Examples of Series A Priority Return in a sentence
Ideally this allows tax authorities to perform cross-matching between buyers and suppliers to avoid different parties of the same transactions reporting it differently.
Subject to the preferential rights of the holders of any class or series of Senior Units, the holders of the Series A Preferred Units shall be entitled to receive, when, as and if authorized by the General Partner, out of funds legally available for the payment of distributions, cumulative cash distributions per Series A Preferred Unit in an amount equal to the Series A Priority Return accrued thereon.
No distribution shall be made in respect of Common OP Units while any accrued (i) Preferred Dividends, (ii) Series A Priority Return, or (iii) Series B Priority Return remains unpaid unless all such unpaid amounts are paid simultaneously with such distribution." 3.