Accumulated Preferred Unit Distributions definition

Accumulated Preferred Unit Distributions has the meaning set forth in Section 15.2(c).
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Examples of Accumulated Preferred Unit Distributions in a sentence

  • Except as provided in Section 5 hereof, holders of Series C Preferred Units shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the Series C Preferred Unit Distributions (and any Series C Accumulated Preferred Unit Distributions) described herein.

  • Series C Accumulated Preferred Unit Distributions may be declared and paid at any time, without reference to any regular Series C Preferred Unit Distribution Payment Date.

  • No interest or sum of money in lieu of interest will be payable in respect of any Series A Accumulated Preferred Unit Distributions.

  • Holders of Series A Preferred Units shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the Series A Preferred Unit Distributions (and any Series A Accumulated Preferred Unit Distributions) described herein.

  • Any accrued but unpaid Series A Preferred Unit Distributions that are not paid on or prior to the date that they first become payable are hereinafter referred to as "Series A Accumulated Preferred Unit Distributions".

  • Series A Accumulated Preferred Unit Distributions may be declared and paid at any time, without reference to any regular Series A Preferred Unit Distribution Payment Date.

  • No interest or sum of money in lieu of interest will be payable in respect of any Series B Accumulated Preferred Unit Distributions.

  • Series B Accumulated Preferred Unit Distributions may be declared and paid at any time, without reference to any regular Series B Preferred Unit Distribution Payment Date.

  • Any accrued but unpaid Series B Preferred Unit Distributions that are not paid on or prior to the date that they first become payable are hereinafter referred to as "Series B Accumulated Preferred Unit Distributions".

  • Holders of Series B Preferred Units shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the Series B Preferred Unit Distributions (and any Series B Accumulated Preferred Unit Distributions) described herein.

Related to Accumulated Preferred Unit Distributions

  • Preferred Unit means a fractional share of the Partnership Interests that the General Partner has authorized pursuant to Sections 4.01, 4.03 or 4.04 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the OP Units.

  • Accumulated Dividends means, with respect to any share of Preferred Stock, as of any date, the aggregate accumulated and unpaid dividends on such share from the Issue Date until the most recent Dividend Payment Date on or prior to such date. There shall be no Accumulated Dividends with respect to any share of Preferred Stock prior to the first Dividend Payment Date.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.