Examples of OP Unit Redemption Right in a sentence
A Limited Partner may not exercise the OP Unit Redemption Right for less than one thousand (1,000) OP Units or, if such Limited Partner holds less than one thousand (1,000) OP Units, all of the OP Units held by such Limited Partner.
The OP Unit Redemption Right provided to Limited Partners under Section 8.04 hereof shall not apply with respect to LTIP Units unless and until the LTIP Units are converted to OP Units as provided in clause (v) below and Section 13.02.
The OP Unit Redemption Right provided to Limited Partners under Section 8.04 hereof shall not apply with respect to Class B Units unless and until the Class B Units are converted to OP Units as provided in Section 12.04.
The OP Unit Redemption Right provided to Limited Partners under Section 8.04 hereof shall not apply with respect to Class B Units unless and until the Class B Units are converted to OP Units as provided in Section 15.04.
To instruct and activate enterprises within their managerial authority to commence formulating plans on assigning capital in accordance with this Decision; and they shall be liable before the Government and Prime Minister for any tardiness in formulating a schedule for assigning capital as approved.
Any OP Unit Redemption Right shall be exercised pursuant to a Notice of Redemption delivered to the Partnership (with a copy to the REIT General Partner) by the Limited Partner exercising the OP Unit Redemption Right (the “Tendering Party”).
Any OP Unit Redemption Right shall be exercised pursuant to a Notice of Redemption delivered to the Partnership (with a copy to the General Partner) by the Limited Partner exercising the OP Unit Redemption Right (the “Tendering Party”).
The Advisors Limited Partner shall not be permitted to exercise the OP Unit Redemption Right unless and until such Partner does not have a deficit balance in its Capital Account.
Any other documents as the General Partner may reasonably require in connection with the issuance of REIT Shares upon the exercise of the OP Unit Redemption Right.
For example, Western Canada’s Federated Co-operatives Limited, among other industries, operates an oil and gas business that includes re- fining, distribution, and retail.60 Illustrating the public-interest/ private-interest distinctionThe normal left-right divide of public owner-The public-interest/private-interest distinc- tion enables a focus on the issue of organization- al mandate.