Common use of Distributions Cumulative Clause in Contracts

Distributions Cumulative. Distributions on the Series E Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Cabot Industrial Properties Lp), Second Amended and Restated Agreement of Limited Partnership (Cabot Industrial Properties Lp), Limited Partnership Agreement (Cabot Industrial Properties Lp)

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Distributions Cumulative. Distributions on the Series E G Preferred ------------------------ Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E G Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E G Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Cabot Industrial Properties Lp), Limited Partnership Agreement (Cabot Industrial Properties Lp), Second Amended and Restated Agreement of Limited Partnership (Cabot Industrial Trust)

Distributions Cumulative. Distributions on the Series E H Preferred ------------------------ Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E H Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E H Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Cabot Industrial Properties Lp), Limited Partnership Agreement (Cabot Industrial Properties Lp), Second Amended and Restated Agreement of Limited Partnership (Cabot Industrial Trust)

Distributions Cumulative. Distributions on the Series E F Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E F Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E F Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 3 contracts

Samples: Second Amended and Restated Agreement of Limited Partnership (Cabot Industrial Properties Lp), Limited Partnership Agreement (Cabot Industrial Properties Lp), Limited Partnership Agreement (Cabot Industrial Properties Lp)

Distributions Cumulative. Distributions on the Series E A-1 Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E A-1 Preferred Units will accumulate as of the Series E A-1 Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E A-1 Preferred Unit Distribution Payment Date to holders of record of the Series E A-1 Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Sun Communities Inc), Limited Partnership Agreement (Sun Communities Inc), Limited Partnership Agreement (Sun Communities Inc)

Distributions Cumulative. Distributions Notwithstanding the foregoing, distributions on the Series E B Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but by unpaid distributions on the Series E B Preferred Units will accumulate as of the Series E B Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E B Preferred Unit Distribution Payment Date Date, to holders of record of the Series E B Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) 15 Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 2 contracts

Samples: Second Amended and Restated Agreement of Limited Partnership (Price Development Co Lp), Second Amended and Restated Agreement of Limited Partnership (Jp Realty Inc)

Distributions Cumulative. Distributions on the Series E B Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E B Preferred Units will accumulate as of the Series E B Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E B Preferred Unit Distribution Payment Date to holders of record of the Series E B Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen thirty (1530) Business Days days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Amendment to Second Restated Agreement of Limited Partnership (Heritage Property Investment Trust Inc)

Distributions Cumulative. Distributions on the Series E B Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E B Preferred Units will accumulate as of the Series E B Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E B Preferred Unit Distribution Payment Date to holders of record of the Series E B Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: First Amendment to Third Amended and Restated Agreement of Limited Partnership (Camden Property Trust)

Distributions Cumulative. Distributions on the Series E B-3 Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E B-3 Preferred Units will accumulate as of the Series E B-3 Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E B-3 Preferred Unit Distribution Payment Date to holders of record of the Series E B-3 Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Sun Communities Inc)

Distributions Cumulative. Distributions on the Series E D Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E D Preferred Units will accumulate as of the Series E D Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E D Preferred Unit Distribution Payment Date to holders Holders of record of the Series E D Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Kilroy Realty Corp)

Distributions Cumulative. Distributions on the Series E U Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E U Preferred Units will accumulate as of the Series E U Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E U Preferred Unit Distribution Payment Date Date, to holders of record of the Series E U Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E T Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E T Preferred Units will accumulate as of the Series E T Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E T Preferred Unit Distribution Payment Date to holders of record of the Series E T Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Prologis, L.P.)

