Common use of Additional Partnership Interests Clause in Contracts

Additional Partnership Interests. In the event that the Partnership issues Partnership Interests to any Additional Limited Partner pursuant to Article IV hereof and such additional Partnership Interests are, by their terms, to be entitled to the Redemption Right described in this Section 8.5, the General Partner shall make such amendments to this Section 8.5 as it determines are necessary to reflect the issuance of such Partnership Interests (including setting forth any restrictions on the exercise of the Redemption Right with respect to such Partnership Interests).

Appears in 5 contracts

Samples: Limited Partnership Agreement (Clipper Realty Inc.), www.sec.gov, Limited Partnership Agreement (Forest City Enterprises Inc)

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