Preferred Entitlements definition

Preferred Entitlements shall have the meaning set forth in the Partnership Agreement and, for purposes of this Preferred Trust Securities Guarantee, shall include any Compounded Preferred Entitlements (as defined in the Partnership Agreement).
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Preferred Entitlements has the meaning set forth in Section 6.2(b) of the Limited Partnership Agreement.
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Preferred Entitlements has the meaning set forth in Section 2.4(b)(viii). EAST\79741171.22 11
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Examples of Preferred Entitlements in a sentence

  • The Limited Partners shall receive periodic Distributions with respect to Preferred Entitlements, redemption payments and liquidation distributions in accordance with the terms of the Preferred Partnership Securities set forth in Article VI.

  • Under no circumstances, however, shall the Special Representative have authority to cause the General Partner to declare Distributions in respect of Preferred Entitlements on the Preferred Partnership Securities nor to have any authority concerning the selection of Partnership Investments.

  • For any period shorter than a full 90-day quarter, Preferred Entitlements will be computed on the basis of the actual number of days elapsed in such 90-day quarter.

  • When the Special Representative acts to enforce the rights of the Holders under the Partnership Guarantee or their rights to receive Distributions in respect of Preferred Entitlements on the Preferred Partnership Securities, the Special Representative acts as an agent of the Holders.

  • Seller shall use reasonable efforts to assist Buyer, at Buyer's expense, in the preparation and processing of all documentation reasonably required in connection with obtaining the Buyer's Preferred Entitlements.

  • Preferred Entitlements shall, from the date of original issue, accumulate and be cumulative.

  • The Partnership may not redeem the Preferred Partnership Securities in part unless all Distributions in respect of accumulated and unpaid Preferred Entitlements, including any Compounded Preferred Entitlements, have been paid in full on all Preferred Partnership Securities for all Fiscal Periods terminating on or prior to the date of redemption.

  • Preferred Entitlements not distributed on the scheduled Distribution Payment Date will accumulate and compound quarterly at the rate of __% per annum ("Compounded Preferred Entitlements").

  • Preferred Entitlements not distributed on the scheduled Distribution Payment Date will accumulate and compound quarterly at the rate of 9.75% per annum (such amount in excess of such preferred entitlements is herein referred to as "Compounded Preferred Entitlements").

  • Preferred Partnership Security Holders shall be entitled to share in the profits of the Partnership to the extent of amounts (Preferred Entitlements") determined at a rate per annum of % of the stated liquidation preference of $25 per Preferred Partnership Security, calculated on the basis of a 360-day year consisting of twelve 30-day months, and computed by reference to quarterly periods ____________ ending ____________ on ____________ , ____________ , , and of each year ("Distribution Payment Dates").

Related to Preferred Entitlements

  • Entitlements means, with respect to any Offering, the license and use types, limits, volume, or other measurement or conditions of permitted use for such Offering as set forth in the applicable Order or Supplemental Terms, including but not limited to any limits or restrictions on the number and categories of users authorized to use such Offering, permitted geographic areas, available storage space, computing power, or other attributes and metrics.

  • M2M Entitlement means a Non-Monitoring RTO’s share of a M2M Flowgate’s total capability to be used for settlement purposes that is calculated pursuant to Section 6 of Schedule D to this Agreement.

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Preferred Equity Interests means, 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.

  • Securities Entitlement means the rights and property interest of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Collateral Support means all property (real or personal) assigned, hypothecated or otherwise securing any Collateral and shall include any security agreement or other agreement granting a lien or security interest in such real or personal property.

  • Preferred Equity means any stock, shares or other ownership interests in the issuer thereof howsoever evidenced (including, without limitation, limited liability company membership interests), whether with or without voting rights, that is entitled to dividends or distributions prior to the payment of dividends or distributions with respect to Common Equity.

  • Preferred Equity Interest in any Person, means an Equity Interest of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over Equity Interests of any other class in such Person.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Entitlement means the number specified as such in the relevant Launch Announcement and Supplemental Listing Document, subject to any adjustment in accordance with Product Condition 4;

  • Natural Supports or "Natural Support System" means resources and supports (e.g. relatives, friends, neighbors, significant others, roommates, or the community) who are willing to voluntarily provide services to an individual without the expectation of compensation. Natural supports are identified in collaboration with the individual and the potential "natural support". The natural support is required to have the skills, knowledge, and ability to provide the needed services and supports.

  • Full Entitlement ADR(s) “Full Entitlement ADS(s)” and “Full Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Management Agreements shall have the meaning provided in Section 5.05.

  • Subordinated Certificates As specified in the Preliminary Statement.

  • ERISA Restricted Certificates Any Class B-4, Class B-5 or Class B-6 Certificate.

  • Cash medical support means an obligation to equally share all reasonable and necessary medical and dental expenses of children.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Seller Notes means the series of unsecured, subordinated promissory notes in the initial aggregate principal amount of $100 million issued to Globetrotter Co-Investment B LP and to the selling equity holders of Lakeland Holdings, LLC (including the intragroup back-to-back notes issued by certain Debtors to other Debtors related thereto) and the guarantees provided by Lakeland Seller Finance, LLC in respect thereof, in connection with that certain Sale and Merger Agreement dated as of November 8, 2017, by and among WS Holdings Acquisition, Inc., as Purchaser, WS Holdings, Inc. as Blocker Corp., Lakeland Holdings, LLC as the Company, Lakeland Merger Sub II, LLC as Merger Sub, Globetrotter Co-Investment B LP as Blocker Seller and, solely in its capacity as Representative in accordance with the terms of the Sale and Merger Agreement, Metalmark Management II LLC.

  • Partial Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Retired Capital Stock shall have the meaning provided in Section 10.5(b)(2).

  • Partial Entitlement ADR(s) “Partial Entitlement ADS(s)” and “Partial Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Cash Management Agreements means any agreement providing for treasury, depository, purchasing card or cash management services, including in connection with any automated clearing house transfer of funds or any similar transaction entered into in the ordinary course of business.

  • Special Assessments means any of the following, except as otherwise provided in subsection (6):

  • Senior Subordinate Certificates The Class B1, Class B2 and Class B3 Certificates.

  • Company Subsidiary Securities has the meaning set forth in Section 3.02(d).