Common use of Dividends and Distribution Rights Clause in Contracts

Dividends and Distribution Rights. (a) Holders of Series B Preferred Units shall be entitled to receive, when, as and if Back To Table of Contents declared by the General Partner, out of assets of the Operating Partnership legally available for the payment of dividends, cumulative preferential cash dividends at the rate of 8.75% per annum of the $50.00 liquidation preference. Such dividends shall be cumulative from the date of the original issue by the Operating Partnership of Series B Preferred Units and shall be payable quarterly in arrears on the 30th day of March, June, September, and December of each year or, if not a business day, the next succeeding business day (each, a “Dividend Payment Date”). The first dividend shall be paid on June 30, 2002. Such first dividend and any dividend payable on the Series B Preferred Units for any partial dividend period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to holders of record as they appear in the records of the Operating Partnership at the close of business on the applicable record date, which shall be the 15th day of the calendar month in which the applicable Dividend Payment Date falls or on such other date designated by the General Partner for the payment of dividends that is not more than 30 nor less than 10 days prior to such Dividend Payment Date (each, a “Dividend Record Date”).

Dividends and Distribution Rights. (a) Holders of Series B D Preferred Units shall be entitled to receive, when, as and if Back To Table of Contents declared by the General Partner, out of assets of the Operating Partnership legally available for the payment of dividends, cumulative preferential cash dividends at the rate of 8.757.375% per annum of the $50.00 250.00 liquidation preference. Such dividends shall be cumulative from and including the date of the original issue by the Operating Partnership of the Series B D Preferred Units and shall be payable quarterly in arrears on the 30th day of March, June, September, and December of each year or, if not a business day, the next succeeding business day (each, a “Dividend Payment Date”). The first dividend shall be paid on June March 30, 20022005. Such first dividend and any dividend payable on the Series B D Preferred Units for any other partial dividend period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to holders of record as they appear in the records of the Operating Partnership at the close of business on the applicable record date, which shall be the 15th day of the calendar month in which the applicable Dividend Payment Date falls or on such other date designated by the General Partner for the payment of dividends that is not more than 30 nor less than 10 days prior to such Dividend Payment Date (each, a “Dividend Record Date”).

Dividends and Distribution Rights. (a) Holders of Series B C Preferred Units shall be entitled to receive, when, as and if Back To Table of Contents declared by the General Partner, out of assets of the Operating Partnership legally available for the payment of dividends, cumulative preferential cash dividends at the rate of 8.757.75% per annum of the $50.00 250.00 liquidation preference. Such dividends shall be cumulative from the date of the original issue by the Operating Partnership of Series B Preferred Units and shall be payable 100 quarterly in arrears on the 30th day of March, June, September, and December of each year or, if not a business day, the next succeeding business day (each, a “"Dividend Payment Date”"). The first dividend shall be paid on June 30, 2002. Such first dividend and any dividend divided payable on the Series B C Preferred Units for any partial dividend period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to holders of record as they appear in the records of the Operating Partnership at the close of business on the applicable record date, which shall be the 15th day of the calendar month in which the applicable Dividend Payment Date falls or on such other date designated by the General Partner for the payment of dividends that is not more than 30 nor less than 10 days prior to such Dividend Payment Date (each, a “"Dividend Record Date”").

Dividends and Distribution Rights. (a) Holders of Series B D Preferred Units shall be entitled to receive, when, as and if Back To Table of Contents declared by the General Partner, out of assets of the Operating Partnership legally available for the payment of dividends, cumulative preferential cash dividends at the rate of 8.757.375% per annum of the $50.00 250.00 liquidation preference. Such dividends shall be cumulative from and Back To Table of Contents including the date of the original issue by the Operating Partnership of the Series B D Preferred Units and shall be payable quarterly in arrears on the 30th day of March, June, September, and December of each year or, if not a business day, the next succeeding business day (each, a “Dividend Payment Date”). The first dividend shall be paid on June March 30, 20022005. Such first dividend and any dividend payable on the Series B D Preferred Units for any other partial dividend period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to holders of record as they appear in the records of the Operating Partnership at the close of business on the applicable record date, which shall be the 15th day of the calendar month in which the applicable Dividend Payment Date falls or on such other date designated by the General Partner for the payment of dividends that is not more than 30 nor less than 10 days prior to such Dividend Payment Date (each, a “Dividend Record Date”).

