Common use of Additional Partnership Interests Clause in Contracts

Additional Partnership Interests. In the event that the Partnership issues OP Units to any Additional Limited Partner pursuant to Article 4, the General Partner shall make such amendments to this Section 8.6 as it determines are necessary to reflect the issuance of such OP Units (including setting forth any restrictions on the exercise of the Redemption Right with respect to OP Units described in this Section 8.6E).

Appears in 3 contracts

Samples: Kramont Realty Trust, Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

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Additional Partnership Interests. In the event that the Partnership issues OP Common Units to any Additional Limited Partner pursuant to Article 4, the General Partner shall make such amendments to this Section 8.6 as it determines are necessary to reflect the issuance of such OP Common Units (including setting forth any restrictions on the exercise of the Redemption Right with respect to OP Common Units described in this Section 8.6E).

Appears in 3 contracts

Samples: Merger Agreement (Kramont Realty Trust), Employment Agreement (Kranzco Realty Trust), Employment Agreement (Cv Reit Inc)

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