Examples of Class A Cumulative Preferred Units in a sentence
The Class A Cumulative Preferred Units outstanding immediately prior to the Merger were exchanged for Class A Cumulative Preferred Units created pursuant to the Unit Designation attached as Exhibit C hereto (the “Class A Preferred Unit Designation”) and Debt Securities under the Senior Subordinated Loan Agreement pursuant to Section 2.3(d) of the Merger Agreement.
EXHIBIT A—FORM OF CONVERSION NOTICE Re: Notice of Conversion (“Notice”) of Class A Preferred Units issued by OZ Advisors II LP Reference is made to the Unit Designation of the Preferences and Relative, Participating, Optional, and Other Special Rights, Powers and Duties of Class A Cumulative Preferred Units, dated February 7, 2019 (the “Unit Designation”), relating to the Operating Group Class A Preferred Units issued by OZ Advisors II LP.
EXHIBIT A—FORM OF CONVERSION NOTICE Re: Notice of Conversion (“Notice”) of Class A Preferred Units issued by OZ Management LP Reference is made to the Unit Designation of the Preferences and Relative, Participating, Optional, and Other Special Rights, Powers and Duties of Class A Cumulative Preferred Units, dated February 7, 2019 (the “Unit Designation”), relating to the Operating Group Class A Preferred Units issued by OZ Management LP.
EXHIBIT A - FORM OF CONVERSION NOTICE Re: Notice of Conversion (“Notice”) of Class A Preferred Units issued by OZ Advisors LP Reference is made to the Unit Designation of the Preferences and Relative, Participating, Optional, and Other Special Rights, Powers and Duties of Class A Cumulative Preferred Units, dated February 7, 2019 (the “Unit Designation”), relating to the Operating Group Class A Preferred Units issued by OZ Advisors LP.
The CLOs the Company manages continued to post top quartile performance.•Estimated assets under management totaled $33.6 billion as of February 1, 2017, with OZ Master Fund returning an estimated 2.2% net and OZ Credit Opportunities Fund returning an estimated 1.5% net in January 2017.•In January 2017, the Company completed the subsequent issuance and sale of $150 million of Class A Cumulative Preferred Units (the “Preferred Units”).
The Issuers intend to issue and sell to the Purchasers, and the Purchasers intend to acquire from the Issuers, Class A Cumulative Preferred Units (the “Preferred Units” or the “Purchased Securities”).