LTIP Unit Conversion Date definition

LTIP Unit Conversion Date has the meaning set forth in Section 1.8(c) of Exhibit C hereto.

LTIP Unit Conversion Date has the meaning set forth in Section 7.C of Exhibit B to the Tenth Amendment to this Agreement.

LTIP Unit Conversion Date has the meaning ascribed thereto in Section 6.4.

Examples of LTIP Unit Conversion Date in a sentence

• Notwithstanding anything herein to the contrary (but subject to Section 10.3 of the Agreement), a holder of LTIP Units may deliver a notice pursuant to Section 10.3 of the Agreement relating to those OP Units that will be issued to such holder upon conversion of such LTIP Units into OP Units in advance of the LTIP Unit Conversion Date; provided, however, that redemption of such OP Units by the Partnership shall in no event take place until the LTIP Unit Conversion Date.

• Any such conversion shall occur automatically after the close of business on the applicable LTIP Unit Conversion Date without any action on the part of such holder of LTIP Units, as of which time such holder of LTIP Units shall be credited on the books and records of the Partnership with the issuance as of the opening of business on the next day of the number of Common Units issuable upon such conversion.

• Notwithstanding anything herein to the contrary (but subject to Article 8 of the Agreement), a holder of LTIP Units may deliver a Notice of Redemption pursuant to Section 8.5 of the Agreement relating to those Common Units that will be issued to such holder upon conversion of such LTIP Units into Common Units in advance of the LTIP Unit Conversion Date; provided, however, that the redemption of such Common Units by the Partnership shall in no event take place until the LTIP Unit Conversion Date.

• A conversion of Vested CROP LTIP Units shall occur automatically after the close of business on the applicable CROP LTIP Unit Conversion Date without any action on the part of such holder of CROP LTIP Units, as of which time such holder of CROP LTIP Units shall be credited on the books and records of the Partnership with the issuance as of the opening of business on the next day of the number of Common Units issuable upon such conversion.

• A conversion of Vested CCOP LTIP Units shall occur automatically after the close of business on the applicable CCOP LTIP Unit Conversion Date without any action on the part of such holder of CCOP LTIP Units, as of which time such holder of CCOP LTIP Units shall be credited on the books and records of the Partnership with the issuance as of the opening of business on the next day of the number of Common Units issuable upon such conversion.

More Definitions of LTIP Unit Conversion Date

LTIP Unit Conversion Date has the meaning set forth in Section 9 of this Designation.

LTIP Unit Conversion Date has the meaning set forth in Section 7.C of Annex A to the Fourth Amendment to this Agreement.

LTIP Unit Conversion Date has the meaning set forth in Section 1.8 of Exhibit C “LTIP Unit Limited Partner” means any Person that holds LTIP Units and is named as a LTIP Unit Limited Partner in the books and records of the Partnership.

LTIP Unit Conversion Date has the meaning set forth in Section 1.9(c) of Exhibit D hereto.

LTIP Unit Conversion Date. As defined in Section 1.8 of Schedule A hereof.

LTIP Unit Conversion Date. Any such conversion shall occur automatically after the close of business on the applicable LTIP Unit Conversion Date without any action on the part of such holder of LTIP Units, as of which time such holder of LTIP Units shall be credited on the books and records of the Partnership with the issuance as of the opening of business on the next day of the number of Partnership Units issuable upon such conversion.

LTIP Unit Conversion Date has the meaning set forth in Section 4.02(c)(ix)(C).