CPOP definition
Examples of CPOP in a sentence
Except for the 5.875% Series B Cumulative Redeemable Preferred Units of the Operating Partnership, 5.625% Series C Cumulative Redeemable Preferred Units of the Operating Partnership and the Series 1 CPOP Units and the Series 2 CPOP Units (collectively, the “Preferred OP Units” and, together with the Common OP Units, the “OP Units”) or as described in the Registration Statement and the Prospectus, there are no other OP Units outstanding as of the date hereof other than those owned by the Company.
Except as provided in Section 2 (A) (v), members required to attend Community Problem Oriented Policing (CPOP), Cincinnati Neighborhood Action Strategy (CNAS) or Community Council meetings shall receive overtime pay for the length of time required to attend the meeting, plus one-half (½) hour for travel time.
Except for the 5.875% Series A Cumulative Redeemable Preferred Units of the Operating Partnership, 5.875% Series B Cumulative Redeemable Preferred Units of the Operating Partnership and the Series 1 CPOP Units (collectively, the “Preferred OP Units” and, together with the Common OP Units, the “OP Units”) or as described in the Registration Statement and the Prospectus, there are no other OP Units outstanding as of the date hereof other than those owned by the Company.
It is estimated that such cost will total at least $175,000 per year early in the Agreement but that cost could be reduced as CPOP takes root in the community.
Until such conversion on such Series 1 CPOP Conversion Date, the Series 1 CPOP Converting Party shall have no rights as a Limited Partner with respect to the Partnership Common Units issuable in connection with such conversion.
After the payment to the Holders of Series 1 CPOP Units of full preferential amounts provided for in this Section 20.4, the Holders of Series 1 CPOP Units as such shall have no right or claim to any of the remaining assets of the Partnership.
The Redemption Right provided to Qualifying Parties under Section 15.1 shall not apply with respect to Series 1 CPOP Units unless and until they are converted to Partnership Common Units as provided in Section 20.6 below.
Notwithstanding anything to the contrary in this Agreement, all or any portion of this Article 20 may be amended by the General Partner or, to the extent required by Section 20.7.B, with the Consent of the Series 1 CPOP Limited Partners, in either case, without the consent or approval of any other Partners.
Notwithstanding anything to the contrary in this Agreement, the General Partner may, at its option, elect to pay on the applicable Series 1 CPOP Conversion Date all or any portion of any distributions accrued on the Series 1 CPOP Units tendered for conversion through the Series 1 CPOP Conversion Date, in which event the Series 1 CPOP Cash Amount used in determining the Series 1 CPOP Conversion Amount shall not include the amount of such distributions.
A series of Partnership Units in the Partnership designated as the “4.43937% Cumulative Redeemable Convertible Preferred Units” (the “Series 1 CPOP Units”) is hereby established.