Common use of Distributions on Winding Up Clause in Contracts

Distributions on Winding Up. Article XIII of the Partnership Agreement shall be amended by deleting the existing Section 13.02(a)(iv) and adding the following new Section 13.02(a)(iv): “Fourth, to the holders of Series A Preferred Units, Series B Preferred Units and Series C Preferred Units, in accordance with the terms of Exhibit SA, Exhibit SB-2 and Exhibit SC.”

Appears in 1 contract

Samples: Partnership Agreement (GLADSTONE LAND Corp)

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Distributions on Winding Up. Article XIII of the Partnership Agreement shall be amended by deleting the existing Section 13.02(a)(iv) and adding the following new Section 13.02(a)(iv): “Fourth, to the holders of Series A D Preferred Units, Series B E Preferred Units and Series C F Preferred Units, in accordance with the terms of Exhibit SASDP, Exhibit SB-2 SEP and Exhibit SCSFP.”

Appears in 1 contract

Samples: Partnership Agreement (Gladstone Commercial Corp)

Distributions on Winding Up. Article XIII of the Partnership Agreement shall be amended by deleting the existing Section 13.02(a)(iv) and adding the following new Section 13.02(a)(iv): “Fourth, to the holders of Series A Preferred Units, Series B Preferred Units and Series C B Preferred Units, in accordance with the terms of Exhibit SA, Exhibit SB-2 SA and Exhibit SCSB.”

Appears in 1 contract

Samples: Partnership Agreement (GLADSTONE LAND Corp)

Distributions on Winding Up. Article XIII of the Partnership Agreement shall be amended by deleting the existing Section 13.02(a)(iv) and adding the following new Section 13.02(a)(iv): “Fourth, to the holders of Series A Preferred Units, Series B Preferred Units Units, Series C Preferred Units, and Series C D Preferred Units, in accordance with the terms of Exhibit SA, Exhibit SB-2 SB-2, Exhibit SC, and Exhibit SCSD.”

Appears in 1 contract

Samples: Partnership Agreement (GLADSTONE LAND Corp)

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Distributions on Winding Up. Article XIII of the Partnership Agreement shall be amended by deleting the existing Section 13.02(a)(iv) and adding the following new Section 13.02(a)(iv): “Fourth, to the holders of Series A D Preferred Units, Series B E Preferred Units, Series F Preferred Units and Series C G Preferred Units, Units in accordance with the terms of Exhibit SASDP, Exhibit SB-2 SEP, Exhibit SFP and Exhibit SC.SGP; and

Appears in 1 contract

Samples: Gladstone Commercial Corp

Distributions on Winding Up. Article XIII of the Partnership Agreement shall be amended by deleting the existing Section 13.02(a)(iv) and adding the following new Section 13.02(a)(iv): “Fourth, to the holders of Series A Preferred Units, Series B Preferred Units and Series C B Preferred Units, in accordance with the terms of Exhibit SA, Exhibit SB-2 SA and Exhibit SCSB-2.”

Appears in 1 contract

Samples: Partnership Agreement (GLADSTONE LAND Corp)

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