Compounded Distributions definition

Compounded Distributions has the meaning set forth in Section 7.1(a) of this Declaration.

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Compounded Distributions has the meaning set forth in Section 6.2 of this Agreement.

Compounded Distributions shall have the meaning specified in Section 7.2(b).

Examples of Compounded Distributions in a sentence

• Distributions and Compounded Distributions (as defined below) (if any) on the Partnership Preferred Securities shall be cumulative from the Closing Date.

• Limited Partners shall receive periodic Distributions and Compounded Distributions, if any, redemption payments and liquidation distributions in accordance with the terms of the Partnership Preferred Securities set forth in Article VI.

• The Partnership may not redeem the Partnership Preferred Securities in part unless all accumulated and unpaid Distributions, including any Compounded Distributions, have been paid in full on all Partnership Preferred Securities for all Fiscal Periods terminating on or prior to the date of redemption.

• Distributions not paid on the scheduled payment date will accumulate and compound quarterly at the rate of __% per annum ("Compounded Distributions").

• Distributions not paid on the scheduled Distribution Payment Date will accumulate and compound quarterly at the rate of __% per annum ("Compounded Distributions").

• The Partnership may not redeem at the option of the General Partner the Partnership Preferred Securities in part unless all accumulated and unpaid Distributions, including any Compounded Distributions, have been paid in full on all Partnership Preferred Securities for all Fiscal Periods terminating on or prior to the date of redemption.

• Partnership Preferred Securities shall be redeemable at the option of the General Partner, in whole or in part, from time to time, on or after March 30, 2007, upon not less than 30 nor more than 60 days notice, at an amount per Partnership Preferred Securities equal to $25 plus accumulated and unpaid Distributions thereon, including any Compounded Distributions (the "Redemption Price").

• Distributions not paid on the scheduled Distribution Payment Date will accumulate and compound quarterly at the rate of ___% per annum ("Compounded Distributions").

• Partnership Preferred Securities shall be redeemable at the option of the General Partner, in whole or in part, from time to time, on or after December 30, 2006, upon not less than 30 nor more than 60 days' notice, at an amount per Partnership Preferred Securities equal to $25 plus accumulated and unpaid Distributions thereon, including any Compounded Distributions (the "Redemption Price").

• The terms "Distribution" shall mean ordinary quarterly distributions together with any Compounded Distributions.

More Definitions of Compounded Distributions

Compounded Distributions has the meaning set forth in Section 7.1(a) of this Trust Agreement.

Compounded Distributions has the meaning set forth in Section 6.5(b).

Compounded Distributions has the meaning set forth in Section 6.2(b) of this Agreement.

Compounded Distributions has the meaning set forth in Section 7.1(a) of this Declaration. "Corporate Trust Office" means the principal corporate trust office of the Property Trustee in the Borough of Manhattan, the City of New York, which office at the date hereof is called the Global Trust Services Office and is located at ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇. "Covered Person" means: (a) any officer, director, shareholder, partner, member, representative, employee or agent of (i) the Trust or (ii) the Trust's Affiliates; and (b) any Holder of Trust Securities. "Definitive Trust Preferred Security Certificates" has the meaning set forth in Section 10.4 of this Declaration. "Delaware Trustee" has the meaning set forth in Section 6.2 of this Declaration. "Distribution" has the meaning set forth in Section 7.1(a) of this Declaration. "DTC" means The Depository Trust Company, the initial Clearing Agency. "Exchange Act" means the Securities Exchange Act of 1934, as amended from time to time, or any successor legislation. "Fiduciary Indemnified Person" has the meaning set forth in Section 11.4(b) of this Declaration. "Fiscal Period" has the meaning set forth in Section 1.1 of the Limited Partnership Agreement. "Fiscal Year" has the meaning set forth in Section 12.1 of this Declaration. "General Partner" means ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co., Inc., in its capacity as the general partner of the Partnership, its permitted successors, or any successor general partner in the Partnership admitted as such pursuant to the Limited Partnership Agreement.

Compounded Distributions has the meaning specified in Section 7.02(b).