Preferred Unit Distribution Period definition

Preferred Unit Distribution Period means the Series A Distribution Period and/or the Series B Distribution Period, as applicable.
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Preferred Unit Distribution Period means the Series A Distribution Period and/or the Series B Distribution Period, as applicable. “Preferred Unit Holders” means Series A Holders and/or Series B Holders, as applicable.
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Preferred Unit Distribution Period means the Series A Distribution Period and/or the Series B Distribution Period, as applicable. “Preferred Unit Distributions” means Series A Distributions and/or Series B Distributions, as applicable. “Preferred Unit Holders” means Series A Holders and/or Series B Holders, as applicable. “Preferred Unit Liquidation Preference” means the Series A Liquidation Preference or the Series B Liquidation Preference, as applicable. “Preferred Unit Payments” means Series A Payments and/or Series B Payments, as applicable. “Preferred Units” means a Partnership Security, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions over Common Units, including the Series A Preferred Units and the Series B Preferred Units. “Prior Agreement” means the Fourth Amended and Restated Agreement of Limited Partnership of the Partnership dated as of January 1, 2019. “Pro Rata” means (a) when modifying Units (other than Preferred Units) or any class or series thereof, apportioned equally among all designated Units (other than Preferred Units) in accordance with their relative Percentage Interests, (b) when modifying Partners or Record Holders, apportioned among all Partners or Record Holders in accordance with their relative Percentage Interests and (c) when modifying holders of Preferred Units (or a particular series thereof), apportioned equally among all holders of Preferred Units (or such series thereof) in accordance with the relative number or percentage of Preferred Units (or such series thereof), as applicable, held by such holder.
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Examples of Preferred Unit Distribution Period in a sentence

  • Any such Series C Preferred Unit Special Distribution shall be deemed to be a distribution payable to holders of Series C Preferred Units for the Series C Preferred Unit Distribution Period in which the record date for the corresponding Special Dividend falls, and shall be in addition to and shall not reduce any Series C Preferred Unit Base Distribution, Series C Preferred Unit Ratchet Distribution or Series C Preferred Unit Default Distribution for such Series C Preferred Unit Distribution Period.

  • With respect to each Series C Preferred Unit Distribution Period, holders of Series C Preferred Units shall be entitled to a default distribution per Series C Preferred Unit (a “Series C Preferred Unit Default Distribution”) in an aggregate amount equal to any Default Dividend (as defined in the Series C Articles Supplementary) paid or payable on a share of Series C Preferred Stock with respect to such Series C Preferred Unit Distribution Period.

  • Any such Series C Preferred Unit Ratchet Distribution shall be in addition to and shall not reduce any Series C Preferred Unit Base Distribution, Series C Preferred Unit Special Distribution or Series C Preferred Unit Default Distribution for the applicable Series C Preferred Unit Distribution Period.

  • Any such Series C Preferred Unit Default Distribution shall be in addition to and shall not reduce any Series C Preferred Unit Base Distribution, Series C Preferred Unit Ratchet Distribution or Series C Preferred Unit Special Distribution for the applicable Series C Preferred Unit Distribution Period.

  • Subject to the limitations set forth in Section 3.12(c)(iv), the Company may pay any declared distribution (or any portion of any declared distribution) on the Series A Preferred Units, whether or not for a current Series A Preferred Unit Distribution Period or any prior Series A Preferred Unit Distribution Period, as determined in the Manager’s sole discretion: (a) in cash, (b) by delivery of Common Units or (c) through any combination of cash and Common Units.

  • Distributions payable on Series A Preferred Units for the initial Series A Preferred Unit Distribution Period and any other partial Series A Preferred Unit Distribution Period shall be computed based upon the actual number of days elapsed during such period over a 360-day year (consisting of twelve 30-day months).

  • The amount of any distribution payable on the 7.125% Series A Cumulative Redeemable Preferred Units for any 7.125% Series A Cumulative Redeemable Preferred Unit Distribution Period (as defined below) shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

  • The amount of any distribution payable on the 7.125% Series B Cumulative Redeemable Preferred Units for any 7.125% Series B Cumulative Redeemable Preferred Unit Distribution Period (as defined below) shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

  • The amount of any distribution payable on the Series A Preferred Units for any Series A Preferred Unit Distribution Period (as defined below) shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

  • The amount of any distribution payable on the Series C Preferred Units for any Series C Preferred Unit Distribution Period (as defined below) shall be computed on the basis of a 360-day year consisting of twelve 30-day months.


