Common use of GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES Clause in Contracts

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 3 contracts

Samples: Uds Funding Ii Lp, Uds Funding Ii Lp, Merrill Lynch Preferred Funding Vi L P

AutoNDA by SimpleDocs

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ 206,186,000 and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 3 contracts

Samples: Agreement (Merrill Lynch Preferred Funding I Lp), Enron Capital Trust I, Enron Capital Trust I

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 2 contracts

Samples: Agreement (Capita Preferred Trust), Merrill Lynch Preferred Capital Trust Ii

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ [ ] and having the designation, annual distribution rate, liquidation preference, redemption terms, conversion and exchange rights and other powers, preferences and special rights and limitations set forth in this Article VI. The aggregate liquidation preference of Partnership Preferred Securities authorized hereunder shall be reduced 30 days after the first Closing Date to the amount purchased by the Underwriters.

Appears in 2 contracts

Samples: Citizens Utilities Capital L P, Citizens Utilities Capital L P

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ 283,505,200 and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 1 contract

Samples: Merrill Lynch Preferred Funding I Lp

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ 103,093,000 and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 1 contract

Samples: Hei Preferred Funding L P

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $_____________ and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 1 contract

Samples: Enron Preferred Funding Ii L P

AutoNDA by SimpleDocs

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ 309,278,400 and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 1 contract

Samples: Merrill Lynch Preferred Funding Ii Lp

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ 154,650,000 and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 1 contract

Samples: Enron Capital Trust Ii

GENERAL PROVISIONS REGARDING PARTNERSHIP PREFERRED SECURITIES. (a) There is hereby authorized for issuance and sale Partnership Preferred Securities having an aggregate liquidation preference not greater than $___________ $ and having the designation, annual distribution rate, liquidation preference, redemption terms, and other powers, preferences and special rights and limitations set forth in this Article VI.

Appears in 1 contract

Samples: Merrill Lynch Preferred Capital Trust Iv

Time is Money Join Law Insider Premium to draft better contracts faster.