Dividends and Distribution Rights. (a) Holders of Series B Preferred Units shall be entitled to receive, when, as and if Back To Table of Contents declared by the General Partner, out of assets of the Operating Partnership legally available for the payment of dividends, cumulative preferential cash dividends at the rate of 8.75% per annum of the $50.00 liquidation preference. Such dividends shall be cumulative from the date of the original issue by the Operating Partnership of Series B Preferred Units and shall be payable quarterly in arrears on the 30th day of March, June, September, and December of each year or, if not a business day, the next succeeding business day (each, a “"Dividend Payment Date”"). The first dividend shall be paid on June 30, 2002. Such first dividend and any dividend payable on the Series B Preferred Units for any partial dividend period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to holders of record as they appear in the records of the Operating Partnership at the close of business on the applicable record date, which shall be the 15th day of the calendar month in which the applicable Dividend Payment Date falls or on such other date designated by the General Partner for the payment of dividends that is not more than 30 nor less than 10 days prior to such Dividend Payment Date (each, a “"Dividend Record Date”").

Dividends and Distribution Rights. (a) Holders of Series B A Preferred Units shall be entitled to receive, when, as and if Back To Table of Contents declared by the General Partner, out of assets of the Operating Partnership legally available for the payment of dividends, cumulative preferential cash dividends at the rate of 8.759.0% per annum of the $50.00 25.00 liquidation preference. Such dividends shall be cumulative from the date of the original issue by the Operating Partnership of Series B A Preferred Units and shall be payable quarterly in arrears on the 30th day of March, June, September, and December of each year or, if not a business day, : the next succeeding business day (each, a “Dividend Payment Date”). The first dividend shall be paid on June September 30, 20021998. Such first dividend and any dividend payable on the Series B A Preferred Units for any partial dividend period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to 50 holders of record as they appear in the records of the Operating Partnership at the close of business on the applicable record date, date which shall be the 15th day of the calendar month in which the applicable Dividend Payment Date falls or on such other date designated by the General Partner for the payment of dividends that is not more than 30 nor less than 10 days prior to such Dividend Payment Date (each, a “Dividend Record Date”).

Dividends and Distribution Rights. (a) Holders of Series B C Preferred Units shall be entitled to receive, when, as and if Back To Table of Contents declared by the General Partner, out of assets of the Operating Partnership legally available for the payment of dividends, cumulative preferential cash dividends at the rate of 8.757.75% per annum of the $50.00 250.00 liquidation preference. Such dividends shall be cumulative from the date of the original issue by the Operating Partnership of Series B Preferred Units and shall be payable Back To Table of Contents quarterly in arrears on the 30th day of March, June, September, and December of each year or, if not a business day, the next succeeding business day (each, a “Dividend Payment Date”). The first dividend shall be paid on June 30, 2002. Such first dividend and any dividend divided payable on the Series B C Preferred Units for any partial dividend period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to holders of record as they appear in the records of the Operating Partnership at the close of business on the applicable record date, which shall be the 15th day of the calendar month in which the applicable Dividend Payment Date falls or on such other date designated by the General Partner for the payment of dividends that is not more than 30 nor less than 10 days prior to such Dividend Payment Date (each, a “Dividend Record Date”).

Dividends and Distribution Rights. (a) Holders of Series B D Preferred Units shall be entitled to receive, when, as and if Back To Table of Contents declared by the General Partner, out of assets of the Operating Partnership legally available for the payment of dividends, cumulative preferential cash dividends at the rate of 8.757.375% per annum of the $50.00 250.00 liquidation preference. Such dividends shall be cumulative from and including the date of the original issue by the Operating Partnership of the Series B D Preferred Units and shall be payable quarterly in arrears on the 30th day of March, June, September, and December of each year or, if not a business day, the next succeeding business day (each, a “"Dividend Payment Date”"). The first dividend shall be paid on June March 30, 20022005. Such first dividend and any dividend payable on the Series B D Preferred Units for any other partial dividend period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to holders of record as they appear in the records of the Operating Partnership at the close of business on the applicable record date, which shall be the 15th day of the calendar month in which the applicable Dividend Payment Date falls or on such other date designated by the General Partner for the payment of dividends that is not more than 30 nor less than 10 days prior to such Dividend Payment Date (each, a “"Dividend Record Date”").