Common use of Status of Redeemed Units Clause in Contracts

Status of Redeemed Units. Any Series A Preferred Partnership Units that shall at any time have been redeemed shall, after such redemption, have the status of authorized but unissued Preferred Partnership Units, without designation as to series until such units are thereafter designated as part of a particular series by the Board of Partnershipees.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Hersha Hospitality Trust), Agreement of Limited Partnership (Hersha Hospitality Trust)

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Status of Redeemed Units. Any Series A B Preferred Partnership Units that shall at any time have been redeemed shall, after such redemption, have the status of authorized but unissued Preferred Partnership Units, without designation as to class or series until such units Partnership Units are thereafter classified or designated as part of a particular series by the Board of Partnershipeesseries.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Hersha Hospitality Trust), Agreement of Limited Partnership (Hersha Hospitality Trust)

Status of Redeemed Units. Any Series A E Preferred Partnership Units that shall at any time have been redeemed shall, after such redemption, have the status of authorized but unissued Preferred Partnership Units, without designation as to class or series until such units Partnership Units are thereafter classified or designated as part of a particular series by the Board of Partnershipeesseries.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Hersha Hospitality Trust)

Status of Redeemed Units. Any Series A C Preferred Partnership Units that shall at any time have been redeemed shall, after such redemption, have the status of authorized but unissued Preferred Partnership Units, without designation as to class or series until such units Partnership Units are thereafter classified or designated as part of a particular series by the Board of Partnershipeesseries.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Hersha Hospitality Trust)

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Status of Redeemed Units. Any Series A Preferred Partnership Units that shall at any time have been redeemed shall, after such redemption, have the status of authorized but unissued Preferred Partnership Units, without designation as to class or series until such units Partnership Units are thereafter classified or designated as part of a particular series by the Board of PartnershipeesGeneral Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Seritage Growth Properties)

Status of Redeemed Units. Any Series A D Preferred Partnership Units that shall at any time have been redeemed shall, after such redemption, have the status of authorized but unissued Preferred Partnership Units, without designation as to class or series until such units Partnership Units are thereafter classified or designated as part of a particular series by the Board of Partnershipeesseries.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Hersha Hospitality Trust)

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