Common use of Redemption Rights Clause in Contracts

Redemption Rights. A. On or after the date one year after the Effective Date, each Limited Partner shall have the right (subject to the terms and conditions set forth herein) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "Tendered Units") in exchange for the Cash Amount (a "Redemption"); provided that, the terms of such Partnership Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Units shall be entitled to a right of Redemption hereunder. Notwithstanding the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "Tendering Partner"). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of Redemption.

Redemption Rights. A. On or after (i) the date one year after first anniversary of the Effective Date, with respect to the Partnership Units acquired on or contemporaneously with the Effective Date, or (ii) the date of issuance of any other Partnership Units, or on or after such later date as expressly provided in an agreement entered into between the Partnership and any Limited Partner, each Limited Partner shall have the right (subject to the terms and conditions set forth hereinherein and in any other such agreement, as applicable) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "“Tendered Units"”) in exchange for the Cash Amount (a "“Redemption"”); provided that, that the terms of such Partnership Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or in a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Units shall be entitled to a right of Redemption hereunder. Notwithstanding The Tendering Partner shall have no right, with respect to any Partnership Units so redeemed, to receive any distributions paid on or after the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Specified Redemption Date. Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "“Tendering Partner"”). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of Redemption.

Redemption Rights. A. On or after the date one year fourteen (14) months after (i) the Effective Date, with respect to the Partnership Units acquired prior to, on or contemporaneously with the Effective Date, (ii) the Option Agreement Effective Date, with respect to the Partnership Units received pursuant to the Option Agreement, (iii) the ROFO Agreement Effective Date, with respect to the Partnership Units received pursuant to the ROFO Agreement, and (iv) the date of issuance of any other Partnership Units, in each case, other than Profits Interest Units and except to the extent a different date is expressly provided in an agreement entered into between the Partnership and any Limited Partner, each Limited Partner shall have the right (subject to the terms and conditions set forth hereinherein and in any other such agreement, as applicable) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "“Tendered Units"”) in exchange for the Cash Amount (a "“Redemption"”); provided that, that the terms of such Partnership Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or in a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Common Units shall be entitled to a right of Redemption hereunder. Notwithstanding The Tendering Partner shall have no right, with respect to any Partnership Units so redeemed, to receive any distributions paid on or after the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Specified Redemption Date. Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "“Tendering Partner"”). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of RedemptionDate, except as provided below.

Redemption Rights. A. On or after the date one year fourteen (14) months after the Effective Date, with respect to the Partnership Units acquired on or contemporaneously with the Effective Date, or on or after such later date as expressly provided in an agreement entered into between the Partnership and any Limited Partner, each Limited Partner shall have the right (subject to the terms and conditions set forth herein, including without limitation Section 4.4.B, and in any other such agreement, as applicable) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "“Tendered Units"”) in exchange return for the Cash Amount (a "“Redemption"”); provided that, that the terms of such Partnership Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or in a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Units shall be entitled to a right of Redemption hereunder. Notwithstanding The Tendering Partner shall have no right, with respect to any Partnership Units so redeemed, to receive any distributions paid on or after the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Specified Redemption Date. Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "“Tendering Partner"”). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of RedemptionDate.

Redemption Rights. A. (a) On or after the date that is (i) with respect to a Limited Partner that is a MissionPoint Party (as defined in the Registration Rights Agreement), 180 days following the completion of the General Partner’s initial public offering of REIT Shares and (ii) with respect to a Limited Partner that is not a MissionPoint Party, one year after following the completion of the General Partner’s initial public offering of REIT Shares, with respect to the OP Units (including any LTIP Units that are converted into OP Units) acquired on the Effective Date, each Limited Partner shall have the right (subject to the terms and conditions set forth hereinherein and in any other such agreement, as applicable) to require cause the Partnership to redeem purchase all or a portion of the Partnership OP Units held by such Limited Partner (such Partnership OP Units being hereafter referred to as "“Tendered Units"”) in exchange for the Cash Amount (a "“Redemption"); provided that, ”) unless the terms of such Partnership OP Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or a separate agreement entered into between the Partnership and the holders holder of such Partnership Units, all Partnership OP Units shall be provide that such OP Units are not entitled to a right of Redemption. The Tendering Partner shall have no right, with respect to any OP Units so redeemed, to receive any distributions paid on or after the Specified Redemption hereunderDate. Notwithstanding the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "“Tendering Partner"”). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of on the Specified Redemption Date in accordance with the instructions set forth in the Notice of RedemptionDate.

Redemption Rights. A. On or after the date one year two years after the Effective Date, each Limited Partner shall have the right (subject to the terms and conditions set forth herein) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "Tendered Units") in exchange for the Cash Amount (a "Redemption"); , provided that, that the terms of such Partnership Units do not provide -------- that such Partnership Units are not entitled to a right of Redemption; provided, -------- that, Partnership Units subject to that Pledge Agreement shall, to the extent the pledgee thereunder is entitled to exercise remedies thereunder, be subject to redemption prior to the date two years after the Effective Date. Unless otherwise expressly provided in this Agreement or a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Units shall be entitled to a right of Redemption hereunder. Notwithstanding the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "Tendering Partner"). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of Redemption.