Distributions Cumulative. Distributions on the Series E O Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E O Preferred Units will accumulate as of the Series E O Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E O Preferred Unit Distribution Payment Date Date, to holders of record of the Series E O Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E C Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E C Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E C Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Second Amended and Restated Agreement of Limited Partnership (Cabot Industrial Trust)

Distributions Cumulative. Distributions on the Series E D Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E D Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E D Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Liberty Property Limited Partnership)

Distributions Cumulative. Distributions on the Series E B Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E B Preferred Units will accumulate as of the Series E B Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E B Preferred Unit Distribution Payment Date to holders of record of the Series E B Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Sun Communities Inc)

Distributions Cumulative. Distributions on the Series E A Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E A Preferred Units will accumulate as of the Series E A Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E A Preferred Unit Distribution Payment Date to holders of record of the Series E A Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Sun Communities Inc)

Distributions Cumulative. Distributions on the Series E P Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E P Preferred Units will accumulate as of the Series E P Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E P Preferred Unit Distribution Payment Date Date, to holders of record of the Series E P Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E C Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness Indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E C Preferred Units will accumulate as of the Series E C Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E C Preferred Unit Distribution Payment Date to holders of record of the Series E C Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Second Amendment to Third Amended and Restated Agreement of Limited Partnership (Camden Property Trust)

Distributions Cumulative. Distributions on the Series E D Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E D Preferred Units will accumulate as of the Series E D Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E D Preferred Unit Distribution Payment Date to holders of record of the Series E D Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Amendment to Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Liberty Property Trust)

Distributions Cumulative. Distributions on the Series E Z Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E Z Preferred Units will accumulate as of the Series E Z Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Z Preferred Unit Distribution Payment Date Date, to holders of record of the Series E Z Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E F Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E F Preferred Units will accumulate as of the Series E F Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E F Preferred Unit Distribution Payment Date to holders of record of the Series E F Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Amendment to Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E D Preferred Units will shall accrue whether or not (A) the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not (B) the Partnership has earnings, whether or not (C) there are funds legally available for the payment of such of such distributions and whether or not (D) such distributions are authorizedauthorized and declared. Accrued but unpaid distributions on the Series E D Preferred Units will shall accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E D Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall be not exceed fifteen (15) Business Days more than 45 days prior to the payment date. Accumulated and unpaid distributions will shall not bear interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Rodamco North America N V)

Distributions Cumulative. Distributions on the Series E D Preferred Units will shall accrue whether or not (i) the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not (ii) the Partnership has earnings, whether or not (iii) there are funds legally available for the payment of such of such distributions and whether or not (iv) such distributions are authorizedauthorized and declared. Accrued but unpaid distributions on the Series E D Preferred Units will shall accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E D Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall be not exceed fifteen (15) Business Days more than 45 days prior to the payment date. Accumulated and unpaid distributions will shall not bear interest.

Appears in 1 contract

Samples: Second Amended and Restated Agreement of Limited Partnership (Urban Shopping Centers Inc)

Distributions Cumulative. Distributions on the Series E G Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E G Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E G Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Second Restated and Amended Agreement of Limited Partnership (Liberty Property Trust)

Distributions Cumulative. Distributions on the Series E W Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E W Preferred Units will accumulate as of the Series E W Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E W Preferred Unit Distribution Payment Date Date, to holders of record of the Series E W Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Amendment to Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E Preferred Units will accrue accrue, whether or not declared, whether or not the terms and provisions of any agreement of the PartnershipPartnership or the General Partner, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E K Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E K Preferred Units will accumulate as of the Series E K Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E K Preferred Unit Distribution Payment Date Date, to holders of record of the Series E K Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

