Series C Preferred Distribution Payment Date definition

Series C Preferred Distribution Payment Date means, the 15th day of January, April, July and October of each year; provided, however, that if any Series C Preferred Distribution Payment Date would otherwise occur on a day that is not a Business Day, such Series C Preferred Distribution Payment Date shall instead be on the immediately succeeding Business Day; provided further, that the initial Series C Preferred Distribution Payment Date shall be January 15, 2019.

Series C Preferred Distribution Payment Date shall have the meaning provided in Section 5(a).

Series C Preferred Distribution Payment Date has the meaning set forth in Section 4.9.C(i).

Examples of Series C Preferred Distribution Payment Date in a sentence

• If any Series C Preferred Distribution Payment Date otherwise would occur on a date that is not a Business Day, declared Series C Preferred Distributions shall be paid on the immediately succeeding Business Day without the accumulation of additional distributions.

• So long as the Series C Preferred Units are held of record by the Depositary or its nominee, declared Series C Preferred Distributions shall be paid to the Depositary in same-day funds on each Series C Preferred Distribution Payment Date or other distribution payment date in the case of payments for Series C Preferred Distributions in Arrears.

• Accumulated Series C Preferred Distributions in Arrears for any past Series C Preferred Distribution Period may be declared by the General Partner and paid on any date fixed by the General Partner, whether or not a Series C Preferred Distribution Payment Date, to Series C Preferred Unitholders on the Record Date for such payment, which may not be less than 10 days before such payment date.

• Distributions will be payable to holders of record of the Series C Preferred Units as they appear on the records of the Partnership at the close of business on the 25th day of the month preceding the applicable Series C Preferred Distribution Payment Date, i.e., December 25, March 25, June 25 and September 25 (each, a “Distribution Record Date”).

• As a result of the merger, HRsmart became a wholly-owned subsidiary of Deltek.HRsmart is a leading provider of global, unified talent management solutions – delivered through the cloud – to over 1,000 firms and their HR teams.

• The distributions payable on any Series C Preferred Distribution Payment Date shall include distributions accumulated to, but excluding, such Series C Preferred Distribution Payment Date.