Series M Preferred Unit Distribution Payment Date definition

Series M Preferred Unit Distribution Payment Date shall have the meaning set forth in Section 21.3.A hereof.

Examples of Series M Preferred Unit Distribution Payment Date in a sentence

• Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of a redemption of Series M Preferred Units, on the redemption date (each a "Series M Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance.

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

• Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series M Preferred Unit Distribution Payment Date, to holders of record of the Series M Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date.