Preferred Entitlements definition

Preferred Entitlements shall have the meaning set forth in the Partnership Agreement and, for purposes of this Preferred Partnership Securities Guarantee, shall include any Compounded Preferred Entitlements (as defined in the Partnership Agreement).
Sample 1Sample 2
Preferred Entitlements has the meaning set forth in Section 6.2(b) of the Limited Partnership Agreement.
Sample 1Sample 2
Preferred Entitlements has the meaning set forth in Section 2.4(b)(viii). EAST\79741171.22 11
Sample 1

Examples of Preferred Entitlements in a sentence

  • The Limited Partners shall receive periodic Distributions with respect to Preferred Entitlements, redemption payments and liquidation distributions in accordance with the terms of the Preferred Partnership Securities set forth in Article VI.

  • For any period shorter than a full 90-day quarter, Preferred Entitlements will be computed on the basis of the actual number of days elapsed in such 90-day quarter.

  • Seller shall use reasonable efforts to assist Buyer, at Buyer's expense, in the preparation and processing of all documentation reasonably required in connection with obtaining the Buyer's Preferred Entitlements.

  • Under no circumstances, however, shall the Special Representative have authority to cause the General Partner to declare Distributions in respect of Preferred Entitlements on the Preferred Partnership Securities nor to have any authority concerning the selection of Partnership Investments.

  • When the Special Representative acts to enforce the rights of the Holders under the Partnership Guarantee or their rights to receive Distributions in respect of Preferred Entitlements on the Preferred Partnership Securities, the Special Representative acts as an agent of the Holders.

  • Preferred Entitlements shall, from the date of original issue, accumulate and be cumulative.

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

  • Distributions in respect of Preferred Entitlements on the Preferred ------------- Partnership Securities will be payable if, as and when, declared by the General Partner in its sole discretion, out of the assets of the Partnership legally available therefor.

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

  • Preferred Entitlements not distributed on the scheduled Distribution Payment Date will accumulate and compound quarterly at the rate of 9.75% per annum (such amount in excess of such preferred entitlements is herein referred to as "Compounded Preferred Entitlements").

Related to Preferred Entitlements

  • Entitlements shall have the meaning set forth in Section 5(a)(i).

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Securities Entitlement means the rights and property interests of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Collateral Support means all property (real or personal) assigned, hypothecated or otherwise securing any Collateral and shall include any security agreement or other agreement granting a lien or security interest in such real or personal property.

  • Preferred Equity means any stock, shares or other ownership interests in the issuer thereof howsoever evidenced (including, without limitation, limited liability company membership interests), whether with or without voting rights, that is entitled to dividends or distributions prior to the payment of dividends or distributions with respect to Common Equity.

  • Preferred Equity Interest means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Entitlement means the entitlement specified as such in the definition of the relevant Series, subject to any adjustment in accordance with Product Condition 4;

  • Full Entitlement ADR(s) “Full Entitlement ADS(s)” and “Full Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Management Agreements shall have the meaning provided in Section 5.05.

  • Subordinated Certificates As specified in the Preliminary Statement.

  • ERISA Restricted Certificates Any Class B-4, Class B-5 or Class B-6 Certificate.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Seller Notes means any promissory note or notes issued by the Borrower or a Restricted Subsidiary of the Borrower in respect of any acquisition permitted hereunder as consideration in connection with such acquisition, but that is not in the nature of an earn-out obligation or similar deferred or contingent obligation.

  • Partial Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Retired Capital Stock shall have the meaning provided in Section 10.5(b)(2).

  • Partial Entitlement ADR(s) “Partial Entitlement ADS(s)” and “Partial Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Cash Management Agreements means those certain cash management agreements, in form and substance satisfactory to Agent, each of which is among Administrative Borrower or one of its Subsidiaries, Agent, and one of the Cash Management Banks.

  • Special Assessments means any of the following, except as otherwise provided in subsection (6):

  • Senior Subordinate Certificates The Class B1, Class B2 and Class B3 Certificates.

  • Company Subsidiary Securities has the meaning set forth in Section 3.02(d).

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.