Common use of Right of Optional Redemption Clause in Contracts

Right of Optional Redemption. The Series A Preferred Units may not ---------------------------- be redeemed prior to March 4, 2003. On or after such date, the Partnership shall have the right to redeem the Series A Preferred Units, in whole or in part, at any time or from time to time, upon not less than 30 nor more than 60 days' written notice, at a redemption price, payable in cash, equal to the Capital Account balance of the holder of Series A Preferred Units (the "Redemption Price"); provided, however, that no redemption pursuant to this ---------------- Section

Appears in 1 contract

Sources: Limited Partnership Agreement (National Golf Properties Inc)

Right of Optional Redemption. The Series A Preferred Units may not ---------------------------- be redeemed prior to March 4February 6, 2003. On or after such date, the Partnership shall have the right to redeem the Series A Preferred Units, in whole or in part, at any time or from time to time, upon not less than 30 nor more than 60 days' written notice, at a redemption price, payable in cash, equal to the Capital Account balance of the holder of Series A Preferred Units (the "Redemption Price"); provided, however, that no redemption pursuant to this ---------------- ----------------- Section

Appears in 1 contract

Sources: Agreement of Limited Partnership (Kilroy Realty Corp)

Right of Optional Redemption. The Series A Preferred Units may not ---------------------------- be redeemed prior to March 4February 6, 2003. On or after such date, the Partnership shall have the right to redeem the Series A Preferred Units, in whole or in part, at any time or from time to time, upon not less than 30 nor more than 60 days' written notice, at a redemption price, payable in cash, equal to the Capital Account balance of the holder Holder of Series A Preferred Units (the "Redemption Price"); provided, however, that no redemption pursuant to this ---------------- ----------------- Section

Appears in 1 contract

Sources: Limited Partnership Agreement (Kilroy Realty Corp)

Right of Optional Redemption. The Series A C Preferred Units may not ---------------------------- be redeemed prior to March 4November 24, 2003. On or after such date, the Partnership shall have the right to redeem the Series A C Preferred Units, in whole or in part, at any time or from time to time, upon not less than 30 nor more than 60 days' written notice, at a redemption price, payable in cash, equal to the Capital Account balance of the holder Holder of Series A C Preferred Units (the "Series C -------- Redemption Price"); provided, however, that no redemption pursuant to this ---------------- Section

Appears in 1 contract

Sources: Limited Partnership Agreement (Kilroy Realty Corp)