Common use of Restriction on Redemption Clause in Contracts

Restriction on Redemption. Each of the Holders shall not, without the prior written consent of the Company and the Operating Partnership, exercise the redemption right afforded to it pursuant to Section 8.6 to the OP Partnership Agreement prior to one (1) year following the date hereof.

Appears in 3 contracts

Samples: Registration Rights Agreement (Prologis, L.P.), Registration Rights Agreement (Prologis, L.P.), Registration Rights Agreement (Prologis, L.P.)

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Restriction on Redemption. Each of the Contributor and Holders shall not, without the prior written consent of the Company and the Operating Partnership, exercise the redemption right afforded to it pursuant to Section 8.6 23.4 to the OP Partnership Agreement prior to one (1) year following the date hereofon which the Class B Common Units were issued to the Contributor.

Appears in 1 contract

Samples: Registration Rights Agreement (Prologis, L.P.)

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