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Distributions Cumulative. Distributions on the Series E R Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E R Preferred Units will accumulate as of the Series E R Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E R Preferred Unit Distribution Payment Date Date, to holders of record of the Series E R Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E V Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E V Preferred Units will accumulate as of the Series E V Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E V Preferred Unit Distribution Payment Date Date, to holders of record of the Series E V Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E M Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E M Preferred Units will accumulate as of the Series E M Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E M Preferred Unit Distribution Payment Date Date, to holders of record of the Series E M Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E T Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E T Preferred Units will accumulate as of the Series E T Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E T Preferred Unit Distribution Payment Date Date, to holders of record of the Series E T Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E G Preferred Units will accrue accrue, whether or not declared, whether or not the terms and provisions of any agreement of the PartnershipPartnership or the General Partner, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E G Preferred Units will accumulate as of the Series E G Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E G Preferred Unit Distribution Payment Date to holders of record of the Series E G Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E C Preferred Units will accrue accrue, whether or not declared, whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E C Preferred Units will accumulate as of the Series E C Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E C Preferred Unit Distribution Payment Date to holders of record of the Series E C Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E X Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E X Preferred Units will accumulate as of the Series E X Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E X Preferred Unit Distribution Payment Date Date, to holders of record of the Series E X Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E N Preferred Units will accrue accrue, whether or not declared, whether or not the terms and provisions of any agreement of the PartnershipPartnership or the General Partner, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E N Preferred Units will accumulate as of the Series E N Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E N Preferred Unit Distribution Payment Date to holders of record of the Series E N Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions Distribution on the Series E C Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E C Preferred Units will accumulate as of the Series E C Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred C preferred Unit Distribution Payment Date to holders of record of the Series E C Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) be more than 15 Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Jp Realty Inc)

Distributions Cumulative. Distributions on the Series E B Preferred ------------------------ Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E B Preferred Units will accumulate as of the Series E B Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E B Preferred Unit Distribution Payment Date to holders of record of the Series E B Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen thirty (1530) Business Days days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Second Restated Agreement of Limited Partnership (Bradley Operating L P)

Distributions Cumulative. Distributions on the Series E C Preferred Units will shall accrue whether or not the terms and provisions of any agreement of the Partnership, Partnership (including any agreement relating to its indebtedness indebtedness) at any time prohibit the current payment of distributions, whether or not (A) the Partnership has earnings, whether or not (B) there are funds legally available for the payment of such of such distributions and whether or not (C) such distributions are authorized. Accrued but unpaid distributions on the Series E C Preferred Units will shall accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date Date, to holders of record of the Series E C Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall be not exceed fifteen (15) Business Days more than 45 days prior to the payment date. Accumulated and unpaid distributions will shall not bear interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Rodamco North America N V)

Distributions Cumulative. Distributions on the Series E Y Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E Y Preferred Units will accumulate as of the Series E Y Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Y Preferred Unit Distribution Payment Date Date, to holders of record of the Series E Y Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.. 

Appears in 1 contract

Samples: Agreement of Limited Partnership (Ps Business Parks Inc/Ca)

Distributions Cumulative. Distributions on the Series E I Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E I Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E I Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Second Restated and Amended Agreement of Limited Partnership (Liberty Property Limited Partnership)

Distributions Cumulative. Distributions on the Series E A Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E A Preferred Units will accumulate as of the Series E A Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E A Preferred Unit Distribution Payment Date to holders of record of the Series E A Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) be more than 15 Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Limited Partnership Agreement (Price Development Co Lp)

Distributions Cumulative. Distributions on the Series E H Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E H Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E H Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Liberty Property Limited Partnership)

Distributions Cumulative. Distributions on the Series E B Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E B Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E B Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Liberty Property Limited Partnership)

Distributions Cumulative. Distributions on the Series E F Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E F Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E F Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Second Restated and Amended Agreement of Limited Partnership (Liberty Property Limited Partnership)

Distributions Cumulative. Distributions on the Series E C Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness at any time prohibit the declaration, setting aside for payment or current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such of such distributions and whether or not such distributions are authorized. Accrued but unpaid distributions on the Series E C Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable. Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series E Preferred Unit Distribution Payment Date to holders of record of the Series E C Preferred Units on the record date fixed by the Partnership acting through the General Partner Partner, which date shall not exceed fifteen (15) Business Days prior to the payment date. Accumulated and unpaid distributions will not bear interest.

Appears in 1 contract

Samples: Second Restated and Amended Agreement of Limited Partnership (Liberty Property Limited Partnership)

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