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

• So long as the Series G Preferred Units to be redeemed are held of record by the Depositary or the nominee of the Depositary, the Series G Redemption Price shall be paid by the Paying Agent to the Depositary on the Series G Redemption Date.

• The Series G Preferred Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the Partnership or a Series G Holder for conversion or, except as set forth in Section 5.23(b)(iv), redemption thereof at a particular date.

• The Series G Preferred Units and the Series G Holders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law.

• After such allocations have been made to the Outstanding Series G Preferred Units and any Series G Parity Securities, as applicable, any remaining Net Termination Gain or Net Termination Loss shall be allocated to the Partners pursuant to Section 6.1(c) or Section 6.1(d), as the case may be.

• The Series G Preferred Units shall not have the benefit of any sinking fund.

More Definitions of Series G Preferred Units

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

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 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 means the 7.75% Series G Cumulative Redeemable Preferred Units of the Operating Partnership.

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

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