Series D Distribution Payment Date definition

Series D Distribution Payment Date means the 15th day of each February, May, August and November of each year (except that the Series D Distribution Payment Date for the initial Series D Distribution Period shall be November 15, 2018); provided however, that if any Series D Distribution Payment Date would otherwise occur on a day that is not a Business Day, such Series D Distribution Payment Date shall instead be on the immediately succeeding Business Day.

Series D Distribution Payment Date has the meaning assigned to such term in Section 5.15(b)(ii)(A).

Series D Distribution Payment Date means the 15th day of March, June, September and December of each year, commencing on September 15, 2018; provided, however, that if any Series D Distribution Payment Date would otherwise occur on a day that is not a Business Day, such Series D Distribution Payment Date shall instead be on the immediately succeeding Business Day without the accumulation of additional distributions.

Examples of Series D Distribution Payment Date in a sentence

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

• Series D Distributions shall accumulate in each Series D Distribution Period from and including the preceding Series D Distribution Payment Date (other than the initial Series D Distribution Period, which shall commence on and include the Series D Original Issue Date), to, but excluding, the next Series D Distribution Payment Date for such Series D Distribution Period; provided that distributions shall accrue on accumulated but unpaid Series D Distributions at the Series D Distribution Rate.

• Series D Distributions, to the extent declared by the General Partner to be paid by the Partnership in accordance with this Section 5.19(b)(ii), shall be paid, in Arrears, on each Series D Distribution Payment Date (other than the initial Series D Distribution, which shall be paid on November 15, 2018).

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

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

• Not later than 5:00 p.m., New York City time, on each Series D Distribution Payment Date, the Partnership shall pay those Series D Distributions, if any, that shall have been declared by the General Partner to Series D Holders on the Record Date for the applicable Series D Distribution.

• The Record Date (the “Series D Distribution Record Date”) for the payment of any Series D Distributions shall be as of the close of business on the first Business Day of the month of the applicable Series D Distribution Payment Date, except that in the case of payments of Series D Distributions in Arrears, the Series D Distribution Record Date with respect to a Series D Distribution Payment Date shall be such date as may be designated by the General Partner in accordance with this Section 5.19.

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• The Record Date (the “Series D Distribution Record Date”) for the payment of any Series D Distributions shall be as of the close of business on the first Business Day of the month of the applicable Series D Distribution Payment Date, except that in the case of payments of Series D Distributions in Arrears, the Series D Distribution Record Date with respect to a Series D Distribution Payment Date shall be such date as may be designated by the General Partner in accordance with this S ection 5.20.

• Series D Distributions, to the extent declared by the General Partner to be paid by the Partnership in accordance with this S ection 5.20(b)(ii), shall be paid, in Arrears, on each Series D Distribution Payment Date.

More Definitions of Series D Distribution Payment Date

Series D Distribution Payment Date means the fifteenth day of each month; provided, however, that if any Series D Distribution Payment Date falls on any day other than a Business Day, the distribution payment due on such Series D Distribution Payment Date shall be paid on the first Business Day immediately following such Series D Distribution Payment Date.

Series D Distribution Payment Date means the last day of March, June, September and December of each year.

Series D Distribution Payment Date means the fifteenth day of each month; provided, however, that if any Series D Distribution Payment Date falls on any day other than a Business Day, the distribution payment due on such Series D Distribution Payment Date shall be paid on the first Business Day immediately following such Series D Distribution Payment Date. “Series D Distribution Period” means monthly distribution periods commencing on the first day of each month and ending on and including the day preceding the first day of the next succeeding Series D Distribution Period. “Series D Junior Units” means Common Units and any class or series of Partnership Units hereafter issued and outstanding that are not Series D Senior Units, Series D Preferred Units or Series D Parity Units. “Series D Liquidation Amount” means the greater of (a) the aggregate Series D Liquidation Preference plus the aggregate Series D Redemption Premium or (b) an amount per Series D Preferred Unit equal to the amount which would have been payable to a Series D Preferred Unit holder had each Series D Preferred Unit been converted into OP Units immediately prior to such Liquidation. “Series D Liquidation Preference” means thirteen dollars and fifty-nine cents ($13.59) per Series D Preferred Unit. “Series D Parity Units” means the Series C Preferred Units, Series F Preferred Units and any class or series of Partnership Units hereafter issued and outstanding, whether or not the distribution rates thereof shall be different from those of the Series D Preferred Units, if the holders of such class or series and the Series D Preferred Units shall be entitled to (i) the receipt of distributions in proportion to their respective amounts of accrued and unpaid distributions per unit and (ii) amounts distributable upon Liquidation in proportion to their respective liquidation preferences, in each case without preference or priority one over the other. “Series D Preferred Return” means, for each Series D Preferred Unit, a cumulative, non-compounded rate per annum equal to 5.81% of the Series D Liquidation Preference; provided, that the amount payable for any Series D Distribution Period shall be computed by dividing the Series D Preferred Return by twelve, and the amount of distributions payable for any period shorter or longer than a full Series D Distribution Period shall be computed on the basis of twelve 30-day months and a 360-day year. “Series D Preferred Stock” means the Series D Cumulative Convertible Preferred Stock, par value...

Series D Distribution Payment Date has the meaning set forth in Section 4.8.C(iv).