Common use of Designations Clause in Contracts

Designations. On May 15, 2017, the Board of Directors designated and created a series of Preference Units designated as “8.625% Series A Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units,” and fixed the preferences, rights, powers and duties of the holders of the Series A Preference Units as set forth in this Article XVI. Each Series A Preference Unit shall be identical in all respects to every other Series A Preference Unit, except as to the respective dates from which the Series A Liquidation Preference shall increase or from which Series A Distributions may begin accruing, to the extent such dates may differ. The Series A Preference Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the holder for redemption thereof at a particular date.

Designations. On May 15January 17, 20172018, the Board of Directors designated and created a series of Preference Units designated as “8.6258.200% Series A B Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units,” and fixed the preferences, rights, powers and duties of the holders of the Series A B Preference Units as set forth in this Article XVIXVII. Each Series A B Preference Unit shall be identical in all respects to every other Series A B Preference Unit, except as to the respective dates from which the Series A B Liquidation Preference shall increase or from which Series A B Distributions may begin accruing, to the extent such dates may differ. The Series A B Preference Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the holder for redemption thereof at a particular date.

Designations. On May November 15, 20172018, the Board of Directors designated and created a series of Preference Units designated as “8.6258.500% Series A C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units,” and fixed the preferences, rights, powers and duties of the holders of the Series A C Preference Units as set forth in this Article XVIXVIII. Each Series A C Preference Unit shall be identical in all respects to every other Series A C Preference Unit, except as to the respective dates from which the Series A C Liquidation Preference shall increase or from which Series A C Distributions may begin accruing, to the extent such dates may differ. The Series A C Preference Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the holder for redemption thereof at a particular date.

Designations. On May 15October 23, 20172018, the Board of Directors designated and created a series of Preference Preferred Units designated as “8.625"8.75% Series A B Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Preferred Units,” " and fixed the preferences, rights, powers and duties of the holders of the Series A Preference B Preferred Units as set forth in this Article XVIXVII. Each Series A Preference B Preferred Unit shall be identical in all respects to every other Series A Preference B Preferred Unit, except as to the respective dates from which the Series A B Liquidation Preference shall increase or from which Series A B Distributions may begin accruing, to the extent such dates may differ. The Series A Preference B Preferred Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the holder for redemption thereof at a particular date.