Common use of Redemption Distribution Clause in Contracts

Redemption Distribution. A new Subsection 6.2(i) is hereby added to the Partnership Agreement to read as follows: (i) Notwithstanding the foregoing, the General Partner may, in its sole discretion, at any time on or after June 4, 2003, when any Series E Cumulative Redeemable Preferred Stock is outstanding, make one or more special distributions to itself, alone, on account of the Series E Cumulative Redeemable Preferred Interest, for the sole purpose of, and in an amount no greater than such amount as will be used by the General Partner for, redemption of all or any portion of the outstanding Series E Cumulative Redeemable Preferred Stock (any such distribution shall be referred to as a "Series E Cumulative Redeemable Preferred Interest Redemption Distribution"). There shall be no adjustment of the then current Percentage Interests of the Partners on account of any Series E Cumulative Redeemable Preferred Interest Redemption Distribution.