Common use of NOTICE OF EXERCISE OF REDEMPTION RIGHT Clause in Contracts

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.

Appears in 4 contracts

Sources: Limited Partnership Agreement (Blackstone Real Estate Income Trust, Inc.), Limited Partnership Agreement (Blackstone Real Estate Income Trust, Inc.), Limited Partnership Agreement (Blackstone Real Estate Income Trust, Inc.)

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.

Appears in 1 contract

Sources: Limited Partnership Agreement (Blackstone Real Estate Income Trust, Inc.)