Series 16 Preferred Units definition

Series 16 Preferred Units has the meaning ascribed thereto in Section 11.1(g) hereof;
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Series 16 Preferred Units has the meaning given to such term in the preamble to this Part XVII of Schedule A.
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Examples of Series 16 Preferred Units in a sentence

  • The holders of the Series 16 Preferred Units will be entitled to receive floating rate cumulative preferential cash distributions equal to the three month Government of Canada Treasury Bill Rate plus 3.94%.The preferred limited partners’ equity units do not have a fixed maturity date and are not redeemable at the option of the holders.

  • The holders of the Series 16 Preferred Units will be entitled to receive floating rate cumulative preferential cash distributions equal to the three month Government of Canada Treasury Bill Rate plus 3.94%.The Preferred Units do not have a fixed maturity date and are not redeemable at the option of the holders.

Related to Series 16 Preferred Units

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.