Series 1 CPOP Unit definition

Series 1 CPOP Unit means the Partnership’s 4.43937% Cumulative Redeemable Convertible Preferred Units, with the rights, priorities and preferences set forth herein.
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Examples of Series 1 CPOP Unit in a sentence

  • Distributions on the Series 1 CPOP Units that are due but unpaid will accumulate and compound quarterly, on the applicable Series 1 CPOP Unit Distribution Payment Date after each calendar quarter, at the rate of 4.43937% per annum, whether or not there is sufficient Available Cash for such distributions and whether or not such distributions are authorized.

Related to Series 1 CPOP Unit

  • Preferred Share means a share of capital stock of the General Partner now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • 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.

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • 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.