Redemption Rights. Notwithstanding anything to the contrary in the Partnership Agreement, Membership Units which are acquired upon the conversion of the LTIP Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 15.1 of the Partnership Agreement within two (2) years following the date of the issuance of such LTIP Units.
Appears in 5 contracts
Samples: Retentive Ltip Unit Agreement (Healthpeak Properties, Inc.), Retentive Ltip Unit Agreement (Healthpeak Properties, Inc.), Retentive Ltip Unit Agreement (Healthpeak Properties, Inc.)
Redemption Rights. Notwithstanding anything to the contrary terms in the Partnership Agreement, Membership Partnership Units which are acquired upon the conversion of the LTIP Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 15.1 8.04 of the Partnership Agreement within two (2) years following of the date of the issuance of such LTIP Units.
Appears in 4 contracts
Samples: Time Based Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.), Time Based Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.), Time Based Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.)
Redemption Rights. Notwithstanding anything to the contrary in the Partnership Agreement, Membership Units which are acquired upon the conversion of the Performance LTIP Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 15.1 of the Partnership Agreement within two (2) years following the date of the issuance of such Performance LTIP Units.
Appears in 3 contracts
Samples: Ltip Unit Agreement (Healthpeak Properties, Inc.), Ltip Unit Agreement (Healthpeak Properties, Inc.), Ltip Unit Agreement (Healthpeak Properties, Inc.)
Redemption Rights. Notwithstanding anything to the contrary terms in the Partnership Agreement, Membership Partnership Common Units which are acquired upon the conversion of the LTIP Units pursuant to Section 16.9 of the Partnership Agreement shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 15.1 of the Partnership Agreement within two twelve (212) years following months of the date of the issuance conversion of such LTIP Units.
Appears in 2 contracts
Samples: Time Based Ltip Unit Agreement (Workspace Property Trust), Performance Based Ltip Unit Agreement (Workspace Property Trust)
Redemption Rights. Notwithstanding anything to the contrary terms in the Partnership Agreement, Membership Partnership Units which are acquired upon the conversion of the LTIP Units shall not, without the consent of the Partnership (which may be given or withheld in its sole discretion), be redeemed pursuant to Section 15.1 8.04 of the Partnership Agreement within two (2) years following of the date of the issuance of such LTIP Units. 1 NTD: Include if applicable.
Appears in 1 contract
Samples: Time Based Ltip Unit Agreement (Xenia Hotels & Resorts, Inc.)
