Common use of Limitation on Redemption Clause in Contracts

Limitation on Redemption. (i) The Series B Redemption Price of the Series B Preferred Units (other than the portion thereof consisting of accumulated but unpaid distributions) will be payable solely out of the sale proceeds of capital stock of the General Partner, which will be contributed by the General Partner to the Partnership as an additional capital contribution, or out of the sale of limited partner interests in the Partnership and from no other source. For purposes of the preceding sentence, "

Appears in 1 contract

Samples: National Golf Properties Inc

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Limitation on Redemption. (i) The Series B Redemption Price of the Series B D Preferred Units (other than the portion thereof consisting of accumulated but unpaid distributions) will be payable solely out of the sale proceeds of capital stock of the General Partner, which will be contributed by the General Partner to the Partnership as an additional capital contribution, or out of the sale of limited partner interests in the Partnership and from no other source. For purposes of the preceding sentence, "

Appears in 1 contract

Samples: Liberty Property Limited Partnership

Limitation on Redemption. (i) The Series B Redemption Price of the Series B Preferred Units (other than the portion thereof consisting of accumulated but unpaid distributions) will be is payable solely out of the sale proceeds of capital stock of the General Partner, which will be contributed by the General Partner to the Partnership as an additional capital contribution, or out of the sale of limited partner interests in the Partnership and from no other source. For purposes of the preceding sentence, "other

Appears in 1 contract

Samples: Amb Property Corp

Limitation on Redemption. (i) The Series B Redemption Price of the Series B C Preferred Units (other than the portion thereof consisting of attributable to accumulated but unpaid distributions) will be payable solely out of the sale proceeds of capital stock of the General Partner, which will be Company that are contributed by the General Partner Company to the Partnership as an additional capital contributioncontributions, or out of the sale of limited partner interests in the Partnership Interests, and from no other source. For purposes of the preceding sentence, "

Appears in 1 contract

Samples: Summit Properties Partnership L P

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Limitation on Redemption. (i) The Series B Redemption Price of the Series B Preferred Units (other than the portion thereof consisting of accumulated but unpaid distributions) will be payable solely out of the sale proceeds of capital stock of the General Partner, which will be contributed by the General Partner to the Partnership as an additional capital contribution, or out of the sale of limited partner interests in the Partnership and from no other source. For purposes of the preceding sentence, "

Appears in 1 contract

Samples: Liberty Property Limited Partnership

Limitation on Redemption. (i) The Series B D Redemption Price of the Series B D Preferred Units (other than the portion thereof consisting of accumulated but unpaid distributions) will be payable solely out of the sale proceeds of capital stock of the General Partner, which will be contributed by the General Partner to the Partnership as an additional capital contribution, or out of the sale of limited partner interests in the Partnership and from no other source. For purposes of the preceding sentence, "

Appears in 1 contract

Samples: Kilroy Realty Corp

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