Series C Preferred Units Sample Clauses

Series C Preferred Units. (A) The authorized number of Series C Preferred Units shall be unlimited. Series C Preferred Units that are purchased or otherwise acquired by the Partnership shall be cancelled.
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Series C Preferred Units. 63 Section 16.1.
Series C Preferred Units. Under the authority granted to ------------------------ it by Section 4.2.A. hereof, the General Partner hereby establishes an additional class of Partnership Units entitled "Series C Cumulative Redeemable Preferred Units" (the "SERIES C PREFERRED UNITS"). Series C Preferred Units shall have the designations, preferences, rights, powers and duties as set forth in Exhibit H hereto. ---------
Series C Preferred Units. 3.3(e) SHAREHOLDER APPROVALS . . . . . . . . . . . . . . . . . . . . . . . 3.5(a) SKY MERGER . . . . . . . . . . . . . . . . . . . . . . . . . . . . PREAMBLE SKY MERGER ARTICLES OF INCORPORATION . . . . . . . . . . . . . . . 2.1
Series C Preferred Units. (i) Without limitation of the consent rights of the Series B Preferred Member(s) prior the Conversion Date under Section 6.13(a)(i), other than the issuance of New Preferred Units in accordance with Section 2.5(b)(iii)(B), the Company shall not issue any Units that are entitled to the receipt of amounts distributable by the Company in preference or priority to the Series C Preferred Units without the prior written consent of (i) Series C Preferred Member(s) holding a majority of the issued Series C Preferred Units and (ii) in the event that a Conversion by the Series B Preferred Members has occurred, the Series A2 Preferred Members, in each case, such consent not to be unreasonably withheld.
Series C Preferred Units. Each holder of Series C Preferred Units shall be entitled to exchange Series C Preferred Units for REIT Shares, at such holder’s option, on the following terms and subject to the following conditions:
Series C Preferred Units. Each Series C Preferred Unit issued and outstanding immediately prior to the Effective Time shall be cancelled and converted into a right to receive in cash the amount of the Liquidation Preference (as such term is defined in the Company’s Certificate of Designation, Preferences and Rights of Series C Preferred Units) of such Series C Preferred Unit through the Closing Date, payable to the holder thereof in accordance with Section 3.3. The aggregate consideration to which the holders of the Series C Preferred Units become entitled pursuant to this Section 3.2(b) is collectively referred to herein as the “Series C Preferred Merger Consideration”.
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Series C Preferred Units. Pursuant to the authority granted under Sections 4.3.A and 4.3.B of the First Amended and Restated Agreement of Limited Partnership of IAS Operating Partnership LP (the “Partnership Agreement”), the General Partner hereby establishes a series of Preferred Units designated the 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Units (liquidation preference $25.00 per unit) (the “Series C Preferred Units”) on the terms set forth in this Exhibit G. Capitalized terms used herein without definition have the meanings given to them in the Partnership Agreement.
Series C Preferred Units 

Related to Series C Preferred Units

  • Preferred Units Without the consent of any Common Unitholder, the Board may cause the Company to issue one class of Preferred Units, which Preferred Units would have rights senior to those of the Common Units, and such other characteristics as the Board may determine, but, for so long as the Company operates as a BDC, in a manner that complies with the legal requirements applicable to a BDC. Prior to the issuance of a series of Preferred Units, the Board shall set the terms, preferences, conversion or other rights, voting powers, restrictions, limitations as to distributions, qualifications and terms or conditions of redemption.

  • Preferred Stock Shares of Preferred Stock may be issued from time to time in one or more series, each of such series to have such terms as stated or expressed herein and in the resolution or resolutions providing for the creation and issuance of such series adopted by the Board of Directors as hereinafter provided. Authority is hereby expressly granted to the Board of Directors from time to time to issue the Preferred Stock in one or more series, and in connection with the creation of any such series, by adopting a resolution or resolutions providing for the issuance of the shares thereof and by filing a certificate of designation relating thereto in accordance with the DGCL (a “Certificate of Designation”), to determine and fix the number of shares of such series and such voting powers, full or limited, or no voting powers, and such designations, preferences and relative participating, optional or other special rights, and qualifications, limitations or restrictions thereof, including without limitation thereof, dividend rights, conversion rights, redemption privileges and liquidation preferences, and to increase or decrease (but not below the number of shares of such series then outstanding) the number of shares of any series as shall be stated and expressed in such resolutions, all to the fullest extent now or hereafter permitted by the DGCL. Without limiting the generality of the foregoing, the resolution or resolutions providing for the creation and issuance of any series of Preferred Stock may provide that such series shall be superior or rank equally or be junior to any other series of Preferred Stock to the extent permitted by law and this Second Amended and Restated Certificate (including any Certificate of Designation). Except as otherwise required by law, holders of any series of Preferred Stock shall be entitled only to such voting rights, if any, as shall expressly be granted thereto by this Second Amended and Restated Certificate (including any Certificate of Designation). The number of authorized shares of Preferred Stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of a majority of the stock of the Corporation entitled to vote, irrespective of the provisions of Section 242(b)(2) of the DGCL.

  • Common Units The capital structure of the Company shall consist of one class of common interests (the "Common Units"). The Company shall have authority to issue one thousand (1,000) Common Units. Each Common Unit shall have one vote and shall otherwise be identical with each other Common Unit in every respect.

  • Class B Units The term “Class B Units” means the Units having the privileges, preferences, and rights specified with respect to “Class B Units” in this Agreement, including those described in Section 7.1(c)(3).

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