Examples of Series B Preferred Redemption Date in a sentence
Series B Preferred Units to be redeemed are held of record by the nominee of the Depositary, the Series B Preferred Redemption Price shall be paid by the Paying Agent to the Depositary on the Series B Preferred Redemption Date.
Notwithstanding any delay in such delivery (but subject to Section 17.4.E), the Tendering Series B 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 B Preferred Redemption Date.
The tendering Series B Preferred Unit Holder shall have no right, with respect to any Series B Preferred Units so redeemed, to receive any distributions paid on or after the Series B Preferred Redemption Date.
The Parent shall promptly, and in no event later than the Series B Preferred Redemption Date, give such Tendering Series B Preferred Unit Holder written notice of its election to deliver the Series B Preferred REIT Shares Amount, and the Tendering Series B Preferred Unit Holder may elect to withdraw its redemption request at any time prior to the acceptance of the cash or Series B Preferred REIT Shares Amount by such Tendering Series B Preferred Unit Holder.
Until a Series B Preferred Redemption Date, the Tendering Series B Preferred Unit Holder shall have no rights as a stockholder of the Parent with respect to such Tendering Series B Preferred Unit Holder’s Series B Preferred Units.
The Series B Preferred Redemption Amount shall be payable to the Tendering Series B Preferred Unit Holder on the Series B Preferred Redemption Date.