Common use of Conversion by the Partnership Clause in Contracts

Conversion by the Partnership. i. On and after September 30, 2017, if and when AH4R exercises its option to convert 5.000% Series A Participating Preferred Shares as provided in Section 11(a) of the Articles Supplementary, the Partnership will convert all (no partial conversions are permitted) of the 5.000% Series A Participating Preferred Units into Class A Units in the Partnership in accordance with this Section 9.

Appears in 2 contracts

Samples: American Homes 4 Rent, American Homes 4 Rent

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Conversion by the Partnership. i. On and after After September 30, 2017, if and when AH4R exercises its option to convert 5.000% Series A B Participating Preferred Shares as provided in Section 11(a) of the Articles Supplementary, the Partnership will convert all (no partial conversions are permitted) of the 5.000% Series A B Participating Preferred Units into Class A Units in the Partnership in accordance with this Section 9.

Appears in 2 contracts

Samples: American Homes 4 Rent, American Homes 4 Rent

Conversion by the Partnership. i. On and after September 30After March 31, 20172018, if and when AH4R exercises its option to convert 5.0005.500% Series A C Participating Preferred Shares as provided in Section 11(a) of the Articles Supplementary, the Partnership will convert all (no partial conversions are permitted) of the 5.0005.500% Series A C Participating Preferred Units into Class A Units in the Partnership in accordance with this Section 9.

Appears in 1 contract

Samples: American Homes 4 Rent

Conversion by the Partnership. i. On and after September 30After December 31, 2017, if and when AH4R exercises its option to convert 5.000% Series A B Participating Preferred Shares as provided in Section 11(a) of the Articles Supplementary, the Partnership will convert all (no partial conversions are permitted) of the 5.000% Series A B Participating Preferred Units into Class A Units in the Partnership in accordance with this Section 9.

Appears in 1 contract

Samples: American Homes 4 Rent

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Conversion by the Partnership. i. On and after September 30After March 31, 20172018, if and when AH4R exercises its option to convert 5.000[ ]% Series A C Participating Preferred Shares as provided in Section 11(a) of the Articles Supplementary, the Partnership will convert all (no partial conversions are permitted) of the 5.000[ ]% Series A C Participating Preferred Units into Class A Units in the Partnership in accordance with this Section 9.

Appears in 1 contract

Samples: American Homes 4 Rent

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