Common use of Automatic Reclassification Clause in Contracts

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 Reclassification Date less than 1,000,000 Series 7 Preferred Limited Partnership Units after taking into account all Series 7 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 Preferred Limited Partnership Units has been provided and all Series 8 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 Preferred Limited Partnership Units will automatically be reclassified into Series 8 Preferred Limited Partnership Units on the basis of one (1) Series 8 Preferred Limited Partnership Unit for each Series 7 Preferred Limited Partnership Unit on the applicable Series 7 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 Reclassification Date less than 1,000,000 Series 7 Preferred Limited Partnership Units after taking into account all Series 7 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 Preferred Limited Partnership Units has been provided and all Series 8 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 Preferred Limited Partnership Units will automatically be reclassified into Series 8 Preferred Limited Partnership Units on the basis of one (1) Series 8 Preferred Limited Partnership Unit for each Series 7 Preferred Limited Partnership Unit on the applicable Series 7 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 8 Reclassification Date less than 1,000,000 Series 7 8 Preferred Limited Partnership Units after taking into account all Series 8 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 Preferred Limited Partnership Units has been provided and all Series 7 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 Preferred Limited Partnership Units has been provided and all Series 8 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 8 Preferred Limited Partnership Units will automatically be reclassified into Series 8 7 Preferred Limited Partnership Units on the basis of one (1) Series 8 7 Preferred Limited Partnership Unit for each Series 7 8 Preferred Limited Partnership Unit on the applicable Series 7 8 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 8 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 8 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 1 Reclassification Date less than 1,000,000 Series 7 1 Preferred Limited Partnership Units after taking into account all Series 7 1 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 2 Preferred Limited Partnership Units has been provided and all Series 8 2 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 1 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 1 Preferred Limited Partnership Units will automatically be reclassified into Series 8 2 Preferred Limited Partnership Units on the basis of one (1) Series 8 2 Preferred Limited Partnership Unit for each Series 7 1 Preferred Limited Partnership Unit on the applicable Series 7 1 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 1 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 1 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 8 Reclassification Date less than 1,000,000 Series 7 8 Preferred Limited Partnership Units after taking into account all Series 8 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 Preferred Limited Partnership Units has been provided and all Series 7 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 Preferred Limited Partnership Units has been provided and all Series 8 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 8 Preferred Limited Partnership Units will automatically be reclassified into Series 8 7 Preferred Limited Partnership Units on the basis of one (1) Series 8 7 Preferred Limited Partnership Unit for each Series 7 8 Preferred Limited Partnership Unit on the applicable Series 7 8 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 8 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 8 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 2 Reclassification Date less than 1,000,000 Series 7 2 Preferred Limited Partnership Units after taking into account all Series 7 2 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 1 Preferred Limited Partnership Units has been provided and all Series 8 1 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 2 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 2 Preferred Limited Partnership Units will automatically be reclassified into Series 8 1 Preferred Limited Partnership Units on the basis of one (1) Series 8 1 Preferred Limited Partnership Unit for each Series 7 2 Preferred Limited Partnership Unit on the applicable Series 7 2 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 2 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 2 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 3 Reclassification Date less than 1,000,000 Series 7 3 Preferred Limited Partnership Units after taking into account all Series 7 3 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 4 Preferred Limited Partnership Units has been provided and all Series 8 4 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 3 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 3 Preferred Limited Partnership Units will automatically be reclassified into Series 8 4 Preferred Limited Partnership Units on the basis of one (1) Series 8 4 Preferred Limited Partnership Unit for each Series 7 3 Preferred Limited Partnership Unit on the applicable Series 7 3 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 3 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 3 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 2 Reclassification Date less than 1,000,000 Series 7 2 Preferred Limited Partnership Units after taking into account all Series 7 2 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 1 Preferred Limited Partnership Units has been provided and all Series 8 1 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 2 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 2 Preferred Limited Partnership Units will