Series 5 Preferred Units definition

Series 5 Preferred Units has the meaning ascribed thereto in Section 11.1(g) hereof;
Series 5 Preferred Units means the Class A Preferred Units, Series 5 of BEP. “Series 7 Preferred Units” means the Class A Preferred Units, Series 7 of BEP. “Series 8 Preferred Units” means the Class A Preferred Units, Series 8 of BEP. “Series 9 Preferred Units” means the Class A Preferred Units, Series 9 of BEP. “Series 10 Preferred Units” means the Class A Preferred Units, Series 10 of BEP. “Series 11 Preferred Units” means the Class A Preferred Units, Series 11 of BEP. “Series 12 Preferred Units” means the Class A Preferred Units, Series 12 of BEP. “Series 13 Preferred Units” means the Class A Preferred Units, Series 13 of BEP. “Series 14 Preferred Units” means the Class A Preferred Units, Series 14 of BEP. “Series 15 Preferred Units” means the Class A Preferred Units, Series 15 of BEP. “Series 16 Preferred Units” means the Class A Preferred Units, Series 16 of BEP. “Series 17 Preferred Units” means the Class A Preferred Units, Series 17 of BEP.
Series 5 Preferred Units means Class A Preferred Limited Partnership Units, Series 5 of the Partnership. “Series 7 Interest Adjustments” has the meaning ascribed thereto in “Earnings Coverage Ratios”.

Examples of Series 5 Preferred Units in a sentence

  • In August 2016, Brookfield Infrastructure issued 10 million Series 5 Preferred Units at C$25 per unit with a quarterly fixed distribution at a rate of 5.35% annually for the initial period ending September 30, 2021.

  • Any Series 5 Preferred Units that shall at any time have been redeemed shall after such redemption, have the status of authorized but unissued Preferred Units, without designation as to class or series until such units are once more designated as part of a particular class or series by the General Partner.

  • After payment of the full amount of the liquidating distributions to which they are entitled, the holders of Series 5 Preferred Units will have no right or claim to any of the remaining assets of the Partnership.

  • Holders of Series 5 Preferred Units shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein.

  • The City will exercise care, conservancy, planning, attention, upkeep, and management of its financial resources.

  • If any date on which distributions are to be made on the Series 5 Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date.

  • The term “equity securities” does not include debt securities, which will rank senior to the Series 5 Preferred Units.

  • Distributions on the Series 5 Preferred Units will accrue whether or not the terms and provisions of any agreement of the Partnership, including any agreement relating to its indebtedness, at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such distributions and whether or not such distributions are authorized or declared.

  • Holders of the Series 5 Preferred Units will not have any voting rights, except as required by the Act.

  • In August 2016, our partnership issued 10 million Series 5 Preferred Units at C$25 per unit with a quarterly fixed distribution at a rate of 5.35% annually for the initial period ending September 30, 2021.

Related to Series 5 Preferred Units

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.