Series B Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.
Series B Preferred Unit means a Unit in the Company that is a Preferred Unit designated as a “Series B Preferred Unit.”
Series B Preferred Unit means a Preferred Unit having the designations, preferences, rights and obligations set forth in Article XVII.
Examples of Series B Preferred Unit in a sentence
Each Series B Preferred Unit shall be identical in all respects to every other Series B Preferred Unit, except as to the respective dates from which the Series B Liquidation Preference shall increase or from which Series B Distributions may begin accruing, to the extent such dates may differ.
Series B Holders shall be entitled to receive Series B Distributions from time to time out of any assets of the Partnership legally available for the payment of distributions at the Series B Distribution Rate per Series B Preferred Unit when, as, and, if declared by the General Partner.
More Definitions of Series B Preferred Unit
Series B Preferred Unit means a 6.550% Series B Preferred Unit having the designations, rights, powers and preferences set forth in Article II of this Unit Designation.
Series B Preferred Unit means a Partnership Unit which is designated by the General Partner as a Series B Preferred Unit of the Partnership.
Series B Preferred Unit means a Unit having the rights described in Section 3.4(i).
Series B Preferred Unit has the meaning set forth in the Partnership Agreement.
Series B Preferred Unit means a Partnership Unit issued by the Partnership to the General Partner in consideration of the contribution by the General Partner to the Partnership of the entire net proceeds received by the General Partner from the issuance of the 8.25% Series B Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share), par value $0.01 per share, issued by the General Partner. The Series B Preferred Units are Partnership Preferred Units. The Series B Preferred Units have the preferences, conversion and other rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption as are set forth in Exhibit H to the Agreement.
Series B Preferred Unit has the meaning assigned to such term in Section 5.15(a).
Series B Preferred Unit means a Limited Partnership Interest having the designations, preferences, rights, restrictions, and limitations as set forth in this Exhibit BP.