Good Reason means either: # any failure by the Company or the Operating Partnership to obtain a satisfactory agreement from any successor to the Company or the Operating Partnership to assume and agree to perform the Company’s or the Operating Partnership’s obligations under this Agreement; or # any material breach of this Agreement of any nature whatsoever by the Company or the Operating Partnership.

STRATEGIC STORAGE OPERATING PARTNERSHIP VI, L.P., a Delaware limited partnership

“Operating Documents” means with respect to any corporation, limited liability company, partnership, limited partnership, limited liability partnership or other legally authorized incorporated or unincorporated entity, the bylaws, operating agreement, partnership agreement, limited partnership agreement, shareholder agreement or other applicable documents relating to the operation, governance or management of such entity.

OP Units means the units of limited partnership interest in the Operating Partnership

Tier Operating Partnership LP

Available Partnership Units. The Company will reserve and keep available at all times, free of preemptive or other similar rights or contractual encumbrances (except for any preemptive rights held by the Purchaser), the maximum number of Warrant Units issuable upon exercise of the Warrants.

Formation of Partnership. The parties hereto agree to form and by execution of this Agreement do hereby enter into a limited partnership pursuant to Chapter 620, et seq., of the Florida Statutes, entitled “Uniform Limited Partnership Act” (“Law”) which Law shall govern the rights and liabilities of the parties hereto, except as otherwise herein expressly stated.

Term of Partnership. The Partnership shall commence on the date that this Agreement has been filed in accordance with the provision of the Law and shall continue until the earlier of the following:

“Partnership” means ​ Operating Partnership, L.P., a Texas limited partnership formed to own and operate Properties and other Permitted Investments on behalf of the Company.

serving as an advisor to the Company and the Operating Partnership with respect to the establishment and periodic review of the Investment Guidelines for the Company’s and the Operating Partnership’s investments, financing activities and operations;