Series A Distribution Period definition

Series A Distribution Period means a period of time from and including the preceding Series A Distribution Payment Date (other than the initial Series A Distribution Period, which shall commence on and include the Series A Original Issue Date), to but excluding the next Series A Distribution Payment Date for such Series A Distribution Period.
Series A Distribution Period means (i) the period commencing on (and including) the Series A Original Issue Date and ending on (and including) December 31, 2016, and (ii) any subsequent three-month period commencing on (and including) any January 1, April 1, July 1 or October 1 and ending on (and including) the last day in March, June, September and December, respectively.
Series A Distribution Period means the respective periods commencing on and including the first day of January, April, July and October of each year and ending on and including the day preceding the first day of the next succeeding Series A Distribution Period (other than the initial Series A Distribution Period, which shall commence on the date that any Series A Units are issued and end on and include December 31, 2016, and other than the Series A Distribution Period during which any Series A Preferred Units shall be redeemed pursuant to Section 18.4 hereof, which shall end on and include the day preceding the redemption date with respect to the Series A Preferred Units being redeemed).

Examples of Series A Distribution Period in a sentence

  • Distributions shall accumulate in each Series A Distribution Period from and including the preceding Series A Distribution Payment Date (other than the initial Series A Distribution Period, which shall commence on and include the Series A Original Issue Date), to but excluding the next Series A Distribution Payment Date for such Series A Distribution Period, and distributions shall accrue on accumulated Series A Distributions at the Series A Distribution Rate.

  • Accumulated Series A Distributions in Arrears for any past Series A Distribution Period may be declared by the General Partner and paid on any date fixed by the General Partner, whether or not a Series A Distribution Payment Date, to Series A Holders on the Record Date for such payment, which may not be less than 10 days before such payment date.

  • Distributions shall accumulate in each Series A Distribution Period from and including the preceding Series A Distribution Payment Date (other than the initial Series A Distribution Period, which shall commence on and include the Series A Original Issue Date), to but excluding the next Series A Distribution Payment Date for such Series A Distribution Period and distributions shall accrue on accumulated Series A Distributions at the Series A Distribution Rate.

  • Accumulated Series A Distributions in arrears for any past Series A Distribution Period may be declared by the Board of Directors and paid on any date fixed by the Board of Directors, whether or not a Series A Distribution Payment Date, to Series A Holders on the record date for such payment, which may not be more than 60 days, nor less than 15 days, before such payment date.

  • Distributions shall accumulate in each Series A Distribution Period from and including the preceding Series A Distribution Payment Date (other than the initial Series A Distribution Period, which shall commence on and include the Series A Original Issue Date), to but excluding the next Series A Distribution Payment Date for such Series A Distribution Period; provided that distributions shall accrue on accumulated but unpaid Series A Distributions at the Series A Distribution Rate.

  • If at least two quotations are provided, the Series A Three-Month LIBOR Rate for such Series A Distribution Period will be the arithmetic mean (rounded upward if necessary, to the nearest 0.00001 of 1%) of those quotations.

  • Series A Distributions payable for any Series A Distribution Period during the Series A Fixed Rate Period will be calculated based on a 360-day year consisting of twelve 30-day months.

  • Series A Distributions payable for any Series A Distribution Period during the Series A Floating Rate Period will be calculated based on a 360-day year and the number of days actually elapsed during such Series A Distribution Period.

  • If fewer than three New York City banks selected by the Partnership provide quote rates in the manner described above, the Series A Three-Month LIBOR Rate for the applicable Series A Distribution Period will be the same as for the immediately preceding Series A Distribution Period, or, if there was no such Series A Distribution Period, the distribution shall be calculated at the Series A Distribution Rate in effect for the immediately preceding Series A Distribution Period.

  • Accumulated Series A Distributions in Arrears for any past Series A Distribution Period may be declared by the General Partner and paid on any date fixed by the General Partner, whether or not a Series A Distribution Payment Date, to Series A Holders on the record date for such payment, which may not be less than 10 days before such payment date.


More Definitions of Series A Distribution Period

Series A Distribution Period means any quarterly distribution period commencing on January 1, April 1, July 1, and October 1 of each year and ending on and including the day preceding the first day of the next succeeding Series A Distribution Period (other than the initial Series A Distribution Period with respect to each Series A Preferred Unit, which shall commence on the date on which such Series A Preferred Unit was issued by the Partnership and end on and include the day preceding the first day of the next succeeding Series A Distribution Period).
Series A Distribution Period means a period of time from and including the preceding Series A Distribution Payment Date (other than the initial Series A Distribution Period, which shall commence on and include the Series A Original Issue Date), to, but excluding, the next Series A Distribution Payment Date for such Series A Distribution Period. “Series A Distribution Rate” means except as modified pursuant to Section 3.12(b)(i), an annual rate equal to a percentage of the Series A Liquidation Preference equal to the sum of (i) the Series A Three-Month SOFR, as calculated on each applicable Periodic Term SOFR Determination Day, and (ii) 7.69%. “Series A Junior Securities” means any class or series of Limited Partner Interests that, with respect to distributions on such Limited Partner Interests and distributions upon liquidation of the Partnership, expressly ranks junior to the Series A Preferred Units, including but not limited to Common Units, but excluding any Series A Parity Securities and Series A Senior Securities. “Series A Liquidation Preference” means a liquidation preference for each Series A Preferred Unit initially equal to $1,000 per unit (subject to adjustment for any splits, combinations
Series A Distribution Period means each calendar year.
Series A Distribution Period in Section 1 of Exhibit AP to the Agreement is hereby amended and restated in its entirety to read as follows:
Series A Distribution Period means monthly distribution periods commencing on the first day of each month and ending on and including the day preceding the first day of the next succeeding Series A Distribution Period (other than the initial Series A Distribution Period, which shall commence on the date Series A Preferred Units are issued and sold and end on and include May 31, 2012).
Series A Distribution Period means the respective periods commending on and including the first day of January, April, July and October of each year and ending on and including the day preceding the first day of the next succeeding Series A Distribution Period (other than the initial Series A Distribution Period, which shall commence on the date that any Series A Units are issued and end on and include December 31, 2016, and other than the Series A Distribution Period during which any Series A preferred Units shall be redeemed pursuant to Section 18.4 hereof, which shall end on and include the day preceding the redemption date with respect to the Series A Preferred Units being redeemed).