Guarantor Preferred Securities definition
Guarantor Preferred Securities means, collectively, all senior preferred shares of the Guarantor, whether existing on the date of this Guarantee or created and issued at any time and from time to time after the date hereof;
Guarantor Preferred Securities means, with respect to any Guarantor, collectively, all preferred equity securities of such Guarantor, whether existing on the date hereof or created and issued at any time and from time to time after the date hereof, which shall include but not be limited to, (a) for BPY, BPY’s Class A Cumulative Redeemable Perpetual Preferred Units (including the 6.50% Class A Cumulative Redeemable Perpetual Preferred Units, Series 1, 6.375% Class A Cumulative Redeemable Perpetual Preferred Units, Series 2 and 5.750% Class A Cumulative Redeemable Perpetual Preferred Units, Series 3) and (b) for Property Partnership, Property Partnership’s series 1, series 2 and series 3 class A preferred units;
Guarantor Preferred Securities means all preferred units of the Partnership, whether existing on the date hereof or created and issued at any time and from time to time after the date of the Guarantee, which shall include but not be limited to the PVI LP Consideration Units and the Series 1 Preferred LP Units;
Examples of Guarantor Preferred Securities in a sentence
However, notwithstanding the foregoing, the parties hereto agree to be governed by the provisions of the Trust Indenture Act as they apply to the rights and obligations of the Guarantor, Preferred Securities Trustee and Holders.
More Definitions of Guarantor Preferred Securities
Guarantor Preferred Securities means, with respect to any Guarantor, collectively, all preferred equity securities of such Guarantor, whether existing on the date hereof or created and issued at any time and from time to time after the date of the Guarantee, which shall include but not be limited to, (a) for BPY, BPY Preferred Units, Series 1, 2 and 3 and (b) for Property Partnership, the Property Partnership Units;
Guarantor Preferred Securities means, with respect to any Guarantor, collectively, all preferred equity securities of such Guarantor, whether existing on the date hereof or created and issued at any time and from time to time after the date hereof, which shall include
Guarantor Preferred Securities means, with respect to any Guarantor, collectively, all senior preferred units or preferred shares of such Guarantor, whether existing on the date of this Guarantee or created and issued at any time and from time to time after the date hereof, which shall include but not be limited to (a) with respect to BIP, the Class A Preferred Units in the capital of BIP and all senior preferred units of BIP into which any such Class A Preferred Units may be converted or changed or which result from a consolidation, subdivision, exchange or re-designation of any such Class A Preferred Units; and (b) with respect to Holding LP, the Class A Preferred Units in the capital of Holding LP and all senior preferred units of Holding LP into which any such Class A Preferred Units may be converted or changed or which result from a consolidation, subdivision, exchange or re-designation of any such Class A Preferred Units;