automatically be reclassified into Series 8 1 Preferred Limited Partnership Units on the basis of one (1) Series 8 1 Preferred Limited Partnership Unit for each Series 7 2 Preferred Limited Partnership Unit on the applicable Series 7 2 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 2 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 2 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 1 Reclassification Date less than 1,000,000 Series 7 1 Preferred Limited Partnership Units after taking into account all Series 7 1 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 2 Preferred Limited Partnership Units has been provided and all Series 8 2 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 1 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 1 Preferred Limited Partnership Units will automatically be reclassified into Series 8 2 Preferred Limited Partnership Units on the basis of one (1) Series 8 2 Preferred Limited Partnership Unit for each Series 7 1 Preferred Limited Partnership Unit on the applicable Series 7 1 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 1 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 1 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 3 Reclassification Date less than 1,000,000 Series 7 3 Preferred Limited Partnership Units after taking into account all Series 7 3 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 4 Preferred Limited Partnership Units has been provided and all Series 8 4 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 3 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 3 Preferred Limited Partnership Units will automatically be reclassified into Series 8 4 Preferred Limited Partnership Units on the basis of one (1) Series 8 4 Preferred Limited Partnership Unit for each Series 7 3 Preferred Limited Partnership Unit on the applicable Series 7 3 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 3 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 3 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 4 Reclassification Date less than 1,000,000 Series 7 4 Preferred Limited Partnership Units after taking into account all Series 7 4 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 3 Preferred Limited Partnership Units has been provided and all Series 8 3 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 4 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 4 Preferred Limited Partnership Units will automatically be reclassified into Series 8 3 Preferred Limited Partnership Units on the basis of one (1) Series 8 3 Preferred Limited Partnership Unit for each Series 7 4 Preferred Limited Partnership Unit on the applicable Series 7 4 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 4 Preferred Limited Partnership Units at least seven five (7) days 5)days prior to the Series 7 4 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 5 Reclassification Date less than 1,000,000 Series 7 5 Preferred Limited Partnership Units after taking into account all Series 7 5 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 6 Preferred Limited Partnership Units has been provided and all Series 8 6 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 5 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 5 Preferred Limited Partnership Units will automatically be reclassified into Series 8 6 Preferred Limited Partnership Units on the basis of one (1) Series 8 6 Preferred Limited Partnership Unit for each Series 7 5 Preferred Limited Partnership Unit on the applicable Series 7 5 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 5 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 5 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 10 Reclassification Date less than 1,000,000 Series 7 10 Preferred Limited Partnership Units after taking into account all Series 7 10 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 9 Preferred Limited Partnership Units has been provided and all Series 8 9 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 10 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 10 Preferred Limited Partnership Units will automatically be reclassified into Series 8 9 Preferred Limited Partnership Units on the basis of one (1) Series 8 9 Preferred Limited Partnership Unit for each Series 7 10 Preferred Limited Partnership Unit on the applicable Series 7 10 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 10 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 10 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 4 Reclassification Date less than 1,000,000 Series 7 4 Preferred Limited Partnership Units after taking into account all Series 7 4 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 3 Preferred Limited Partnership Units has been provided and all Series 8 3 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 4 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 4 Preferred Limited Partnership Units will automatically be reclassified into Series 8 3 Preferred Limited Partnership Units on the basis of one (1) Series 8 3 Preferred Limited Partnership Unit for each Series 7 4 Preferred Limited Partnership Unit on the applicable Series 7 4 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 4 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 4 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 6 Reclassification Date less than 1,000,000 Series 7 6 Preferred Limited Partnership Units after taking into account all Series 7 6 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 5 Preferred Limited Partnership Units has been provided and all Series 8 5 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 6 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 6 Preferred Limited Partnership Units will automatically be reclassified into Series 8 5 Preferred Limited Partnership Units on the basis of one (1) Series 8 5 Preferred Limited Partnership Unit for each Series 7 6 Preferred Limited Partnership Unit on the applicable Series 7 6 