Preferred Distribution Requirement definition

Preferred Distribution Requirement means the GP Preferred Distribution Requirement and the LP Preferred Distribution Requirement.
Preferred Distribution Requirement shall have the meaning set forth in Section 4.3(c) hereof.
Preferred Distribution Requirement shall have the meaning set forth in Section 4.4(b) hereof. "Preferred Distribution Shortfall" shall have the meaning set forth in Section 6.2(a)(i). "Preferred Redemption Amount" shall mean, with respect to any class or series of Preferred Units, the sum of (i) the amount of any accumulated Preferred Distribution Shortfall with respect to such class or series of Preferred Units, (ii) the Preferred Distribution Requirement with respect to such class or series of Preferred Units to the date of redemption and (iii) the Preferred Redemption Price indicated in the Preferred Unit Designation with respect to such class or series of Preferred Units. "Preferred Redemption Price" shall have the meaning set forth in Section 4.4(b) hereof. "Preferred Stock" shall mean any class of equity securities of the Company now or hereafter authorized or reclassified, other than the Common Stock, having dividend rights that are superior or prior to dividends payable on the Common Stock. "Preferred Unit Designation" shall have the meaning set forth in Section 4.4(b) hereof.

Examples of Preferred Distribution Requirement in a sentence

  • Specifically, the holders of such Preferred Units shall receive distributions on the class or series of Preferred Units pursuant to Section 6.2 equal to the aggregate dividends payable on the Related Issue at the times such dividend are paid (the "Preferred Distribution Requirement").


More Definitions of Preferred Distribution Requirement

Preferred Distribution Requirement shall have the meaning set forth in Section 4.4(b) hereof. "Preferred Distribution Shortfall" shall have the meaning set forth in Section 6.2(a) (i). "Preferred Redemption Amount" shall mean, with respect to any class or series of Preferred Units, the sum of (i) the amount of any accumulated Preferred Distribution Shortfall with respect to such class or series of Preferred Units, (ii) the Preferred Distribution Requirement with respect to such class or series of Preferred Units to the date of redemption and (iii) the Preferred Redemption Price indicated in the Preferred Unit Designation with respect to such class or series of Preferred Units.
Preferred Distribution Requirement means the GP Preferred Distribution Requirement and the LP Preferred Distribution Requirement. Preferred Distribution Shortfall” shall have the meaning set forth in Section 6.2(b)(i) hereof.