Common use of OP Unit Clause in Contracts

OP Unit. A unit Units of limited partnership interest in the Operating Partnership.

Appears in 16 contracts

Sources: Advisory Agreement (Moody National REIT I, Inc.), Advisory Agreement (Moody National REIT I, Inc.), Advisory Agreement (Moody National REIT I, Inc.)

OP Unit. A unit of limited partnership interest in the Operating Partnership, other than Special Partnership Units.

Appears in 12 contracts

Sources: Advisory Agreement (Ares Real Estate Income Trust Inc.), Advisory Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.), Advisory Agreement (Ares Real Estate Income Trust Inc.)