Preferred Partnership Securities definition

Preferred Partnership Securities means the limited partnership interests, if any, issued pursuant to the Agreement of Limited Partnership.
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Preferred Partnership Securities has the meaning set forth in Section 1.1 of the Limited Partnership Agreement.
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Preferred Partnership Securities means those securities representing limited partnership interests in the Partnership.
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Examples of Preferred Partnership Securities in a sentence

  • Such distributions will be paid through the Property Trustee who will hold amounts received in respect of the Preferred Partnership Securities in the Property Account for the benefit of the Holders.

  • The Preferred Partnership Securities will be issued in registered form only.

  • The Definitive L.P. Certificates shall be printed, lithographed or engraved or may be produced in any other manner as may be required by any national securities exchange on which Preferred Partnership Securities may be listed and is reasonably acceptable to the General Partner, as evidenced by its execution thereof.

  • The Preferred Partnership Securities are freely transferable on the books and records of the Partnership, in person or by a duly authorized attorney, upon surrender of this certificate duly endorsed and in proper form for transfer.

  • This Preferred Partnership Securities Guarantee is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Partnership Securities.

  • This Preferred Partnership Securities Guarantee may be amended only by an instrument in writing entered into by the Guarantor and the Partnership Guarantee Trustee.

  • The Registrar shall keep a register of the Preferred Partnership Securities and of their transfer and exchange.

  • All guarantees and agreements contained in this Preferred Partnership Securities Guarantee shall bind the successors, assigns, receivers, trustees and representatives of the Guarantor and shall inure to the benefit of the Holders of the Preferred Partnership Securities then outstanding.

  • Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Preferred Partnership Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

  • The Partnership Guarantee Trustee makes no representation as to the validity or sufficiency of this Preferred Partnership Securities Guarantee.


More Definitions of Preferred Partnership Securities

Preferred Partnership Securities represent the Interests of Limited Partners and have the stated liquidation preference and designation set forth in Section 6.2(a) of this Agreement.
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Preferred Partnership Securities is defined in the Statement of Common Definitions.
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Related to Preferred Partnership Securities

  • Partnership Securities has the meaning assigned to such term in Section 4.4(a).

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Partnership Security means any class or series of equity interest in the Partnership (but excluding any options, rights, warrants and appreciation rights relating to an equity interest in the Partnership), including without limitation, Common Units, Subordinated Units and Incentive Distribution Rights.

  • 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.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Common Units is defined in the Partnership Agreement.

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

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Lock-Up Securities has the meaning set out in Section 5(l).

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Series B Securities means the 11-1/2% Senior Notes due 2007, Series B, of the Company to be issued pursuant to this Indenture in exchange for the Series A Securities pursuant to the Registered Exchange Offer and the Registration Rights Agreement.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • 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.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • NIM Securities As defined in the tenth Recital to this Agreement.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.