NOTICE OF EXERCISE OF REDEMPTION RIGHT Sample Clauses
The "Notice of Exercise of Redemption Right" clause defines the process by which a party formally notifies the other party of its intention to redeem, or buy back, certain securities or interests as permitted under the agreement. Typically, this clause outlines the required method of delivering notice, the information that must be included (such as the amount and timing of the redemption), and any deadlines that must be met. Its core function is to ensure that all parties are clearly informed about the exercise of redemption rights, thereby preventing misunderstandings and providing a structured process for executing redemptions.
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.5 of the Limited Partnership Agreement (the “Agreement”) of BGO IREIT Operating Partnership LP (the “Partnership”), the undersigned hereby irrevocably (i) presents for redemption Partnership Units (as defined in the Agreement) in the Partnership in accordance with the terms of the Agreement and the Redemption Right (as defined in the Agreement) referred to in Section 8.5 thereof, (ii) surrenders such Partnership Units and all right, title and interest therein and (iii) directs that the Cash Amount or REIT Shares Amount (each, as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if REIT Shares (as defined in the Agreement) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below.
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.5 of the Limited Partnership Agreement (the “Agreement”) of BCI IV Operating Partnership LP, the undersigned hereby irrevocably (i) presents for redemption Partnership Units in BCI IV Operating Partership LP in accordance with the terms of the Agreement and the Redemption Right referred to in Section 8.5 thereof, (ii) surrenders such Partnership Units and all right, title and interest therein, and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if REIT Shares (as defined in the Agreement) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below.
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.04 of the Agreement of Limited Partnership (the “Agreement”) of Pebblebrook Hotel, L.P., the undersigned hereby irrevocably (i) presents for redemption ________ Common Units in Pebblebrook Hotel, L.P. in accordance with the terms of the Agreement and the Common Unit Redemption Right referred to in Section 8.04 thereof, (ii) surrenders such Common Units and all right, title and interest therein and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Common Unit Redemption Right be delivered to the address specified below, and if REIT Shares (as defined in the Agreement) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below. Dated:________ __, _____ Name of Limited Partner: _______________________________________ (Signature of Limited Partner) _______________________________________ (Mailing Address) _______________________________________ (City) (State) (Zip Code) Signature Guaranteed by: _______________________________________ If REIT Shares are to be issued, issue to: Please insert social security or identifying number: Name: Under Section 1445(e) of the Internal Revenue Code of 1986, as amended (the “Code”), in the event of a disposition by a non-U.S. person of a partnership interest in a partnership in which (i) 50% or more of the value of the gross assets consists of United States real property interests (“USRPIs”), as defined in Section 897(c) of the Code, and (ii) 90% or more of the value of the gross assets consists of USRPIs, cash, and cash equivalents, the transferee will be required to withhold 10% of the amount realized by the non-U.S. person upon the disposition. To inform Pebblebrook Hotel Trust (the “General Partner”) and Pebblebrook Hotel, L.P. (the “Partnership”) that no withholding is required with respect to the redemption by ____________ (“Partner”) of its Common Units in the Partnership, the undersigned hereby certifies the following on behalf of Partner:
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.5 of the Limited Partnership Agreement (the “Agreement”) of EQT Exeter REIT Operating Partnership LP, the undersigned hereby irrevocably (i) presents for redemption Partnership Units in EQT Exeter REIT Operating Partnership LP in accordance with the terms of the Agreement and the Redemption Right referred to in Section 8.5 thereof, (ii) surrenders such Partnership Units and all right, title and interest therein, and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if REIT Shares (as defined in the Agreement) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below. Dated: , (Name of Limited Partner) (Signature of Limited Partner) (Mailing Address) (City) (State) (Zip Code) Signature Guaranteed by: If REIT Shares are to be issued, issue to: Name: Social Security or Tax I.D. Number:
