Common use of Preferred Securities Clause in Contracts

Preferred Securities. With respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both.

Appears in 25 contracts

Samples: Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Plymouth Industrial REIT, Inc.), Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.)

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Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both.

Appears in 20 contracts

Samples: Term Credit Agreement, Term Loan Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)

Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Pricing Level. Such term shall have the meaning established within the definition of Applicable Margin.

Appears in 9 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

Preferred Securities. With respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Public Lender. See §7.4.

Appears in 2 contracts

Samples: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (Monogram Residential Trust, Inc.)

Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Pricing Level. Such term shall have the meaning established within the definition of Applicable Margin. Proposed Modification. See § 27.

Appears in 1 contract

Samples: Term Loan Agreement (CoreSite Realty Corp)

Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Preferred Securities shall include any Trust Preferred Equity but shall exclude any Senior Common Stock. Pricing Level. Such term shall have the meaning established within the definition of Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, liquidation or both. Pricing Level. Such term shall have the meaning established within the definition of Applicable Margin.

Appears in 1 contract

Samples: Credit Agreement (City Office REIT, Inc.)

Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Pricing Level. Such term shall have the meaning established within the definition of Applicable Margin.” Proposed Modification. See §27.

Appears in 1 contract

Samples: Term Loan Agreement (Dupont Fabros Technology, Inc.)

Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Preferred Securities shall include any Trust Preferred Equity which does not exceed the limits set forth in §8.15.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Gladstone Commercial Corp)

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Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Preferred Securities shall include any Trust Preferred Equity but shall exclude any Senior Common Stock. Pricing Level. Such term shall have the meaning established within the definition of Applicable Margin. Public Lender. See §7.4.

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Pricing Level. Such term shall have the meaning established within the definition of Revolving Credit Applicable Margin or Term Loan Applicable Margin, as applicable.

Appears in 1 contract

Samples: Credit Agreement (QTS Realty Trust, Inc.)

Preferred Securities. With respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Private Information. See §7.4. Public Information. See §7.4. Public Lender. See §7.4.

Appears in 1 contract

Samples: Credit Agreement (Hertz Group Realty Trust, Inc.)

Preferred Securities. With respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Project Approvals. See §6.23(a)(vi).

Appears in 1 contract

Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.)

Preferred Securities. With respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Project Approvals. See §6.23(a)(v).

Appears in 1 contract

Samples: Composite Credit Agreement (Condor Hospitality Trust, Inc.)

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