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Redemption
Redemption contract clause examples

Mandatory Redemption. Substantially concurrently with the occurrence of a Change of Control, the Partnership shall redeem all outstanding Class Eleven Partnership Preferred Units at a redemption price payable in cash equal to the Redemption Price.

Optional Redemption. The Designated Senior Preferred Stock is perpetual and has no maturity date. The Issuer may, at its option, redeem the shares of Designated Senior Preferred Stock # in whole or in part, from time to time, on any Dividend Payment Date on or

Optional Redemption. The Partnership may, at its option, redeem Class Eleven Partnership Preferred Units at any time on or after the fifth anniversary of the Issue Date (but not prior to such date), in whole, or from time to time in part, at a redemption price payable in cash equal to the Redemption Price applicable thereto.

Partial Redemption. In case of any redemption of part of the shares of Designated Senior Preferred Stock at the time outstanding, the shares to be redeemed shall equal at least twenty percent (20%) of the number of originally issued shares of Designated Senior Preferred Stock, or all the then-outstanding shares (if the number of shares then outstanding is less than twenty percent (20%) of the number of originally issued shares of Designated Senior Preferred Stock) and, in any such case, the shares to be redeemed shall be selected either pro rata

Redemption Right. Notwithstanding the holding period set forth in [Section 8.5A] of the Agreement, any Common Units received upon conversion of AOLTIP

Redemption. Any redemption made pursuant to the terms of the Subordinated Note shall be made on a pro rata basis, and, for purposes of a redemption processed through DTC, in accordance with its rules and procedures, as a “Pro Rata Pass-Through Distribution of Principal.”

Redemption. The Redemption Right provided to the holders of OP Units under [Section 8.6] hereof shall not apply with respect to LTIP Units unless and until they are converted to OP Units as provided in clause (v) below and [Section 4.7].

Optional Redemption. At any time on or after August 18, 2025, the Company may, at its option and upon 30 days written notice provided to the Holder, elect to redeem the Note (in whole and not in part) and the Holder shall be obligated to surrender the Note, at a redemption price equal to 100% of the outstanding Principal Balance, together with any accrued but unpaid interest thereon to the redemption date. Notwithstanding the preceding or anything in Section 3 to the contrary, after receipt of such redemption notice from the Company, the Holder may, at its option, elect to convert the Principal Balance and accrued interest into Conversion Shares as set forth in Section 3 by giving written notice of such election to the Company no later than 5 days prior to the date fixed for redemption; provided that if the redemption notice is issued after May 31, 2027, the foregoing right of the Holder to elect to convert this Note into Conversion Shares shall not apply.

Partial Redemption. If less than the then outstanding principal amount of this Subordinated Note is redeemed, # a new Subordinated Note shall be issued representing the unredeemed portion without charge to the holder thereof and # such redemption shall be effected on a pro rata basis as to the Noteholders. For purposes of clarity, upon a partial redemption, a like percentage of the principal amount of every Subordinated Note held by every Noteholder shall be redeemed.

Redemption. The Redemption Right provided to the holders of Common Unit under Section 8.6 shall not apply with respect to Vested LTIP Units unless and until they are converted to Common Units as provided in Section 4.7.

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