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

Redemption at the Option of the Partnership. 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 AO LTIP Units from the holder thereof if and to the extent such holder agrees to sell such units.

Appears in 1 contract

Samples: Vornado Realty Lp

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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 unitsClass AO LTIP Unit.

Appears in 1 contract

Samples: Agreement (Kite Realty Group, L.P.)

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Redemption at the Option of the Partnership. AO Class 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 AO Class O LTIP Units from the holder thereof if and to the extent such holder agrees to sell such units.

Appears in 1 contract

Samples: Sl Green Operating Partnership, L.P.

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