OP Agreement definition

OP Agreement means the agreement of limited partnership of ATA Holdings, as amended and in effect from time to time.

OP Agreement means the agreement of limited partnership of the Operating Partnership, as amended and restated and in effect immediately prior to the closing of the IPO.

OP Agreement means the Amended and Restated Limited Partnership Agreement of Lodging Fund REIT III OP, LP, a Delaware limited partnership, as may be amended.

Examples of OP Agreement in a sentence

• The transfer of the Series T Limited Units to the Contributor shall be evidenced by an amendment (the “Amendment”) to the OP Agreement as determined by the Operating Partnership.

• The term “Transfer” shall not include any redemption of the Series T Limited Units or exchange of the Series T Limited Units for REIT Shares pursuant to Section 9.4 of the OP Agreement.

• The parties shall take such additional actions and execute such additional documentation as may be required by such party’s operating agreement and the OP Agreement in order to effect the transactions contemplated hereby.

• The second sentence in Section 2.11 shall be entirely deleted and replaced with the following, without replacing or deleting any other sentence in Section 2.11: ​ “The Contributor acknowledges that the Series T Limited Units will be converted into Common Limited Units pursuant to the terms in the OP Agreement beginning 36 months, or at the Contributor’s sole option, 48 months (the “Extension”), after issuance to the Contributor and will be valued as set forth on Exhibit D.

• The parties shall take such additional actions and execute such additional documentation as may be required by the Contributor’s entity documents and the OP Agreement, or as reasonably requested by the Operating Partnership in order to effect the transactions contemplated hereby.

More Definitions of OP Agreement

OP Agreement means the Third Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as amended from time to time.

OP Agreement means the Agreement of Limited Partnership of American Assets Trust, L.P., as amended from time to time.

OP Agreement has the meaning set forth in the Recitals.

OP Agreement means the Agreement of Limited Partnership of the Operating Partnership, dated as of May 21, 2019.

OP Agreement means the Agreement of Limited Partnership of City Office Operating Partnership, L.P., as amended from time to time.

OP Agreement means the Agreement of Limited Partnership of Retail Opportunity Investments Partnership, L.P., as amended from time to time.

OP Agreement means the Agreement of Limited Partnership of Xxxxxx Properties, LP, as amended from time to time.