Examples of Series A Preferred Units in a sentence
No sinking fund shall be established for the retirement or redemption of Series A Preferred Units.
The Series A Preferred Units shall not have the benefit of any sinking fund.
For the avoidance of doubt, the Partnership shall distribute to the Record Holders of Series A Preferred Units copies of all notices, materials, annual and quarterly reports, proxy statements, information statements and any other documents distributed generally to the Record Holders of Common Units of the Partnership, at such times and by such method as such documents are distributed to such Record Holders of such Common Units.
The Series A Preferred Units have no stated maturity and will not be subject to any sinking fund or mandatory redemption.
Upon issuance of Series A Conversion Units to the Series A Converting Unitholder, all rights under the converted Series A Preferred Units shall cease, and such Series A Converting Unitholder shall be treated for all purposes as the Record Holder of such Series A Conversion Units.