund REIT shall be deemed to have delivered a redemption notice to the General Partner as of the date on which the Fund REIT receives a redemption notice from a member of the Company for a number and class of Units corresponding to the number and class of units of the Company set forth in such redemption notice.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Jamestown Invest 1, LLC), Limited Partnership Agreement (Jamestown Atlanta Invest 1, LLC), Limited Partnership Agreement (Jamestown Atlanta Invest 1, LLC)

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Redemptions of Units. The Partnership shall follow the Redemption Plan Plan” set by the REIT Board in accordance with the Fund REIT Agreement. The Fund REIT shall be deemed to have delivered a redemption notice to the General Partner as of the date on which the Fund REIT receives a redemption notice from a member of the Company Fund REIT for a number and class of Units corresponding to the number and class of units of the Company Fund REIT set forth in such redemption notice.

Appears in 1 contract

Samples: Limited Partnership Agreement (Jamestown Invest 1, LLC)

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