Examples of Series B Preferred Partnership Units in a sentence
A series of Preferred Partnership Units, designated as Series B Preferred Partnership Units, is hereby established.
Second, to inform future research by engaging experts, policymakers, and researchers in a dialogue about what is in the black box of rate-setting policies, and their possible effects on the behavior of different kinds of providers and providers in different contexts.
From and after the applicable redemption date, the Series B Preferred Partnership Units so redeemed shall no longer be outstanding and all rights hereunder, to distributions or otherwise, with respect to such Series B Preferred Partnership Units shall cease.
Except as required by law, the General Partner, in its capacity as the holder of the Series B Preferred Partnership Units, shall not be entitled to vote at any meeting of the Partners or for any other purpose or otherwise to participate in any action taken by the Partnership or the Partners, or to receive notice of any meeting of Partners.
The Series B Preferred Partnership Units shall be owned and held solely by the General Partner.
The Series B Preferred Partnership Units have no stated maturity and will not be subject to any sinking fund or mandatory redemption provisions.
Quarterly distributions on each Series B Preferred Partnership Unit shall accrue and be cumulative from and including the date of original issue thereof, whether or not (i) quarterly distributions on such Series B Preferred Partnership Units are earned or declared or (ii) on any Quarterly Distribution Date there shall be funds legally available for the payment of quarterly distributions.
Also, the loan/subsidy amount and term of the loan is stated in a loan agreement between the borrower and City.
In addition, nothing contained herein shall be deemed to limit or otherwise restrict any rights or authority of the Post Partners, under the Partnership Agreement, other than in their capacity as the holders of the Series B Preferred Partnership Units.
Director Smolen mentioned that the Friends are meeting 10-21-2020 and their Book Sale is scheduled for December 4th.