LP Preferred Units definition

LP Preferred Units means the preferred interests in the Partnership issued to a Limited Partner pursuant to Section 9.3(a) hereof and having the economic rights, including distribution, redemption, conversion and exchange rights and sinking fund provisions, set forth in the related LP Preferred Unit Designation. The number of LP Preferred Units for each outstanding class or series of LP Preferred Units held by each Limited Partner at the date of this Agreement is as set forth on Exhibit A attached hereto.
LP Preferred Units means the Series A-1 Preferred Units and the Series A-2 Preferred Units.

Examples of LP Preferred Units in a sentence

  • THEREFORE, A PORTION OF THE 03/16/2020 DISTRIBUTION SHOULD BE TREATED AS A NON-DIVIDEND DISTRIBUTION AND SHOULD REDUCE THE BASIS OF THE OUTSTANDING GASLOG PARTNERS LP PREFERRED UNITS FOR THE 2020 TAX YEAR.


More Definitions of LP Preferred Units

LP Preferred Units means the preferred interests in the

Related to LP Preferred Units

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.