Repurchases of General Partner Securities. If the General Partner shall repurchase shares of any class or series of its capital stock, the purchase price thereof and all costs incurred in connection with such repurchase shall be reimbursed to the General Partner by the Partnership pursuant to Section 6.05 hereof and the General Partner shall cause the Partnership to redeem an equivalent number of Partnership Units of the appropriate class or series held by the General Partner, or by the General Partner in its capacity as a Limited Partner (which, in the case of REIT Shares, shall be a number equal to the quotient of the number of such REIT Shares divided by the Conversion Factor).
Appears in 8 contracts
Samples: Limited Partnership Agreement (Postal Realty Trust, Inc.), Limited Partnership Agreement (Postal Realty Trust, Inc.), Limited Partnership Agreement (RiverBanc Multifamily Investors, Inc.)
Repurchases of General Partner Securities. If the General Partner shall repurchase shares of any class or series of its capital stockshares of beneficial interest, the purchase price thereof and all costs incurred in connection with such repurchase shall be reimbursed to the General Partner by the Partnership pursuant to Section 6.05 hereof and the General Partner simultaneously shall cause the Partnership to redeem an equivalent number of Partnership Units of the appropriate class or series held by the General Partner, or by the General Partner in its capacity as a Limited Partner Partner, (which, in the case of REIT Common Shares, shall be a number equal to the quotient of the number of such REIT Common Shares divided by the Conversion Factor).
Appears in 7 contracts
Samples: Limited Partnership Agreement (Medalist Diversified REIT, Inc.), Limited Partnership Agreement (Medalist Diversified REIT, Inc.), Agreement of Limited Partnership (CapRocq Core REIT, Inc.)
Repurchases of General Partner Securities. If the General Partner shall repurchase shares of any class or series of its capital stockshares of beneficial interest, the purchase price thereof and all costs incurred in connection with such repurchase shall be reimbursed to the General Partner by the Partnership pursuant to Section 6.05 hereof and the General Partner simultaneously shall cause the Partnership to redeem an equivalent number of Partnership Units of the appropriate class or series held by the General Partner, or by the General Partner in its capacity as a Limited Partner Partner, (which, in the case of REIT Shares, shall be a number equal to the quotient of the number of such REIT Shares divided by the Conversion Factor).
Appears in 4 contracts
Samples: Limited Partnership Agreement (HC Government Realty Trust, Inc.), Limited Partnership Agreement (Bluerock Residential Growth REIT, Inc.), Limited Partnership Agreement (Bluerock Residential Growth REIT, Inc.)
Repurchases of General Partner Securities. If the General Partner shall repurchase shares of any class or series of its capital stockshares of beneficial interest, the purchase price thereof and all costs incurred in connection with such repurchase shall be reimbursed to the General Partner by the Partnership pursuant to Section 6.05 hereof and the General Partner shall cause the Partnership to redeem an equivalent number of Partnership Units of the appropriate class or series held by the General Partner, or by the General Partner in its capacity as a Limited Partner (which, in the case of REIT Shares, shall be a number equal to the quotient of the number of such REIT Shares divided by the Conversion Factor).
Appears in 2 contracts
Samples: Limited Partnership Agreement (Physicians Realty Trust), Limited Partnership Agreement (Physicians Realty Trust)
Repurchases of General Partner Securities. If the General Partner shall repurchase shares of any class or series of its capital stock, the purchase price thereof and all costs incurred in connection with such repurchase shall be reimbursed to the General Partner by the Partnership pursuant to Section 6.05 6.5 hereof and the General Partner shall cause the Partnership to redeem an equivalent number of Partnership Units of the appropriate class or series held by the General Partner, or by the General Partner in its capacity as a Limited Partner (which, in the case of REIT Shares, shall be a number equal to the quotient of the number of such REIT Shares divided by the Conversion Factor).
Appears in 1 contract
Samples: Limited Partnership Agreement (Strawberry Fields REIT, Inc.)
Repurchases of General Partner Securities. If the General Partner shall repurchase shares of any class or series of its capital stockshares of beneficial interest, the purchase price thereof and all costs incurred in connection with such repurchase shall be reimbursed to the General Partner by the Partnership pursuant to Section 6.05 hereof and the General Partner simultaneously shall cause the Partnership to redeem an equivalent number of Partnership Units of the appropriate class or series held by the General Partner, or by the General Partner in its capacity as a Limited Partner Partner, (which, in the case of REIT Shares, shall be a number equal to the quotient of the number of such REIT Shares divided by the Conversion Factor).
Appears in 1 contract
Samples: Limited Partnership Agreement (Chatham Lodging Trust)
