Common use of No Further Rights Clause in Contracts

No Further Rights. The General Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 15 contracts

Samples: Credit Agreement (Digital Realty Trust, L.P.), Constructive Ownership Definition (Digital Realty Trust, Inc.), Constructive Ownership Definition (Digital Realty Trust, Inc.)

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No Further Rights. The General Partner, as holder of the Series A G Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A G Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A G Preferred Units which remains payable. Accrued but unpaid distributions on the Series A G Preferred Units will accumulate as of the Series A G Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 11 contracts

Samples: Agreement and Plan of Merger (Dupont Fabros Technology, Inc.), Digital Realty Trust, L.P., Digital Realty Trust, L.P.

No Further Rights. The General Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become remain payable.

Appears in 10 contracts

Samples: Assignment and Assumption Agreement (Amb Property Lp), Constructive Ownership Definition (Amb Property Lp), Assignment and Assumption Agreement (Amb Property Corp)

No Further Rights. The General Partner, as holder of the Series A B Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A B Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A B Preferred Units which remains payable. Accrued but unpaid distributions on the Series A B Preferred Units will accumulate as of the Series A B Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 9 contracts

Samples: Credit Agreement (Digital Realty Trust, L.P.), Constructive Ownership Definition (Digital Realty Trust, Inc.), Excel Trust, Inc.

No Further Rights. The General Partner, as holder of the Series A I Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A I Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A I Preferred Units which remains payable. Accrued but unpaid distributions on the Series A I Preferred Units will accumulate as of the Series A I Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Dupont Fabros Technology, Inc.), Digital Realty Trust, L.P., Digital Realty Trust, L.P.

No Further Rights. The General Partner, in its capacity as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described on the Series A Preferred Units as provided herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate accrue as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 6 contracts

Samples: Agreement (National Storage Affiliates Trust), Rexford Industrial Realty, Inc., Rexford Industrial Realty, Inc.

No Further Rights. The General Partner, as holder of the Series A D Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A D Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A D Preferred Units which remains payable. Accrued but unpaid distributions on the Series A D Preferred Units will accumulate as of the Series A D Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 6 contracts

Samples: Credit Agreement (Digital Realty Trust, L.P.), Digital Realty Trust, L.P., Winthrop Realty Trust

No Further Rights. The General Partner, as holder Holders of the Series A Preferred Units, Units shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 5 contracts

Samples: Physicians Realty Trust, Extra Space Storage Inc., ir.extraspace.com

No Further Rights. The General Partner, in its capacity as holder of the Series A B Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described on the Series B Preferred Units as provided herein. Any distribution payment made on the Series A B Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A B Preferred Units which remains payable. Accrued but unpaid distributions on the Series A B Preferred Units will accumulate accrue as of the Series A B Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 5 contracts

Samples: Agreement (Rexford Industrial Realty, Inc.), Rexford Industrial Realty, Inc., Rexford Industrial Realty, Inc.

No Further Rights. The Notwithstanding anything in this Section 16.2, after full cumulative distributions on the outstanding Series A Preferred Units have been paid with respect to a distribution period, the General Partner, as holder of the Series A Preferred Units, shall will not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative further distributions described hereinwith respect to that distribution period. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 4 contracts

Samples: Agreement (Parking REIT, Inc.), Support Agreement (Mobile Infrastructure Corp), Agreement (Mobile Infrastructure Corp)

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No Further Rights. The General Partner, as holder Holders of the Series A Preferred Units, Units shall not be entitled to any distributions, whether payable in cash, other property or otherwisePartnership Interests, in excess of the full cumulative distributions described on the Series A Preferred Units as provided herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution distributions due with respect to such Series A Preferred Units which remains remain payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 3 contracts

Samples: Campus Crest Communities, Inc., STAG Industrial, Inc., STAG Industrial, Inc.

No Further Rights. The General PartnerManaging Member, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains remain payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.)

No Further Rights. The General Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains remain payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 2 contracts

Samples: MPG Office Trust, Inc., Maguire Properties Inc

No Further Rights. The General Special Limited Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of the Series A Preferred Unit Distribution Payment Date on which they first become payable.

Appears in 1 contract

Samples: Spirit Realty, L.P.

No Further Rights. The General Partner, as holder of the Series A Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein. Any distribution payment made on the Series A Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series A Preferred Units which remains payable. Accrued but unpaid distributions on the Series A Preferred Units will accumulate as of be cumulative from, but excluding, the most recent Series A Preferred Unit Distribution Payment Date on which they first become payableDate.

Appears in 1 contract

Samples: Limited Partnership Agreement (Sabra Health Care REIT, Inc.)

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