Initial Limited Partner Right of Redemption. (a) In the event that an Affiliate of the Sponsor ceases to be the Advisor, the Initial Limited Partner may require the Partnership to redeem its Limited Partnership Interests in exchange for cash in an amount equal to its Capital Account.
Appears in 4 contracts
Samples: Limited Partnership Agreement (O'Donnell Strategic Industrial REIT, Inc.), Limited Partnership Agreement (O'Donnell Strategic Gateway REIT, Inc.), Limited Partnership Agreement (Steadfast Secure Income REIT, Inc.)