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 6 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 6 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 9 Reclassification Date less than 1,000,000 Series 7 9 Preferred Limited Partnership Units after taking into account all Series 7 9 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 10 Preferred Limited Partnership Units has been provided and all Series 8 10 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 9 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 9 Preferred Limited Partnership Units will automatically be reclassified into Series 8 10 Preferred Limited Partnership Units on the basis of one (1) Series 8 10 Preferred Limited Partnership Unit for each Series 7 9 Preferred Limited Partnership Unit on the applicable Series 7 9 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 9 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 9 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 14 Reclassification Date less than 1,000,000 Series 7 14 Preferred Limited Partnership Units after taking into account all Series 7 14 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 13 Preferred Limited Partnership Units has been provided and all Series 8 13 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 14 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 14 Preferred Limited Partnership Units will automatically be reclassified into Series 8 13 Preferred Limited Partnership Units on the basis of one (1) Series 8 13 Preferred Limited Partnership Unit for each Series 7 14 Preferred Limited Partnership Unit on the applicable Series 7 14 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 14 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 14 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 16 Reclassification Date less than 1,000,000 Series 7 16 Preferred Limited Partnership Units after taking into account all Series 7 16 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 15 Preferred Limited Partnership Units has been provided and all Series 8 15 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 16 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 16 Preferred Limited Partnership Units will automatically be reclassified into Series 8 15 Preferred Limited Partnership Units on the basis of one (1) Series 8 15 Preferred Limited Partnership Unit for each Series 7 16 Preferred Limited Partnership Unit on the applicable Series 7 16 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 16 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 16 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 11 Reclassification Date less than 1,000,000 Series 7 11 Preferred Limited Partnership Units after taking into account all Series 7 11 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 12 Preferred Limited Partnership Units has been provided and all Series 8 12 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 11 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 11 Preferred Limited Partnership Units will automatically be reclassified into Series 8 12 Preferred Limited Partnership Units on the basis of one (1) Series 8 12 Preferred Limited Partnership Unit for each Series 7 11 Preferred Limited Partnership Unit on the applicable Series 7 11 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 11 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 11 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 5 Reclassification Date less than 1,000,000 Series 7 5 Preferred Limited Partnership Units after taking into account all Series 7 5 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 6 Preferred Limited Partnership Units has been provided and all Series 8 6 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 5 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 5 Preferred Limited Partnership Units will automatically be reclassified into Series 8 6 Preferred Limited Partnership Units on the basis of one (1) Series 8 6 Preferred Limited Partnership Unit for each Series 7 5 Preferred Limited Partnership Unit on the applicable Series 7 5 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 5 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 5 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 6 Reclassification Date less than 1,000,000 Series 7 6 Preferred Limited Partnership Units after taking into account all Series 7 6 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 5 Preferred Limited Partnership Units has been provided and all Series 8 5 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 6 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 6 Preferred Limited Partnership Units will automatically be reclassified into Series 8 5 Preferred Limited Partnership Units on the basis of one (1) Series 8 5 Preferred Limited Partnership Unit for each Series 7 6 Preferred Limited Partnership Unit on the applicable Series 7 6 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 6 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 6 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 13 Reclassification Date less than 1,000,000 Series 7 13 Preferred Limited Partnership Units after taking into account all Series 7 13 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 14 Preferred Limited Partnership Units has been provided and all Series 8 14 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 13 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 13 Preferred Limited Partnership Units will automatically be reclassified into Series 8 14 Preferred Limited Partnership Units on the basis of one (1) Series 8 14 Preferred Limited Partnership Unit for each Series 7 13 Preferred Limited Partnership Unit on the applicable Series 7 13 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 13 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 13 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 10 Reclassification Date less than 1,000,000 Series 7 10 Preferred