Common use of Payment of Distributions Clause in Contracts

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J Preferred Units and the Series L Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A, Section 17.3.A, Section 18.3.A and Section 20.3.A hereof, holders of Series K Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K Preferred Units into Series K Preferred Shares, or (ii) a redemption of Series K Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K Preferred Units will be made to the holders of record of the Series K Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A K Preferred Units, the Series B L Preferred Units, the Series J M Preferred Units and the Series L O Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A19.3.A, Section 17.3.A20.3.A, Section 18.3.A 21.3A and Section 20.3.A 22.3.A hereof, holders of Series K J Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K J Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K J Preferred Units into Series K J Preferred Shares, or (ii) a redemption of Series K J Preferred Units, on the exchange date or redemption date, as applicable (each a "“Series K J Preferred Unit Distribution Payment Date"”), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K J Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K J Preferred Units will be made to the holders of record of the Series K J Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "“Series K J Preferred Unit Partnership Record Date"”).

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J Preferred Units and the Series L Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A, Section 17.3.A, Section 18.3.A and Section 20.3.A hereof, holders of Series K Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K Preferred Units into Series K Preferred Shares, or (ii) a redemption of Series K Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K Preferred Units will be made to the holders of record of the Series K Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A J Preferred Units, the Series B L Preferred Units, the Series J M Preferred Units and the Series L O Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A18.3.A, Section 17.3.A20.3.A, Section 18.3.A 21.3.A and Section 20.3.A 22.3.A hereof, holders of Series K Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K Preferred Units into Series K Preferred Shares, or (ii) a redemption of Series K Preferred Units, on the exchange date or redemption date, as applicable (each a "“Series K Preferred Unit Distribution Payment Date"”), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K Preferred Units will be made to the holders of record of the Series K Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "“Series K Preferred Unit Partnership Record Date"”).

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A J Preferred Units, the Series B K Preferred Units, the Series J L Preferred Units and the Series L M Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A18.3.A, Section 17.3.A19.3.A, Section 18.3.A 20.3.A and Section 20.3.A 21.3.A hereof, holders of Series K B Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K B Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K B Preferred Units into Series K B Preferred Shares, or (ii) a redemption of Series K B Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K B Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K B Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K B Preferred Units will be made to the holders of record of the Series K B Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K B Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J K Preferred Units, the Series L Preferred Units and the Series L M Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A, Section 17.3.A, Section 18.3.A 19.3.A, Section 20.3.A and Section 20.3.A 21.3.A hereof, holders of Series K J Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K J Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K J Preferred Units into Series K J Preferred Shares, or (ii) a redemption of Series K J Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K J Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K J Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K J Preferred Units will be made to the holders of record of the Series K J Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K J Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J Preferred Units, the Series L Preferred Units and the Series L M Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A, Section 17.3.A, Section 18.3.A 18.3.A, Section 20.3.A and Section 20.3.A 21.3.A hereof, holders of Series K Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K Preferred Units into Series K Preferred Shares, or (ii) a redemption of Series K Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K Preferred Units will be made to the holders of record of the Series K Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B J Preferred Units, the Series J K Preferred Units and the Series L Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A, Section 17.3.A18.3.A, Section 18.3.A 19.3.A and Section 20.3.A hereof, holders of Series K B Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K B Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K B Preferred Units into Series K B Preferred Shares, or (ii) a redemption of Series K B Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K B Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K B Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K B Preferred Units will be made to the holders of record of the Series K B Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K B Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J K Preferred Units and the Series L Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A, Section 17.3.A, Section 18.3.A 19.3.A and Section 20.3.A hereof, holders of Series K J Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K J Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K J Preferred Units into Series K J Preferred Shares, or (ii) a redemption of Series K J Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K J Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K J Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K J Preferred Units will be made to the holders of record of the Series K J Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K J Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A J Preferred Units, the Series B Preferred Units, the Series J L Preferred Units and the Series L M Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A18.3.A, Section 17.3.A, Section 18.3.A 20.3.A and Section 20.3.A 21.3.A hereof, holders of Series K Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K Preferred Units into Series K Preferred Shares, or (ii) a redemption of Series K Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K Preferred Units will be made to the holders of record of the Series K Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J Preferred Units and the Series L J Preferred Units) as to the payment of distributions, pursuant to Section 5.1, Section 16.3.A, Section 17.3.A, 17.3.A and Section 18.3.A and Section 20.3.A hereof, holders of Series K Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K Priority Return. Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K Preferred Units into Series K Preferred Shares, or (ii) a redemption of Series K Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K Preferred Units will be made to the holders of record of the Series K Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Preferred Unit Distribution Payment Date (the "Series K Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J Preferred Units and the Series L Preferred Units) as to the payment of distributions, distributions (including pursuant to Section 5.1, Section 16.3.A17.3A, Section 17.3.A, Section 18.3.A 18.3A and Section 20.3.A 19.3A hereof), holders of Series K C Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K C Priority Return. Such distributions will be payable (A) quarterly (such quarterly periods for purposes of payment and accrual will be the quarterly periods ending on the dates specified in this sentence and not calendar year quarters) in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K C Preferred Units into Series K C Preferred Shares, or (ii) a redemption of Series K C Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K C Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K C Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K C Preferred Units will be made to the holders of record of the Series K C Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Series C Preferred Unit Distribution Payment Date (the "Series K C Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J Preferred Units and the Series L Preferred Units) as to the payment of distributions, distributions (including pursuant to Section Sections 5.1, Section 16.3.A, Section 17.3.A, Section 18.3.A 17.3A and Section 20.3.A 19.3A hereof), holders of Series K E Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K E Priority Return. Such distributions will be payable (A) quarterly (such quarterly periods for purposes of payment and accrual will be the quarterly periods ending on the dates specified in this sentence and not calendar year quarters) in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of (i) an exchange of Series K E Preferred Units into Series K E Preferred Shares, or (ii) a redemption of Series K E Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K E Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K E Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K E Preferred Units will be made to the holders of record of the Series K E Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Series E Preferred Unit Distribution Payment Date (the "Series K E Preferred Unit Partnership Record Date").

Payment of Distributions. Subject to the rights of holders of Parity Preferred Units (including the Series A Preferred Units, the Series B Preferred Units, the Series J Preferred Units and the Series L Preferred Units) as to the payment of distributions, distributions (including pursuant to Section Sections 5.1, Section 16.3.A, Section 17.3.A, Section 18.3.A 18.3A and Section 20.3.A 19.3A hereof), holders of Series K D Preferred Units will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series K D Priority Return. Such distributions will be payable (A) quarterly (such quarterly periods for purposes of payment and accrual will be the quarterly periods ending on the dates specified in this sentence and not calendar year quarters) in arrears, on the 15th 25th day of JanuaryMarch, AprilJune, July September and October December of each year and (B) in the event of (i) an exchange of Series K D Preferred Units into Series K D Preferred Shares, or (ii) a redemption of Series K D Preferred Units, on the exchange date or redemption date, as applicable (each a "Series K D Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance. If any date on which distributions are to be made on the Series K D Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. Distributions on the Series K D Preferred Units will be made to the holders of record of the Series K D Preferred Units on the relevant record dates, which will be fifteen (15) days prior to the relevant Series D Preferred Unit Distribution Payment Date (the "Series K D Preferred Unit Partnership Record Date").