Common use of Status of Redeemed Units Clause in Contracts

Status of Redeemed Units. Any Class A Preferred Units that shall at any time have been redeemed or otherwise acquired by the Company shall, after such redemption or acquisition, have the status of authorized but unissued units of membership interest of the Company which may be issued by the Board from time to time at its discretion.

Appears in 3 contracts

Samples: Limited Partnership Agreement (CatchMark Timber Trust, Inc.), Limited Partnership Agreement (CatchMark Timber Trust, Inc.), Limited Partnership Agreement (CatchMark Timber Trust, Inc.)

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Status of Redeemed Units. Any Class A Preferred Units that shall at any time have been redeemed or otherwise acquired by the Company Fund shall, after such redemption or acquisition, have the status of authorized but unissued units of membership interest of the Company Preferred Units which may be issued by the Board of Managers from time to time at its discretion.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Partners Group Private Real Estate (Master), LLC)

Status of Redeemed Units. Any Class A Preferred Units that shall at any time have been redeemed or otherwise acquired by the Company shall, after such redemption or acquisition, have the status of authorized but unissued units of membership interest of the Company Preferred Units which may be issued by the Board from time to time at its discretion.

Appears in 1 contract

Samples: Limited Liability Company Agreement (STORE CAPITAL Corp)

Status of Redeemed Units. Any Class A Preferred Units that shall at any time have been redeemed or otherwise acquired by the Company shall, after such redemption or acquisition, have the status of authorized but unissued units of membership interest of the Company Preferred Units which may be issued by the Board of Managers from time to time at its discretion.

Appears in 1 contract

Samples: Limited Partnership Agreement (Inland Real Estate Corp)

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Status of Redeemed Units. Any Class A Preferred Units that shall at any time have been redeemed or otherwise acquired by the Company REIT shall, after such redemption or acquisition, have the status of authorized but unissued preferred units, without designation as to class until such units are once more classified and designated as part of membership interest of the Company which may be issued a particular class by the Board from time to time at its discretionManager.

Appears in 1 contract

Samples: Limited Partnership Agreement (Behringer Harvard Multifamily Reit I Inc)

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