Special Limited Partner Interest definition
Examples of Special Limited Partner Interest in a sentence
As of the close of business on the date hereof, (i) 18,285,480.5952 OP Units were outstanding, (ii) 209,439.7162 RSOP LTIP Units were outstanding, which RSOP LTIP Units will have been cancelled and ceased to be outstanding as of the Closing, (iii) the RSOP Special Limited Partner Interest was outstanding and (iv) 211,495.6283 RSOP General Partner Units were outstanding, all of which were held by RS.
The waiver by RS Advisor of the Special Limited Partner Interest Put Right pursuant to this Section 3.1(c) shall be irrevocable except to the extent set forth in Section 9.2 of this Agreement.
In connection with the termination of the Advisory Agreement at, and subject to, the Closing, RS Advisor hereby waives its right to sell the Special Limited Partner Interest to RSOP pursuant to Section 10.7.3 of the RSOP Partnership Agreement (the “Special Limited Partner Interest Put Right”), and at, and subject to, the Closing, RS Advisor hereby releases all claims thereto.