Examples of Class A Partnership Units in a sentence
For the avoidance of doubt, such Class A Partnership Units issued in respect of such Vested LTIP Units shall be treated as Class A Partnership Units for purposes of this Agreement and the holders of such Class A Partnership Units shall be treated as holders of Class A Partnership Units as described in Section 2.2.
The parties hereto acknowledge that the election to retain Class A Partnership Units in the Partnership Merger and trust and estate planning Transfers otherwise permitted by the Partnership Agreement shall not constitute a Transfer for the purposes of this letter agreement provided that any transferee is already, or by a joinder agreement becomes, a party hereto.
Dividend, Reinvestment and Stock Purchase Plan, and (H) 2,075,679 shares of Parent Common Stock were reserved for issuance to holders of NHP/PMB L.P. Class A Partnership Units upon redemption.
The aggregate amount of cash payable to holders of Class A Partnership Units as the Per Partnership Unit Merger Consideration is herein referred to as the "Partnership Unit Merger Consideration," and together with the Company Share Merger Consideration, the Series B Preferred Share Merger Consideration and the aggregate Per Company A Share Merger Consideration payable in respect of the Company RSU Awards pursuant to Section 2.3(a), is herein referred to as the "Merger Consideration".
REIT Shares issued in exchange for Class A Partnership Units in a Redemption shall be registered under the Securities Act of 1933, as amended, pursuant to the Registration Rights Agreement.
If a Cash Amount is to be delivered upon a Redemption, the Cash Amount shall be delivered as a certified check payable to the tendering holder of the applicable Class A Partnership Units or, in the Partnership’s or the General Partner’s sole discretion, as the case may be, in immediately available funds via wire transfer to an account or account(s) specified by the tendering holder of the applicable Class A Partnership Units.
In the event that the General Partner withdraws from the Partnership in violation of this Agreement or dissolves or terminates, or upon the bankruptcy of the General Partner, Limited Partners holding a majority of Class A Partnership Units may elect to continue the Partnership business by selecting a successor General Partner in accordance with the Act.
Except as expressly provided herein, Class A Partnership Units and Class B Partnership Units shall entitle the holders thereof to equal rights under this Agreement.
As of the Capitalization Date, the Company held 168,067,404 Class A Partnership Units, 61,095,773 Class T Partnership Units ("Class T Partnership Units," and together with the Class A Partnership Units, the "Partnership Units") and 231,255 Series B Preferred Partnership Units.
By:_______________________________________________ Name:_____________________________________________ Title:____________________________________________ [ADD OTHER LIMITED PARTNERS] EXHIBIT A PARTNERS AND PARTNERSHIP INTERESTS Name and Address of Partner Class A Partnership Units Class B Partnership Units Agreed Initial Capital Account Percentage Interest GENERAL PARTNER: XX Xxxxx Realty Corp.