Common use of Redemption at the Option of the Partnership Clause in Contracts

Redemption at the Option of the Partnership. Class AO LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from repurchasing Class AO LTIP Units from the holder thereof if and to the extent such holder agrees to sell such Class AO LTIP Unit.

Redemption at the Option of the Partnership. Unless otherwise specified in the relevant Vesting Agreement, Class AO LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from (i) repurchasing Class AO LTIP Units from the holder thereof if and to the extent such holder agrees to sell such Class AO LTIP UnitUnits or (ii) from exercising its LTIP Unit Forced Conversion right.

Redemption at the Option of the Partnership. Class AO LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from repurchasing Class AO LTIP Units from the holder thereof if and to the extent such holder agrees to sell such Class AO LTIP Unitunits.

Redemption at the Option of the Partnership. Class AO O LTIP Units will not be redeemable at the option of the Partnership; provided, however, that the foregoing shall not prohibit the Partnership from repurchasing Class AO O LTIP Units from the holder thereof if and to the extent such holder agrees to sell such Class AO LTIP Unitunits.