Examples of Series J Units in a sentence
Proponents acknowledge that not all enquiries necessarily warrant a response; therefore a response to every enquiry received pertaining to this RFP shall not be guaranteed.
The Series A Units, Series E Units and Series I Units rank equally with each other and with the outstanding Series B Units, Series F Units and Series J Units into which they may be reclassified, and rank in priority to the trust units.
The Series J Units pay floating rate cumulative preferential distributions on a quarterly basis, at the discretion of the Board of Trustees.
The holders of Series J Units have the right to reclassify their Series J Units to Series I Units on April 30, 2028 and on April 30 every five years thereafter.
The holders of the Series A, Series E and Series I Units have the right to reclassify their Units into Series B, Series F and Series J Units, respectively, on the distribution rate reset date and every five years thereafter.
Subject to approval by the Managing Owner, any commodity broker, any Trading Advisor and any principals, stockholders, directors, officers, employees and affiliates of the Managing Owner and/or its Affiliates, any commodity broker, and any Trading Advisor, may purchase any number of Series J Units and will be treated as Series J Unitholders with respect to such Units.
The Series E Units and Series I Units rank equally with each other and with the outstanding Series F Units and Series J Units into which they may be reclassified, and rank in priority to the common units.
The Trust may offer Series J Units and admit additional Series J Unitholders and/or accept additional contributions from existing Series J Unitholders pursuant to the Memorandum as amended or supplemented from time to time.
The Managing Owner and/or its Affiliates may maintain an investment in Series J Units in an amount as it shall determine in its sole discretion.
The Series A Units, Series E Units, Series G Units and Series I Units rank equally with each other and with the outstanding Series B Units, Series F Units, Series H Units and Series J Units into which they may be reclassified, and rank in priority to the trust units.