Redemption Clause Example with 7 Variations from Business Contracts

This page contains Redemption clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Redemption. In connection with any redemption by the General Partner of any shares of Series A Preferred Stock pursuant to Sections 5, 6, 7, 8 or 9 of the Articles Supplementary, the Partnership shall redeem, on the date of such redemption, an equal number of Series A Preferred Units held by the General Partner. As consideration for the redemption of such Series A Preferred Units, the Partnership shall deliver to the General Partner (i) an amount of cash equal to the amount of cash, if any, paid by the Gene...ral Partner to the holder of such shares of Series A Preferred Stock in connection with the redemption thereof and (ii) a number of Common Units equal to the number of shares of Common Stock, if any, issued by the General Partner to the holder of such shares of Series A Preferred Stock in connection with the redemption thereof. View More
Found in Bluerock Residential Growth REIT, Inc. contract

Variations of a "Redemption" Clause from Business Contracts

Redemption. (a) The Series B Preferred Units are not redeemable except as otherwise provided in this Section 7. (b) In connection with any redemption by the General Partner of any shares of Series A B Preferred Stock pursuant to Sections 5, 6, 7, 8 or 9 Section 6 of the Articles Supplementary, the Partnership shall redeem, on the date of such redemption, an equal number of Series A B Preferred Units held by the General Partner. As consideration for the redemption of such Series A B Preferred Units, the Part...nership shall deliver to the General Partner (i) an amount of cash equal to the amount of cash, if any, cash paid by the General Partner to the holder of such shares of Series A Preferred Stock in connection with the redemption thereof and (ii) a number of Common Units equal to the number of shares of Common Stock, if any, issued by the General Partner to the holder of such shares of Series A B Preferred Stock in connection with the redemption thereof. 7 8. Voting Rights. Holders of the Series B Preferred Units will not have any voting rights. View More
Found in Cherry Hill Mortgage Investment Corp contract
Redemption. In connection with any redemption by the General Partner of any shares of Series A C Preferred Stock pursuant to Sections 5, 6, 7, 8 or 9 of the Articles Supplementary, the Partnership shall redeem, on the date of such redemption, an equal number of Series A C Preferred Units held by the General Partner. As consideration for the redemption of such Series A C Preferred Units, the Partnership shall deliver to the General Partner (i) an amount of cash equal to the amount of cash, if any, paid by th...e General Partner to the holder of such shares of Series A C Preferred Stock in connection with the redemption thereof and (ii) a number of Common Units equal to the number of shares of Common Stock, if any, issued by the General Partner to the holder of such shares of Series A C Preferred Stock in connection with the redemption thereof. 5 8. Voting Rights. Holders of the Series C Preferred Units will not have any voting rights. View More
Found in Bluerock Residential Growth REIT, Inc. contract
Redemption. In connection with any redemption by the General Partner of any shares of Series A B Preferred Stock pursuant to Sections 5, 6, 7, 7 or 8 or 9 of the Articles Supplementary, the Partnership shall redeem, on the date of such redemption, an equal number of Series A B Preferred Units held by the General Partner. As consideration for the redemption of such Series A B Preferred Units, the Partnership shall deliver to the General Partner (i) an amount of cash equal to the amount of cash, if any, paid ...by the General Partner to the holder of such shares of Series A B Preferred Stock in connection with the redemption thereof and (ii) a number of Common Units equal to the number of shares of Common Stock, if any, issued by the General Partner to the holder of such shares of Series A B Preferred Stock in connection with the redemption thereof. View More
Found in Bluerock Residential Growth REIT, Inc. contract
Redemption. In connection with any redemption by the General Partner of any shares of Series A D Preferred Stock pursuant to Sections 5, 6, 7, 8 8, 9 or 9 10 of the Articles Supplementary, the Partnership shall redeem, on the date of such redemption, an equal number of Series A D Preferred Units held by the General Partner. As consideration for the redemption of such Series A D Preferred Units, the Partnership shall deliver to the General Partner (i) an amount of cash equal to the amount of cash, if any, pa...id by the General Partner to the holder of such shares of Series A D Preferred Stock in connection with the redemption thereof and (ii) a number of Partnership Common Units equal to the number of shares of Common Stock, if any, issued by the General Partner to the holder of such shares of Series A D Preferred Stock in connection with the redemption thereof. View More
Found in Wheeler Real Estate Investment Trust, Inc. contract
Redemption. In connection with any redemption by the General Partner of any shares of Series A B Preferred Stock pursuant to Sections 5, 6, 7, 8 or 9 of the Articles Supplementary, the Partnership shall redeem, on the date of such redemption, an equal number of Series A B Preferred Units held by the General Partner. As consideration for the redemption of such Series A B Preferred Units, the Partnership shall deliver to the General Partner (i) an amount of cash equal to the amount of cash, if any, paid by th...e General Partner to the holder of such shares of Series A B Preferred Stock in connection with the redemption thereof and (ii) a number of Common Units equal to the number of shares of Common Stock, if any, issued by the General Partner to the holder of such shares of Series A B Preferred Stock in connection with the redemption thereof. View More
Found in Bluerock Residential Growth REIT, Inc. contract
Redemption. (a) The Series A Preferred Units are not redeemable except as otherwise provided in this Section 7. 5 (b) In connection with any redemption by the General Partner of any shares of Series A Preferred Stock pursuant to Sections 5, 6, 7, 8 or 9 Section 6 of the Articles Supplementary, the Partnership shall redeem, on the date of such redemption, an equal number of Series A Preferred Units held by the General Partner. As consideration for the redemption of such Series A Preferred Units, the Partners...hip shall deliver to the General Partner (i) an amount of cash equal to the amount of cash, if any, cash paid by the General Partner to the holder of such shares of Series A Preferred Stock in connection with the redemption thereof and (ii) a number of Common Units equal to the number of shares of Common Stock, if any, issued by the General Partner to the holder of such shares of Series A Preferred Stock in connection with the redemption thereof. View More
Found in Cherry Hill Mortgage Investment Corp contract
Redemption. In connection with any redemption by the General Partner of any shares of Series A T Preferred Stock pursuant to Sections 5, 6, 7, 8 or 9 of the Articles Supplementary, the Partnership shall redeem, on the date of such redemption, an equal number of Series A T Preferred Units held by the General Partner. As consideration for the redemption of such Series A T Preferred Units, the Partnership shall deliver to the General Partner (i) an amount of cash equal to the amount of cash, if any, paid by th...e General Partner to the holder of such shares of Series A T Preferred Stock in connection with the redemption thereof and (ii) a number of Common Units equal to the number of shares of Common Stock, if any, issued by the General Partner to the holder of such shares of Series A T Preferred Stock in connection with the redemption thereof. 5 8. Voting Rights. Holders of the Series T Preferred Units will not have any voting rights. View More
Found in Bluerock Residential Growth REIT, Inc. contract