Common use of Grant of Redemption Rights Clause in Contracts

Grant of Redemption Rights. (a) Upon the terms and subject to the conditions contained herein, the Partnership does hereby grant to each Contributing Party, and such Contributing Party does hereby accept, the right, but without obligation on the part of such Contributing Party, to require the Partnership to redeem from time to time part or all of the Common Units of such Contributing Party for the Cash Purchase Price with respect to such Common Units ("Redemption Rights").

Appears in 4 contracts

Samples: Agreement and Plan of Merger (General Growth Properties Inc), Agreement and Plan of Merger (Price Development Co Lp), Redemption Rights Agreement (General Growth Properties Inc)

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Grant of Redemption Rights. (a) Upon the terms and subject to the conditions contained herein, the Partnership does hereby grant to each Contributing Party, and such Contributing Party does hereby accept, the right, but without obligation on the part of such Contributing Party, to require the Partnership to redeem from time to time part or all of the Common Series B Preferred Units of such Contributing Party for the Cash Purchase Price with respect to such Common Series B Preferred Units ("Redemption Rights").

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Price Development Co Lp), Redemption Rights Agreement (General Growth Properties Inc), Agreement and Plan of Merger (General Growth Properties Inc)

Grant of Redemption Rights. (a) Upon the terms and subject to the conditions contained herein, the Partnership does hereby grant to each the Contributing Party, and such the Contributing Party does hereby accept, the right, but without obligation on the part of such the Contributing Party, to require the Partnership to redeem from time to time part or all of the Common Units of such the Contributing Party for the Cash Purchase Price with respect to such Common Units ("Redemption Rights").

Appears in 3 contracts

Samples: Redemption Rights Agreement (General Growth Properties Inc), Redemption Rights Agreement (General Growth Properties Inc), Redemption Rights Agreement (General Growth Properties Inc)

Grant of Redemption Rights. (a) Upon the terms and subject to the conditions contained herein, the Partnership does hereby grant to each the Contributing Party, and such the Contributing Party does hereby accept, the right, but without obligation on the part of such the Contributing Party, to require the Partnership to redeem from time to time part or all of the Common Series C Preferred Units of such the Contributing Party for the Cash Purchase Price with respect to such Common Series C Preferred Units ("Redemption Rights").

Appears in 1 contract

Samples: Redemption Rights Agreement (General Growth Properties Inc)

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Grant of Redemption Rights. (a) Upon the terms and subject to the conditions contained herein, the Partnership does hereby grant to each the Contributing Party, and such the Contributing Party does hereby accept, the right, but without obligation on the part of such the Contributing Party, to require the Partnership to redeem from time to time part or all of the Subject Common Units of such the Contributing Party for the Cash Purchase Price with respect to such Subject Common Units ("Redemption Rights").

Appears in 1 contract

Samples: Redemption Rights Agreement (General Growth Properties Inc)

Grant of Redemption Rights. (a) Upon the terms and subject to the conditions contained herein, the Partnership does hereby grant to each the Contributing Party, and such the Contributing Party does hereby accept, the right, but without obligation on the part of such the Contributing Party, to require the Partnership to redeem from time to time part or all of the Common Units of such the Contributing Party for the Cash Purchase Price with respect to such Common Units ("β€œRedemption Rights"”).

Appears in 1 contract

Samples: Redemption Rights Agreement (General Growth Properties Inc)

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