More Definitions of Preferred Unit Distribution Period

Preferred Unit Distribution Period means the respective periods commencing on and including the first day of January, April, July and October of each year and ending on and including the day preceding the first day of the next succeeding 7.125% Series A Cumulative Redeemable Preferred Unit Distribution Period (other than the 7.125% Series A Cumulative Redeemable Preferred Unit Distribution Period during which any 7.125% Series A Cumulative Redeemable Preferred Units shall be redeemed pursuant to Section 2.F of this Exhibit F, which shall end on and include the day preceding the redemption date with respect to the 7.125% Series A Cumulative Redeemable Preferred Units being redeemed).\
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Related to Preferred Unit Distribution Period

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date and, in the case of any Straddle Period, the portion of such Tax Period beginning on the day after the Distribution Date.

  • Class C Distribution Amount With respect to any Distribution Date, the sum of (i) the Current Interest for the Class C Interest for such Distribution Date, (ii) any Overcollateralization Release Amount for such Distribution Date and (iii) without duplication, any Subsequent Recoveries not distributed to the Class A, Class M and Class B Certificates on such Distribution Date; provided, however, that, on any Distribution Date after the Distribution Date on which the Certificate Principal Balances of the Class A, Class M and Class B Certificates have been reduced to zero, the Class C Distribution Amount shall include the Overcollateralization Amount.

  • Class Optimal Interest Distribution Amount With respect to any Distribution Date and interest-bearing Class, the sum of (i) one month's interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Class, on the related Class Certificate Balance or Notional Amount, as applicable, immediately prior to such Distribution Date, subject to reduction pursuant to Section 4.02(d), and (ii) any Class Unpaid Interest Amounts for such Class.

  • Current Class B Interest Distribution Amount As to any Distribution Date, the amount distributed in respect of the Classes of Class B Certificates pursuant to Paragraphs fifth, eighth, eleventh, fourteenth, seventeenth and twentieth of Section 4.01(a) on such Distribution Date.

  • Class B Distribution Amount Any of the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 or Class B-6 Distribution Amounts.

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Pre-Distribution Period means any Taxable period (or portion thereof) ending on or before the Distribution Date.

  • Class B-6 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-6 Certificates pursuant to Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).

  • Class A Interest Distribution Amount means, as to each Class of Class A Certificates and any Remittance Date, the sum of the amounts specified in clause (a)(i), (a)(ii), (a)(iii), (a)(iv), (a)(v), (a)(vi) and (a)(vii), as appropriate, of the definition of the term "Class A Formula Distribution Amount" and the Unpaid Class A Interest Shortfall, if any, with respect to such Class.

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Regular Principal Distribution Amount means, with respect to any Payment Date, an amount equal to (a) the excess, if any, of (i) the Note Balance as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date), over (ii) the excess, if any, of the Adjusted Pool Balance as of the end of the related Collection Period less the Overcollateralization Target Amount minus (b) the sum of the First Priority Principal Distribution Amount and the Second Priority Principal Distribution Amount for such Payment Date.

  • Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Class C Final Distribution Date means the October 15, 2021 Distribution Date.

  • Class B-5 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-5 Certificates pursuant to Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).

  • Class B Final Distribution Date means the August 16, 2021 Distribution Date.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.

  • Regular Distribution Date Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Class A-P Principal Distribution Amount As defined in Section 4.02.

  • Class B-1 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-1 Certificates pursuant to Paragraphs fifth, sixth and seventh of Section 4.01(a).

  • Dissolution Distribution Amount means, in relation to each Certificate:

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Class B-2 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-2 Certificates pursuant to Paragraphs eighth, ninth and tenth of Section 4.01(a).

  • Current Class A Interest Distribution Amount As to any Distribution Date, the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph first of Section 4.01(a) on such Distribution Date.