Series A Preferred Units definition

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

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

Series A Preferred Units means a Unit designated as a “Series A Preferred Unit” and having the rights and obligations specified with respect to the Series A Preferred Units in this Agreement.

Examples of Series A Preferred Units in a sentence

• No interest, or sum of money in lieu of interest, shall be payable in respect of any distribution payment or payments on Series A Preferred Units which may be in arrears.

• The amount of any distribution payable on the Series A Preferred Units for any partial distribution period will be prorated and computed, and for any full distribution period will be computed, on the basis of twelve 30-day months and a 360-day year.

• Any distribution made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid Series A Preferred Return which remains payable.

• The Series A Preferred Units are not convertible or exchangeable for any other property or securities, except as provided herein.

• Holders of the Series A Preferred Units will not have any voting rights.

More Definitions of Series A Preferred Units

Series A Preferred Units means the Partnership’s 8.5% Series A Cumulative Redeemable Partnership Units, with the rights, priorities and preferences set forth herein.

Series A Preferred Units means the Series A Preferred Units representing limited partner interests in the Partnership and having the rights and obligations specified in the Partnership Agreement.

Series A Preferred Units means the Partnership’s Series A Convertible Preferred Units.

Series A Preferred Units means any Units designated as “Series A Convertible Preferred Units” and issued pursuant to Section 5.8, including any Units issued under Section 5.8(b)(ii) and any Series A PIK Units.

Series A Preferred Units shall have the meaning set forth in Section 4.3(a).

Series A Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 10 1/4% Series A Cumulative Redeemable Preferred Units (Liquidation Preference $25 per share), with the preferences, liquidation and other rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption of units as described herein.

Series A Preferred Units means the Partnership's 8 1/2% Series A Cumulative Redeemable Partnership Units.