Redemption Rights. A. On or after the date one year fourteen (14) months after (i) the Effective Date, with respect to the Partnership Units acquired on or contemporaneously with the Effective Date, or on or after such later date as expressly provided in an agreement entered into between the Partnership and any Limited Partner, each Limited Partner shall have the right (subject to the terms and conditions set forth hereinherein and in any other such agreement, as applicable) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "“Tendered Units"”) in exchange for the Cash Amount (a "“Redemption"”); provided that, that the terms of such Partnership Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or in a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Units shall be entitled to a right of Redemption hereunder. Notwithstanding The Tendering Partner shall have no right, with respect to any Partnership Units so redeemed, to receive any distributions paid on or after the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Specified Redemption Date. Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "“Tendering Partner"”). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of RedemptionDate.

Redemption Rights. A. On or after the date one year twelve (12) months after (i) the Effective Date, with respect to the Partnership Units acquired on or contemporaneously with the Effective Date (including, without limitation, those Partnership Units set forth on Exhibit A), or on or after such later date as expressly provided in an agreement entered into between the Partnership and any Limited Partner, each Limited Partner shall have the right (subject to the terms and conditions set forth hereinherein and in any other such agreement, as applicable) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "“Tendered Units"”) in exchange for the Cash Amount (a "“Redemption"”); provided that, that the terms of such Partnership Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or in a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Units shall be entitled to a right of Redemption hereunder. Notwithstanding The Tendering Partner shall have no right, with respect to any Partnership Units so redeemed, to receive any distributions paid on or after the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Specified Redemption Date. Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "“Tendering Partner"”). The Subject to Section 8.6.F.(3), the Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of RedemptionDate.

Redemption Rights. A. On or after the date one year after first anniversary of the Effective Date, with respect to the Partnership Units acquired on or contemporaneously with the Effective Date, or (ii) the date of issuance of any other Partnership Units, or on or after such later date as expressly provided in an agreement entered into between the Partnership and any Limited Partner, each Limited Partner shall have the right (subject to the terms and conditions set forth hereinherein and in any other such agreement, as applicable) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "Tendered Units") in exchange for the Cash Amount (a "Redemption"); provided that, that the terms of such Partnership Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or in a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Units shall be entitled to a right of Redemption hereunder. Notwithstanding The Tendering Partner shall have no right, with respect to any Partnership Units so redeemed, to receive any distributions paid on or after the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Specified Redemption Date. Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "Tendering Partner"). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of Redemption.

Redemption Rights. A. On or after (i) the date one year after first anniversary of the Effective Date, with respect to the Partnership Units acquired on or contemporaneously with the Effective Date, or (ii) the date of issuance of any other Partnership Units, or on or after such later date as expressly provided in an agreement entered into between the Partnership and any Limited Partner, each Limited Partner shall have the right (subject to the terms and conditions set forth hereinherein and in any other such agreement, as applicable) to require the Partnership to redeem all or a portion of the Partnership Units held by such Limited Partner (such Partnership Units being hereafter referred to as "Tendered Units") in exchange for the Cash Amount (a "Redemption"); provided that, that the terms of such Partnership Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or in a separate agreement entered into between the Partnership and the holders of such Partnership Units, all Partnership Units shall be entitled to a right of Redemption hereunder. Notwithstanding The Tendering Partner shall have no right, with respect to any Partnership Units so redeemed, to receive any distributions paid on or after the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Specified Redemption Date. Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "Tendering Partner"). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of the Specified Redemption Date in accordance with the instructions set forth in the Notice of Redemption.

Redemption Rights. A. (a) On or after the date that is (i) with respect to a Limited Partner that is a MissionPoint Party (as defined in the Registration Rights Agreement), 180 days following the completion of the Parent’s initial public offering of Parent Shares and (ii) with respect to a Limited Partner that is not a MissionPoint Party, one year after following the completion of the Parent’s initial public offering of Parent Shares, with respect to the OP Units (including any LTIP Units that are converted into OP Units) acquired on the Effective Date, each Limited Partner shall have the right (subject to the terms and conditions set forth hereinherein and in any other such agreement, as applicable) to require cause the Partnership to redeem purchase all or a portion of the Partnership OP Units held by such Limited Partner (such Partnership OP Units being hereafter referred to as "“Tendered Units"”) in exchange for the Cash Amount (a "“Redemption"); provided that, ”) unless the terms of such Partnership OP Units do not provide that such Partnership Units are not entitled to a right of Redemption. Unless otherwise expressly provided in this Agreement or a separate agreement entered into between the Partnership and the holders holder of such Partnership Units, all Partnership OP Units shall be provide that such OP Units are not entitled to a right of Redemption. The Tendering Partner shall have no right, with respect to any OP Units so redeemed, to receive any distributions paid on or after the Specified Redemption hereunderDate. Notwithstanding the foregoing, a PLP shall not have the right to require the Partnership to redeem, and the Partnership may not redeem, [(i)] a number of Performance Units held by such PLP in excess of the Performance Amount; [or (ii) any Performance Units prior to the second anniversary of their issuance.] Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the General Partner by the Limited Partner who is exercising the right (the "“Tendering Partner"”). The Cash Amount shall be delivered as a certified check payable to the Tendering Partner within ten (10) days of on the Specified Redemption Date in accordance with the instructions set forth in the Notice of RedemptionDate.