Series B Redemption Notice definition

Series B Redemption Notice has the meaning set forth in Section 16.6(b).

Series B Redemption Notice has the meaning set forth in Section 17.6(b).

Series B Redemption Notice shall state, as applicable: (1) the Series B Redemption Date, (2) the number of Series B Preference Units to be redeemed and, if less than all Outstanding Series B Preference Units are to be redeemed, the number (and the identification) of Units to be redeemed from such Series B Holder, (3) the Series B Redemption Price, (4) the place where the Series B Preference Units are to be redeemed and shall be presented and surrendered for payment of the Series B Redemption Price therefor and (5) that distributions on the Units to be redeemed shall cease to accumulate from and after such Series B Redemption Date.

Examples of Series B Redemption Notice in a sentence

• Any redemption right exercised by a Series B Holder pursuant to this Section 7(b) shall be exercised pursuant to a Series B Redemption Notice comparable to the Series B Redemption Notice required under Section 7(c)(i) below and delivered to the Partnership (with a copy to the General Partner) by the Series B Holder who is exercising such redemption right, and pursuant to the redemption procedures set forth in Section 7(c) below as applicable to the Series B Holder.

• Notwithstanding any Series B Redemption Notice, there shall be no redemption of any Series B Preferred Shares called for redemption until funds sufficient to pay the full Series B Redemption Price of such shares shall have been deposited by the Company with the Paying Agent.

• Notwithstanding any Series B Redemption Notice, there shall be no redemption of any Series B Preferred Units called for redemption until funds sufficient to pay the full Series B Redemption Price of such Series B Preferred Units shall have been deposited by the Partnership with the Series B Transfer Agent or, if the General Partner is acting in the capacity of the Series B Transfer Agent, secured by the General Partner for such purposes.

• For the avoidance of doubt, the Partnership may give the Series B Redemption Notice in advance of a Change of Control if a definitive agreement is in place for the Change of Control at the time of giving the Series B Redemption Notice.

• Notwithstanding any Series B Redemption Notice, no redemption of any Series B Preferred Units may be called for redemption until funds sufficient to pay the full Series B Redemption Price, plus all accumulated and unpaid distributions to, but not including, the Series B Redemption Date, whether or not declared, have been deposited by the Partnership with the Paying Agent.

More Definitions of Series B Redemption Notice

Series B Redemption Notice shall state, as applicable: (1) the Series B Redemption Date, (2) the number of Series B Preferred Units to be redeemed and, if less than all Outstanding Series B Preferred Units are to be redeemed, the number (and the identification) of Series B Preferred Units to be redeemed from such Series B Holder, (3) the Series B Redemption Price, (4) the place where any Series B Preferred Units in certificated form are to be redeemed and shall be presented and surrendered for payment of the Series B Redemption Price therefor and (5) that distributions on Series B Preferred Units to be redeemed shall cease to accumulate from and after such Series B Redemption Date.

Series B Redemption Notice has the meaning set forth in Section 7(c)(i) of this Exhibit BP.

Series B Redemption Notice has the meaning assigned to such term in Paragraph 14(a) of this Supplemental Terms Annex.

Series B Redemption Notice has the meaning set forth in Section 7.3(b).

Series B Redemption Notice has the meaning given such term in Section 17.5(b). Table of Contents

Series B Redemption Notice has the meaning set forth in Section 16.6(b). “Series B Redemption Price” has the meaning set forth in Section 16.6(a).

Series B Redemption Notice shall have the meaning set forth in Section 6.18.