Redemption of Partnership Interests. Subject to the terms and conditions hereof, at the Closing, the Company and the Paired Interest Selling Stockholder shall convey, assign, transfer and deliver to Holdings, and Holdings shall acquire and accept from each of the Company and the Paired Interest Selling Stockholder, free and clear of all Liens (other than any Liens under applicable securities Laws), the Company Partnership Interests and the Selling Stockholder Partnership Interests, respectively, at the Per Partnership Interest Price for an aggregate amount in cash equal to the Redemption Amount.
Redemption of Partnership Interests. A Limited Partner may redeem some or all of such Limited Partner’s Class B Partnership Interests or Class B-1 Partnership Interests in an Exit Exchange or on terms and conditions determined by the General Partner in its sole discretion. Class B Partnership Interests redeemed in exchange for Class B Units shall be cancelled. Class B-1 Partnership Interests redeemed in exchange for Class B-1 Units shall be cancelled. Such redemption of Class B Partnership Interests or Class B-1 Partnership Interests in exchange for Class B Units or Class B-1 Units, as applicable, shall be permitted by the General Partner:
Redemption of Partnership Interests. Notwithstanding the ----------------------------------- provisions of Section 17-702(d) of the Delaware Revised Uniform Partnership Act, upon the Partnership's acquisition of an interest in the Partnership by purchase, redemption or otherwise, the Managing General Partner may determine that any such partnership interests will not be cancelled.
Redemption of Partnership Interests. Each Investor Limited Partner shall have the right, exercised by giving written notice to the Partnership within 180 days following the end of the Compliance Period, to require the Partnership to redeem the Interest in the Partnership of such Investor Limited Partner for a redemption price of $100, whereupon such Investor Limited Partner shall cease to be a Partner and shall have no further rights, duties or obligations with respect to the Partnership or any of the other Partners.
Redemption of Partnership Interests. A Limited Partner may redeem some or all of such Limited Partner’s Class B Partnership Interests in an Exit Exchange or on terms and conditions determined by the General Partner in its sole discretion. Class B Partnership Interests redeemed in exchange for Class B Units shall be cancelled. Such redemption of Class B Partnership Interests in exchange for Class B Units shall be permitted by the General Partner:
Redemption of Partnership Interests
