Examples of Series A Preferred Redemption Date in a sentence
So long as the Series A Preferred Units to be redeemed are held of record by the nominee of the Depositary, the Series A Preferred Redemption Price shall be paid by the Paying Agent to the Depositary on the Series A Preferred Redemption Date.
The Parent shall promptly, and in no event later than the Series A Preferred Redemption Date, give such Tendering Series A Preferred Unit Holder written notice of its election to deliver the Series A Preferred REIT Shares Amount, and the Tendering Series A Preferred Unit Holder may elect to withdraw its redemption request at any time prior to the acceptance of the cash or Series A Preferred REIT Shares Amount by such Tendering Series A Preferred Unit Holder.
Notwithstanding any delay in such delivery (but subject to Section 16.4.E), the Tendering Series A Preferred Unit Holder shall be deemed the owner of such REIT Shares for all purposes, including without limitation, rights to vote or consent, and receive dividends, as of the Series A Preferred Redemption Date.
The Series A Preferred Redemption Amount shall be payable to the Tendering Series A Preferred Unit Holder on the Series A Preferred Redemption Date.
Until a Series A Preferred Redemption Date, the Tendering Series A Preferred Unit Holder shall have no rights as a stockholder of the Parent with respect to such Tendering Series A Preferred Unit Holder’s Series A Preferred Units.
For the avoidance of doubt, no share of Series A Preferred Stock that is converted into Conversion Securities prior to the applicable Series A Preferred Redemption Date (including any shares of Series A Preferred Stock as to which Conversion Rights are exercised following the delivery of a Series A Preferred Redemption Notice but prior to the applicable Series A Preferred Redemption Date) shall be subject to redemption pursuant to this Section 4.5(b)(i).
The tendering Series A Preferred Unit Holder shall have no right, with respect to any Series A Preferred Units so redeemed, to receive any distributions paid on or after the Series A Preferred Redemption Date.
On or before the Series A Preferred Redemption Date, each holder of Series A Preferred Units that are subject to a Series A Preferred Election Notice shall surrender the certificate or certificates representing such Series A Preferred Units to the Partnership in the manner and place designated in Section 10.3 of the Partnership Agreement.
If on the applicable Series A Preferred Redemption Date, the Series A Preferred Redemption Price is paid (or tendered for payment) for any of the Series A Preferred Units to be redeemed on such Series A Preferred Redemption Date, then on such date all rights of the holder in the Series A Preferred Units so redeemed and paid or tendered, including any rights to distributions on such Series A Preferred Units, shall cease, and such Series A Preferred Units shall no longer be deemed issued and outstanding.