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.04 of the Agreement of Limited Partnership, as amended (the “Agreement”) of Summit Hotel OP, LP, the undersigned hereby irrevocably (i) presents for redemption ________ Common Units in Summit Hotel OP, LP in accordance with the terms of the Agreement and the Common Unit Redemption Right referred to in Section 8.04 thereof, (ii) surrenders such Common Units and all right, title and interest therein and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Common Unit Redemption Right be delivered to the address specified below, and if REIT Shares (as defined in the Agreement) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below. The undersigned hereby represents, warrants and certifies that the undersigned (a) has title to such Common Units, free and clear of the rights and interests of any person or entity other than the Partnership or the General Partner; (b) has the full right, power and authority to cause the redemption of the Common Units as provided herein; and (c) has obtained the approval of all persons or entities, if any, having the right to consent to or approve the Common Units for redemption. Dated: , Name of Limited Partner: (Signature of Limited Partner or Authorized Representative) (Mailing Address) (City) (State) (Zip Code) Signature Guaranteed by: If REIT Shares are to be issued, issue to: Name: Please insert Social Security or Identifying Number: Under Section 1445(e) of the Internal Revenue Code of 1986, as amended (the “Code”), in the event of a disposition by a non-U.S. person of a partnership interest in a partnership in which (i) 50% or more of the value of the gross assets consists of United States real property interests (“USRPIs”), as defined in Section 897(c) of the Code, and (ii) 90% or more of the value of the gross assets consists of USRPIs, cash, and cash equivalents, the transferee will be required to withhold 10% of the amount realized by the non-U.S. person upon the disposition. To inform Summit Hotel GP, LLC (the “General Partner”) and Summit Hotel OP, LP (the “Partnership”) that no withholding is required with respect to the redemption by ____________ (“Partner”) of its Common Units in the Partnership, the undersigned hereby certifies the following on behalf of Partner:
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.5 of the Limited Partnership Agreement (the “Agreement”) of ▇▇▇▇▇ Operating Partnership L.P., the undersigned hereby irrevocably (i) presents for redemption Partnership Units in ▇▇▇▇▇ Operating Partnership L.P. in accordance with the terms of the Agreement and the Redemption Right referred to in Section 8.5 thereof, (ii) surrenders such Partnership Units and all right, title and interest therein, and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement, not available for Class B Units) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if REIT Shares (as defined in the Agreement, not available for Class B Units) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below.
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.5 of the Fourth Amended and Restated Limited Partnership Agreement (the “Agreement”) of Dividend Capital Total Realty Operating Partnership LP, the undersigned hereby irrevocably (i) presents for redemption Class E Partnership Units in Dividend Capital Total Realty Operating Partnership LP in accordance with the terms of the Agreement and the Redemption Right referred to in Section 8.5 thereof, (ii) surrenders such Partnership Units and all right, title and interest therein, and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if Class E REIT Shares (as defined in the Agreement) are to be delivered, such Class E REIT Shares be registered or placed in the name(s) and at the address(es) specified below.
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.5 of the Limited Partnership Agreement (the “Agreement”) of Blue Owl NLT Operating Partnership LP, the undersigned hereby irrevocably (i) presents for redemption Partnership Units in Blue Owl NLT Operating Partnership LP in accordance with the terms of the Agreement and the Redemption Right referred to in Section 8.5 thereof, (ii) surrenders such Partnership Units and all right, title and interest therein, and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if REIT Shares (as defined in the Agreements) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below. Dated:
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.04 of the Second Amended and Restated Agreement of Limited Partnership (the “Agreement”) of Highland Hospitality, L.P., the undersigned hereby irrevocably (i) presents for redemption Partnership Units in accordance with the terms of the Agreement and the Redemption Right referred to in Section 8.04 thereof, (ii) surrenders such Partnership Units and all right, title and interest therein and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if REIT Shares (as defined in the Agreement) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below. Dated: , Name of Limited Partner: (Signature of Limited Partner) (Mailing Address) (City) (State) (Zip Code) Signature Guaranteed by: If REIT Shares are to be issued, issue to: Please insert social security or identifying number: Name: For Redeeming Limited Partners that are entities:
NOTICE OF EXERCISE OF REDEMPTION RIGHT. In accordance with Section 8.6 of the Amended and Restated Agreement of Limited Partnership (the “Agreement”) of NorthStar Realty Europe Limited Partnership the undersigned hereby irrevocably (i) presents for redemption ________ Partnership Common Units in NorthStar Realty Europe Limited Partnership in accordance with the terms of the Agreement and the Partnership Common Unit redemption right referred to in Section 8.6 thereof, (ii) surrenders such Partnership Common Units and all right, title and interest therein and (iii) directs that the Cash Amount or REIT Shares Amount (as defined in the Agreement) as determined by the General Partner deliverable upon exercise of the Partnership Common Unit redemption right be delivered to the address specified below, and if REIT Shares (as defined in the Agreement) are to be delivered, such REIT Shares be registered or placed in the name(s) and at the address(es) specified below.