Examples of Series 10 Preferred Limited Partnership Units in a sentence
The Partnership shall give notice in writing not less than 25 days nor more than 60 days prior to the applicable Series 10 Reclassification Date or such other date on which the Series 10 Preferred Limited Partnership Units are to be redeemed of its intention to redeem such Series 10 Preferred Limited Partnership Units to each person who at the date of giving such notice is the Holder of Series 10 Preferred Limited Partnership Units to be redeemed.
Such notice shall set out the number of such Series 10 Preferred Limited Partnership Units held by the person to whom it is addressed which are to be redeemed and the Redemption Price and shall also set out the date on which the redemption is to take place.
Beneficial owners of Series 10 Preferred Limited Partnership Units will not have the right to receive unit certificates representing their ownership of the Series 10 Preferred Limited Partnership Units.
The Partnership shall give notice in writing thereof to the Holders of such remaining Series 10 Preferred Limited Partnership Units at least seven (7) days prior to the Series 10 Reclassification Date.
The Partnership may not redeem any of the Series 10 Preferred Limited Partnership Units prior to July 31, 2021.
If at any such meeting the Holders of at least 25% of the then Outstanding Series 10 Preferred Limited Partnership Units are not present or represented by proxy within one half hour after the time appointed for such meeting, then the meeting shall be adjourned to such date not less than 5 days thereafter and to such time and place as may be designated by the chairman of such meeting, and no notice need be given of such adjourned meeting.
At such adjourned meeting, the Holders(s) of Series 10 Preferred Limited Partnership Units represented in person or by proxy may transact the business for which the meeting was originally called and the Holders of Series 10 Preferred Limited Partnership Units then represented in person or by proxy shall form the necessary quorum.
Holders of Series 10 Preferred Limited Partnership Units shall not have any rights of preemption with regard to any Partnership Interests.
These applicants will be informed by letter that their application has been transferred to the H&C queue for processing.
No other voting rights shall attach to the Series 10 Preferred Limited Partnership Units in any circumstances.