Common use of Right to Purchase Units Clause in Contracts

Right to Purchase Units. If fewer than 10% of the outstanding LP Units are held by Persons other than the General Partner and its Affiliates, the General Partner shall have the right, which it may assign to the Partnership or any Affiliate, to purchase all, but not less than all, of the LP Units that remain outstanding and are held by Persons other than the General Partner and its Affiliates. Any such purchase shall be at a price per LP Unit in cash (the “Purchase Price”) equal to the greater of the Unit Price on the date of purchase (the “Purchase Date”) or the Issue Price for such LP Units, in either case multiplied by (a) 1.2, if the Purchase Date is after December 31, 1996 and on or prior to December 31, 2001, (b) 1.1, if the Purchase Date is after December 31, 2001 and on or prior to December 31, 2006, or (c) 1.0, if the Purchase Date is after December 31, 2006.

Right to Purchase Units. If fewer than 10% of the outstanding LP Units are held by Persons other than the General Partner and its Affiliates, the General Partner shall have the right, which it may assign to the Partnership or any Affiliate, to purchase all, but not less than all, of the LP Units that remain outstanding and are held by Persons other than the General Partner and its Affiliates. Any such purchase shall be at a price per LP Unit in cash (the “"Purchase Price”") equal to the greater of the Unit Price on the date of purchase (the “"Purchase Date”") or the Issue Price for such LP Units, in either case multiplied by (a) 1.2a)1.2, if the Purchase Date is after December 31, 1996 and on or prior to December 31, 2001, (b) 1.1, if the Purchase Date is after December 31, 2001 and on or prior to December 31, 2006, or (c) 1.0, if the Purchase Date is after December 31, 2006.

Right to Purchase Units. If fewer than 10% of the outstanding LP Units are held by Persons other than the General Partner and its Affiliates, the General Partner shall have the right, which it may assign to the Partnership or any Affiliate, to purchase all, but not less than all, of the LP Units that remain outstanding and are held by Persons other than the General Partner and its Affiliates. Any such purchase shall be at a price per LP Unit in cash (the “"Purchase Price”") equal to the greater of the Unit Price on the date of purchase (the “"Purchase Date”") or the Issue Price for such LP Units, in either case multiplied by (a) 1.2, if the Purchase Date is after December 31, 1996 and on or prior to December 31, 2001, (b) 1.1, if the Purchase Date is after December 31, 2001 and on or prior to December 31, 2006, or (c) 1.0, if the Purchase Date is after December 31, 2006.