Common use of Preferred Distributions Clause in Contracts

Preferred Distributions. With respect to any period and without duplication, all Distributions paid, declared but not yet paid or otherwise due and payable during such period on Preferred Securities issued by the REIT or any of its Subsidiaries. Preferred Distributions shall not include dividends or distributions: (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) of identical class payable to holders of such class of Equity Interests; (b) paid or payable to the Borrower or any of its Subsidiaries; or (c) constituting or resulting in the redemption of Preferred Securities, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full. Preferred Securities. With respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Rating Agencies. S&P, Xxxxx’x, Fitch and any substitute rating agency appointed by Borrower and the Agent pursuant to the definition of “Credit Rating”, collectively, and Rating Agency means either S&P, Xxxxx’x, Fitch or such substitute rating agency. Real Estate. All real property, including, without limitation, the Credit Support Properties, at the time of determination then owned or leased (as lessee or sublessee) in whole or in part or operated by the REIT or any of its Subsidiaries, or an Unconsolidated Affiliate of the Borrower and which is located in the United States of America or the District of Columbia.

Preferred Distributions. With respect to any period and without duplication, all Distributions paid, declared but not yet paid or otherwise due and payable during such period on Preferred Securities issued by the REIT or any of its Subsidiaries. Preferred Distributions shall not include dividends or distributions: (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) of identical class payable to holders of such class of Equity Interests; (b) paid or payable to the Borrower or any of its Subsidiaries; or (c) constituting or resulting in the redemption of Preferred Securities, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full. Preferred Securities. With respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Rating Agencies. S&P, Xxxxx’x, Fitch and any substitute rating agency appointed by Borrower and the Agent pursuant to the definition of “Credit Rating”, collectively, and Rating Agency means either S&P, Xxxxx’x, Fitch or such substitute rating agency. Real Estate. All real property, including, without limitation, the Credit Support Mortgaged Properties, at the time of determination then owned or leased (as lessee or sublessee) in whole or in part or operated by the REIT or any of its Subsidiaries, or an Unconsolidated Affiliate of the Borrower and which is located in the United States of America or the District of Columbia.

Preferred Distributions. With respect to For any period and without duplication, all Distributions paid, declared but not yet paid or otherwise due and payable during such period on Preferred Securities issued by the REIT or any a Subsidiary of its SubsidiariesREIT. Preferred Distributions shall not include dividends or distributions: distributions paid or payable (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) of identical class payable to holders of such class of Equity Interests; (b) paid to REIT or payable to the Borrower or any a Subsidiary of its SubsidiariesREIT; or (c) constituting or resulting in the redemption of Preferred Securities, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full. Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Pricing Level. Such term shall have the meaning established within the definition of Applicable Margin. Rating Agencies. S&P, Xxxxx’x, Fitch Xxxxx’x and any substitute rating agency appointed by Borrower and the Agent pursuant to the definition of “Credit Rating”, collectively, and Rating Agency means either S&P, Xxxxx’x, Fitch Xxxxx’x or such substitute rating agency. Real Estate. All real propertyproperty or facilities (and all fixtures, includingimprovements, without limitation, the Credit Support Properties, appurtenances and related assets thereon or therein) at the any time of determination then owned or leased (as lessee or sublessee) in whole or in part or operated by the REIT REIT, Borrower or any of its their respective Subsidiaries, or an Unconsolidated Affiliate of including, without limitation, the Borrower Unencumbered Properties and which is located in the United States of America or the District of Columbiaany Data Center Property.

Preferred Distributions. With respect to For any period and without duplication, all Distributions paid, declared but not yet paid or otherwise due and payable during such period on Preferred Securities issued by the REIT or any a Subsidiary of its SubsidiariesREIT. Preferred Distributions shall not include dividends or distributions: distributions paid or payable (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) of identical class payable to holders of such class of Equity Interests; (b) paid to REIT or payable to the Borrower or any a Subsidiary of its SubsidiariesREIT; or (c) constituting or resulting in the redemption of Preferred Securities, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full. Preferred Securities. With respect to any Person, Equity Interests in such Person Person, which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation, or both. Pricing Level. Such term shall have the meaning established within the definition of Applicable Margin. Rating Agencies. S&P, Xxxxx’x, Fitch and any substitute rating agency appointed by Borrower and the Agent pursuant to the definition of “Credit Rating”, collectively, and Rating Agency means either S&P, Xxxxx’x, Fitch or such substitute rating agency. Real Estate. All real propertyproperty or facilities (and all fixtures, includingimprovements, without limitation, the Credit Support Properties, appurtenances and related assets thereon or therein) at the any time of determination then owned or leased (as lessee or sublessee) in whole or in part or operated by the REIT REIT, Borrower or any of its their respective Subsidiaries, or an Unconsolidated Affiliate of including, without limitation, the Borrower Unencumbered Properties and which is located in the United States of America or the District of Columbiaany Data Center Property.