Common use of Status of Redeemed Units Clause in Contracts

Status of Redeemed Units. Any Series 3 Preferred Units that shall at any time have been redeemed shall after such redemption, have the status of authorized but unissued Preferred Units, without designation as to class or series until such units are once more designated as part of a particular class or series by the General Partner.

Appears in 3 contracts

Samples: Amendment to Fourth Amended and Restated Agreement of Limited Partnership (Regency Centers Lp), Limited Partnership Agreement (Regency Centers Corp), Limited Partnership Agreement (Regency Centers Lp)

AutoNDA by SimpleDocs

Status of Redeemed Units. Any Series 3 4 Preferred Units that shall at any time have been redeemed shall after such redemption, have the status of authorized but unissued Preferred Units, without designation as to class or series until such units are once more designated as part of a particular class or series by the General Partner.

Appears in 2 contracts

Samples: Amendment to Fourth Amended and Restated Agreement of Limited Partnership (Regency Centers Lp), Limited Partnership Agreement (Regency Centers Lp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!