Series G Preferred Units definition

Series G Preferred Units shall have the meaning set forth in Section 22.1.

Series G Preferred Units means the series of preferred units of the Partnership designated as 6.375% Series G Cumulative Redeemable Preferred Units having such designations, preferences and other rights described in Schedule E.

Series G Preferred Units means the Partnership's 7.95% Series G Cumulative Redeemable Partnership Units.

Examples of Series G Preferred Units in a sentence

• No sinking fund shall be established for the retirement or redemption of Series G Preferred Units.

• If any date on which distributions are to be made on the Series G 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.

• Upon any voluntary or involuntary liquidation, dissolution or winding-up of the Partnership, distributions on the Series G Preferred Units shall be made in accordance with Article 13.

• Subject to the rights of Holders of Parity Preferred Units as to the payment of distributions, pursuant to Section 5.1, the General Partner, as holder of the Series G Preferred Units, will be entitled to receive, when, as and if declared by the Partnership acting through the General Partner, out of Available Cash, cumulative preferential cash distributions in an amount equal to the Series G Priority Return.

• Accrued but unpaid distributions on the Series G Preferred Units will accumulate as of the Series G Preferred Unit Distribution Payment Date on which they first become payable.

More Definitions of Series G Preferred Units

Series G Preferred Units means the Partnership's 7.95% Series G Cumulative Redeemable Partnership Units which were repurchased and redeemed by the Partnership on July 31, 2002.

Series G Preferred Units has the meaning given such term in Section 5.23(a).

Series G Preferred Units means a new series of preferred units representing limited partner interests in Parent, to be established at or prior to Closing, designated as “7.125% Series G Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units” and having the same preferences, rights, powers and duties as the 7.125% Series G Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units of Energy Transfer Operating, L.P. outstanding as of the date hereof (other than any non-substantive differences to reflect the issuance of such securities by Parent, as opposed to Energy Transfer Operating, L.P.), which for the avoidance of doubt, shall be the same class (and having the same CUSIP) of preferred units issued to the holders of the 7.125% Series G Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units of Energy Transfer Operating, L.P. in the Pre-Closing Transactions.

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

Series G Preferred Units means the series of Units ------------------------ designated as the Series G Preferred Units with the designations, preferences and other rights set forth in Exhibit L hereto. ---------

Series G Preferred Units has the meaning ascribed to the term “Series G Preferred Units”, in Article 1 of the Borrower’s Fourth Amended and Restated Limited Partnership Agreement, as amended, which class of units was initially created by the Borrower’s Sixth Amendment to the Fourth Amended and Restated Limited Partnership Agreement.

Series G Preferred Units means the series of Partnership Units established pursuant to the Tenth Amendment to this Partnership Agreement, representing units of Limited Partnership Interest designated as the Series G Preferred Units, with the preferences, rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of repurchase and conversion as described herein.