Common use of No Further Rights Clause in Contracts

No Further Rights. The General Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 15 contracts

Samples: Limited Partnership Agreement (CoreSite Realty Corp), Limited Partnership Agreement (Excel Trust, Inc.), Revolving Credit Agreement (Digital Realty Trust, L.P.)

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No Further Rights. The General Partner, as holder of the Series A G Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A G Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A G Preferred Units which remains payable. Accrued but unpaid distributions on the Series A G Preferred Units will accumulate as of the Series A G Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 11 contracts

Samples: Limited Partnership Agreement (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, L.P.)

No Further Rights. The General Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become remain payable.

Appears in 10 contracts

Samples: Limited Partnership Agreement (Amb Property Lp), Agreement of Limited Partnership (Amb Property Corp), Limited Partnership Agreement (Amb Property Corp)

No Further Rights. The General Partner, as holder of the Series A B Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A B Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A B Preferred Units which remains payable. Accrued but unpaid distributions on the Series A B Preferred Units will accumulate as of the Series A B Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Excel Trust, Inc.), Revolving Credit Agreement (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, Inc.)

No Further Rights. The General Partner, as holder of the Series A I Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A I Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A I Preferred Units which remains payable. Accrued but unpaid distributions on the Series A I Preferred Units will accumulate as of the Series A I Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Digital Realty Trust, L.P.)

No Further Rights. The General Partner, as holder of the Series A D Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A D Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A D Preferred Units which remains payable. Accrued but unpaid distributions on the Series A D Preferred Units will accumulate as of the Series A D Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Digital Realty Trust, L.P.), Agreement of Limited Partnership (Winthrop Realty Trust), Agreement of Limited Partnership (Digital Realty Trust, L.P.)

No Further Rights. The General Partner, in its capacity as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described on the Series A Preferred Units as provided herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate accrue as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 6 contracts

Samples: Agreement of Limited Partnership (Rexford Industrial Realty, Inc.), Limited Partnership Agreement (Rexford Industrial Realty, Inc.), Limited Partnership Agreement (Rexford Industrial Realty, Inc.)

No Further Rights. The General Partner, in its capacity as holder of the Series A B Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described on the Series B Preferred Units as provided herein. Any distribution payment made on the Series A B Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A B Preferred Units which remains payable. Accrued but unpaid distributions on the Series A B Preferred Units will accumulate accrue as of the Series A B Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Rexford Industrial Realty, Inc.), Agreement of Limited Partnership (Rexford Industrial Realty, Inc.), Limited Partnership Agreement (Rexford Industrial Realty, Inc.)

No Further Rights. The General Partner, as holder Holders of the Series A Preferred Units, Units shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Physicians Realty Trust), Agreement of Limited Partnership (Extra Space Storage Inc.), Limited Partnership Agreement

No Further Rights. The Notwithstanding anything in this Section 16.2, after full cumulative distributions on the outstanding Series A Preferred Units have been paid with respect to a distribution period, the General Partner, as holder of the Series A Preferred Units, shall will not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative further distributions described hereinwith respect to that distribution period. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Parking REIT, Inc.), Agreement of Limited Partnership (Parking REIT, Inc.), Merger Agreement (Mobile Infrastructure Corp)

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No Further Rights. The General PartnerManaging Member, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains remain payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.)

No Further Rights. The General Partner, as holder Holders of the Series A Preferred Units, Units shall not be entitled to any distributions, whether payable in cash, other property or otherwisePartnership Interests, in excess of the full cumulative distributions described on the Series A Preferred Units as provided herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution distributions due with respect to such Series A Preferred Units which remains remain payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Campus Crest Communities, Inc.), Agreement of Limited Partnership (STAG Industrial, Inc.), Agreement of Limited Partnership (STAG Industrial, Inc.)

No Further Rights. The General Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains remain payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 2 contracts

Samples: Limited Partnership Agreement (MPG Office Trust, Inc.), Limited Partnership Agreement (Maguire Properties Inc)

No Further Rights. The General Special Limited Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 1 contract

Samples: Limited Partnership Agreement (Spirit Realty, L.P.)

No Further Rights. The General Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of be cumulative from, but excluding, the most recent Series A Preferred Unit Distribution Payment Date on which they first become payableDate.

Appears in 1 contract

Samples: Limited Partnership Agreement (Sabra Health Care REIT, Inc.)

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