Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable.
Appears in 10 contracts
Samples: Assignment and Assumption Agreement (Amb Property Corp), Assignment and Assumption Agreement (Amb Property Corp), Assignment and Assumption Agreement (Amb Property Lp)
Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B D Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B D Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable.
Appears in 10 contracts
Samples: Constructive Ownership Definition (Amb Property Corp), Constructive Ownership Definition (Amb Property Corp), Amb Property Lp
Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B C Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B C Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable.
Appears in 8 contracts
Samples: Constructive Ownership Definition (Amb Property Corp), Amb Property Corp, Amb Property Lp
Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B H Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B H Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable.
Appears in 5 contracts
Samples: Constructive Ownership Definition (Amb Property Corp), Amb Property Corp, Amb Property Lp
Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B A Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B A Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable. Accumulated and unpaid distributions will not bear interest.
Appears in 4 contracts
Samples: Kilroy Realty, L.P., Kilroy Realty, L.P., Kilroy Realty, L.P.
Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B D Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B D Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable.
Appears in 2 contracts
Samples: Ii Contribution Agreement (Amb Property Corp), Amb Property Corp
Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable.but
Appears in 1 contract
Samples: Amb Property Corp
Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B H Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B H Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable.
Appears in 1 contract
Samples: Amb Property Corp
Distributions Cumulative. Notwithstanding the foregoing, distributions on the Series B Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership 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 B Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable. Accumulated and unpaid distributions will not bear interest.
Appears in 1 contract
Samples: Arden Realty Inc
Distributions Cumulative. Notwithstanding the foregoing, distributions Distributions on the Series B Preferred Units will accrue whether or not declared, whether or not the terms and provisions of any agreement of the Partnership 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 B Preferred Units will accumulate as of the Preferred Unit Distribution Payment Date on which they first become payable. Accumulated and unpaid distributions will not bear interest.
Appears in 1 contract
Samples: National Golf Properties Inc