Series E Preferred Units definition

Series E Preferred Units means the Partnership's 7.75% Series E Cumulative Redeemable Partnership Units.

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Series E Preferred Units means the series of preferred units of the Partnership designated as 7% Series E Cumulative Convertible Preferred Units having such designations, preferences and other rights described in Schedule C.

Series E Preferred Units shall have the meaning set forth in Section 21.1.

Examples of Series E Preferred Units in a sentence

No sinking fund shall be established for the retirement or redemption of Series E Preferred Units.
If any date on which distributions are to be made on the Series E Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date.
Accrued but unpaid distributions on the Series E Preferred Units will accumulate as of the Series E Preferred Unit Distribution Payment Date on which they first become payable.
Holders of Series E Preferred Units shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein.
No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series E Preferred Units except as to the holder to whom such notice was defective or not given.

More Definitions of Series E Preferred Units

Series E Preferred Units has the meaning assigned to such term in Section 5.16(a).

Series E Preferred Units means the Series E Preferred Units representing limited liability company interests in Buyer and having the rights and privileges as set forth in the Buyer LLC Agreement.

Series E Preferred Units means the 9.25% Series E Cumulative Redeemable Preferred Units of limited partnership interests in the Partnership with rights, preferences, exchange and other rights, voting powers and restrictions, limitations as to distributions, qualifications and terms and conditions as set forth in Exhibit Q hereto.

Series E Preferred Units means the Company’s 6.950% Series E Cumulative Redeemable Partnership Units, with the rights, priorities and preferences set forth herein.

Series E Preferred Units collectively representing a 100% limited partner interest in the Partnership, (ii) 2,544,330,799 Common Units are owned by ET, free and clear of all Liens, (iii) 101,525,429 Class K Units are owned by ETP Holdco Corporation (“ETP Holdco”), free and clear of all Liens, (iv) 307,304,055 Class L Units are owned by ETP Holdco, free and clear of all Liens, and (v) 220,500,000 Class M Units are owned by ETP Holdco, free and clear of all Liens. All of such units and the limited partner interests represented thereby have been duly authorized and validly issued in accordance with the Partnership Agreement and are fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Series E Preferred Units. (which has the meaning defined in the Third Amended and Restated Limited Liability Company Agreement of the Buyer dated as of [•], 2020 (as amended from time to time, the “LLCA”));

Series E Preferred Units which are hereby inserted after the definition of "Series D Preferred Units" and before the definition of "Stock Incentive Plans":