Series C Preferred Units definition

Series C Preferred Units shall have the meaning provided in Section 1.

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Series C Preferred Units means the Partnership's 8 3/4% Series C Cumulative Redeemable Partnership Units.

Series C Preferred Units has the meaning assigned to such term in Section 5.14(a).

Examples of Series C Preferred Units in a sentence

No interest, or sum of money in lieu of interest, shall be payable in respect of any distribution payment or payments on the Series C Preferred Units which may be in arrears.
Accrued but unpaid distributions on the Series C Preferred Units will accrue as of the Series C Preferred Unit Distribution Payment Date on which they first become payable.
Notwithstanding anything contained herein to the contrary, distributions on the Series C Preferred Units shall accrue whether or not the terms and provisions set forth in Section 17.2.C at any time prohibit the current payment of distributions, whether or not the Partnership has earnings, whether or not there are funds legally available for the payment of such distributions and whether or not such distributions are authorized or declared.
Any distribution payment made on the Series C Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series C Preferred Units which remains payable.
The General Partner, in its capacity as holder of the Series C Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions on the Series C Preferred Units as provided herein.

More Definitions of Series C Preferred Units

Series C Preferred Units means the series of Partnership Units established pursuant to this Amendment, representing units of Limited Partnership Interest designated as the 7.625% Series C Cumulative Redeemable Preferred Units, with the preferences, rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption of units as described herein; and

Series C Preferred Units means the Partnership's 8 3/4% Series C Cumulative Redeemable Partnership Units, which were repurchased and redeemed by the Partnership on December 5, 2001.

Series C Preferred Units shall have the meaning set forth therefor in Section 22.2 hereof.

Series C Preferred Units shall have the meaning set forth in preamble hereof.

Series C Preferred Units shall have the meaning set forth in Section 4.3.

Series C Preferred Units means the Partnership’s 4.375% Series C Cumulative Convertible Partnership Units, with the rights, priorities and preferences set forth herein.

Series C Preferred Units is defined in Section 3.1.1.