Examples of Preferred Series A Subclass 0 Unit Accounts in a sentence
Promptly following a redemption notice a holder of Preferred Series A Subclass 0 Unit Accounts, the Partnership shall mandatorily redeem the applicable amount of Preferred Series A Subclass 0 Unit Accounts.
In the event that Available Redeeming Cash is insufficient to redeem all applicable Preferred Series A Subclass 0 Unit Accounts that are to be redeemed for cash, the Partnership shall, on a quarterly basis, redeem additional Preferred Series A Subclass 0 Unit Accounts until all such Preferred Series A Subclass 0 Unit Accounts have been redeemed.
In exchange for the redemption of the Preferred Series A Subclass 0 Unit Accounts, the Partnership shall distribute Available Redeeming Cash Pro Rata to the holders of the Preferred Series A Subclass 0 Unit Accounts then being redeemed until such time as the Sub-Capital Accounts associated with Preferred Series A Subclass 0 Unit Accounts have been reduced by the requested amount.
The Put Right of each Holder shall be subject to applicable law, the rights of redemption of the holders of Preferred Series A Subclass 0 Unit Accounts of BCH and the rights of redemption or other similar rights to sell securities to the Company of the holders of Preferred Series B-1 Unit Accounts of the Company with respect to their Preferred Series B-1 Unit Accounts of the Company or other securities issued in connection therewith.
For each tax period following the creation of an Excess Amount, Profit, or income or gain, shall be specially allocated, pursuant to the principals of Treasury Regulations Section 1.704-1(b)(4)(x), to the Preferred Series A Subclass 1 Unit Accounts, prior to any amount of Profit, income or gain being allocated to any other class of Units (other than the Preferred Series A Subclass 0 Unit Accounts) or Limited Partners until such special allocations equal, in the aggregate, such Excess Amount.
The Preferred Series A Subclass 0 Unit Accounts shall continue to be convertible from and after January 1, 2023.
Moreover, Dresher (2017) argues that, because of its excessive novelty, BCT can violate the integrity of the traditional peer-to-peer systems.