Payment of Accumulated Distributions. Immediately prior to any redemption of Series M Preferred Units, the Partnership shall pay, in cash, any accumulated and unpaid distributions on the Series M Preferred Units to be redeemed through the redemption date. Except as provided above, the Partnership will make no payment or allowance for unpaid distributions, whether or not in arrears, on Series M Preferred Units for which a notice of redemption has been given.
Appears in 9 contracts
Samples: Agreement of Limited Partnership (Prologis, L.P.), Agreement of Limited Partnership (Amb Property Corp), Limited Partnership Agreement (Amb Property Corp)
