Common use of Fixing of Record Date for Holders of Capital Securities Clause in Contracts

Fixing of Record Date for Holders of Capital Securities. Whenever any distribution (other than upon any redemption) shall become payable, or whenever the Trustee shall receive notice of any meeting at which holders of Preferred Securities are entitled to vote or of which holders of Preferred Securities are entitled to notice, the Trustee shall in each such instance fix a record date (which shall be the same date as the record date fixed by the General Partner with respect to the Preferred Securities) for the determination of the Holders of Capital Securities who shall be entitled (i) to receive such distribution or (ii) to receive notice of, and to give instructions for the exercise of voting rights at, any such meeting.

Fixing of Record Date for Holders of Capital Securities. Whenever any distribution (other than upon any redemption) shall become payable, or whenever the Trustee shall receive notice of any meeting at which holders of Preferred Securities are entitled to vote or of which holders of Preferred Securities are entitled to notice, the Trustee shall in each such instance fix a record date (which shall be the same date as the record date fixed by the General Partner with respect to the Preferred Securities, of which the General Partner shall promptly inform the Trustee) for the determination of the Holders of Capital Securities who shall be entitled (i) to receive such distribution or distribution, and (ii) to receive notice of, and to give instructions for the exercise of voting rights at, any such meeting.