Common use of Series B Distribution Rate Clause in Contracts

Series B Distribution Rate. If the distribution rate per annum on the Series B Preferred Shares issued by the Issuer shall increase pursuant to Section 14.5 of the Issuer LLC Agreement, then the Series B Distribution Rate shall increase by the same amount beginning on the same date as set forth in Article XIV of the Issuer LLC Agreement.

Appears in 8 contracts

Samples: Exempted Limited Partnership Agreement (Apollo Global Management LLC), Partnership Agreement (Apollo Global Management LLC), Limited Liability Company Agreement (Apollo Global Management LLC)

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