Limited Partnership Units after taking into account all Series 7 10 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 9 Preferred Limited Partnership Units has been provided and all Series 8 9 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 10 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 10 Preferred Limited Partnership Units will automatically be reclassified into Series 8 9 Preferred Limited Partnership Units on the basis of one (1) Series 8 9 Preferred Limited Partnership Unit for each Series 7 10 Preferred Limited Partnership Unit on the applicable Series 7 10 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 10 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 10 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 9 Reclassification Date less than 1,000,000 Series 7 9 Preferred Limited Partnership Units after taking into account all Series 7 9 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 10 Preferred Limited Partnership Units has been provided and all Series 8 10 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 9 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 9 Preferred Limited Partnership Units will automatically be reclassified into Series 8 10 Preferred Limited Partnership Units on the basis of one (1) Series 8 10 Preferred Limited Partnership Unit for each Series 7 9 Preferred Limited Partnership Unit on the applicable Series 7 9 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 9 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 9 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 12 Reclassification Date less than 1,000,000 Series 7 12 Preferred Limited Partnership Units after taking into account all Series 7 12 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 11 Preferred Limited Partnership Units has been provided and all Series 8 11 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 12 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 12 Preferred Limited Partnership Units will automatically be reclassified into Series 8 11 Preferred Limited Partnership Units on the basis of one (1) Series 8 11 Preferred Limited Partnership Unit for each Series 7 12 Preferred Limited Partnership Unit on the applicable Series 7 12 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 12 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 12 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 15 Reclassification Date less than 1,000,000 Series 7 15 Preferred Limited Partnership Units after taking into account all Series 7 15 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 16 Preferred Limited Partnership Units has been provided and all Series 8 16 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 15 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 15 Preferred Limited Partnership Units will automatically be reclassified into Series 8 16 Preferred Limited Partnership Units on the basis of one (1) Series 8 16 Preferred Limited Partnership Unit for each Series 7 15 Preferred Limited Partnership Unit on the applicable Series 7 15 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 15 Preferred Limited Partnership Units at least seven (7) days prior to the Series 7 15 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 12 Reclassification Date less than 1,000,000 Series 7 12 Preferred Limited Partnership Units after taking into account all Series 7 12 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 11 Preferred Limited Partnership Units has been provided and all Series 8 11 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 12 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 12 Preferred Limited Partnership Units will automatically be reclassified into Series 8 11 Preferred Limited Partnership Units on the basis of one (1) Series 8 11 Preferred Limited Partnership Unit for each Series 7 12 Preferred Limited Partnership Unit on the applicable Series 7 12 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 12 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 12 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 11 Reclassification Date less than 1,000,000 Series 7 11 Preferred Limited Partnership Units after taking into account all Series 7 11 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 12 Preferred Limited Partnership Units has been provided and all Series 8 12 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 11 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 11 Preferred Limited Partnership Units will automatically be reclassified into Series 8 12 Preferred Limited Partnership Units on the basis of one (1) Series 8 12 Preferred Limited Partnership Unit for each Series 7 11 Preferred Limited Partnership Unit on the applicable Series 7 11 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 11 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 11 Reclassification Date.

Automatic Reclassification. If the Partnership determines that there would remain Outstanding on a Series 7 4 Reclassification Date less than 1,000,000 Series 7 4 Preferred Limited Partnership Units after taking into account all Series 7 4 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 8 3 Preferred Limited Partnership Units has been provided and all Series 8 3 Preferred Limited Partnership Units in respect of which a notice of reclassification into Series 7 4 Preferred Limited Partnership Units has been provided, then, all, but not part, of the remaining Outstanding Series 7 4 Preferred Limited Partnership Units will automatically be reclassified into Series 8 3 Preferred Limited Partnership Units on the basis of one (1) Series 8 3 Preferred Limited Partnership Unit for each Series 7 4 Preferred Limited Partnership Unit on the applicable Series 7 4 Reclassification Date. The Partnership shall give notice in writing thereof to the Holders of such remaining Series 7 4 Preferred Limited Partnership Units at least seven five (75) days prior to the Series 7 4 Reclassification Date.