Series A Cumulative Convertible Preferred Units definition

Series A Cumulative Convertible Preferred Units means the units designated and created by this Agreement, as described in Section 5.12(a).
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Series A Cumulative Convertible Preferred Units is defined in Section 5.14(a).
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Series A Cumulative Convertible Preferred Units means the units designated and created by this Agreement, as described in S ection 5.12(a). “Series A Distribution” has the meaning assigned to such term in S ection 5.12(d)(i).
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Examples of Series A Cumulative Convertible Preferred Units in a sentence

  • L.P. (“EPD”) Series A Cumulative Convertible Preferred Units (“EPD Convertible Preferred Units”) are senior to the common units in terms of liquidation preference and priority of distributions, and pay a distribution of 7.25% per annum.

  • A series of Preferred Units designated as “Series A Cumulative Convertible Preferred Units” (such Series A Cumulative Convertible Preferred Units, together with any Series A PIK Units, the “Series A Preferred Units”), is hereby designated and created, and the preferences, rights, powers and duties of the holders of the Series A Preferred Units are set forth herein, including this Section 5.12.

  • A class of units of the Partnership is hereby authorized and designated as the "Series A Cumulative Convertible Preferred Units" (the "Series A Preferred Units").

  • There is hereby created a class of Units designated as "Series A Cumulative Convertible Preferred Units" (the "Series A Preferred Units"), with the designations, preferences and relative, participating, optional or other special rights, privileges, powers, duties and obligations as are set forth in this Agreement.

  • The Partnership or the General Partner shall cause a notice of such mandatory conversion to be mailed, postage prepaid, to the holders of the Series A Cumulative Convertible Preferred Units at their respective addresses appearing on the unit transfer records of the Partnership.

  • If more than one (1) unit of the same holder shall be called for conversion at one time, the number of full Class A Units issuable, or cash paid, upon conversion thereof shall be computed on the basis of the aggregate number of Series A Cumulative Convertible Preferred Units so converted.

  • If fewer than all the Series A Cumulative Convertible Preferred Units represented by any certificate are redeemed, then new certificates representing the unredeemed units shall be issued without cost to the holder thereof.

  • If more than one (1) unit shall be surrendered for redemption at one time by the same holder, the number of full Class A Units issuable, or cash paid, upon redemption thereof shall be computed on the basis of the aggregate number of Series A Cumulative Convertible Preferred Units so surrendered.

  • The limited partners of the Partnership existing as of [recent date] owned [ ] Common Units, [ ] Class E Units, [ ] Class G Units, [ ] Class H Units, [ ] Class I Units, [ ] Class J Units and [ ] Series A Cumulative Convertible Preferred Units (collectively, the “Existing Units”), collectively representing an approximate 99.0% limited partner interest in the Partnership.

  • The limited partners of the Partnership own 145,843,942 Common Units and 4,371,586 Series A Cumulative Convertible Preferred Units of the Partnership (“Series A Units”), which Series A Units are convertible into Common Units at an initial conversion price of $18.30 per unit, subject to adjustment.


More Definitions of Series A Cumulative Convertible Preferred Units

Series A Cumulative Convertible Preferred Units has the meaning assigned to such term in Paragraph 2 of this Supplemental Terms Annex.
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Related to Series A Cumulative Convertible Preferred Units

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

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

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

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

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

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

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 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-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

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

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

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

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

  • 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.

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

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

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

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, 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-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

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

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