Examples of Series 13 Preferred Units in a sentence
The holders of the Series 13 Preferred Units are entitled to receive a cumulative quarterly fixed distribution yielding 5.0% for the initial period ending April 30, 2023.
Thereafter, the distribution rate will be reset every five years at a rate equal to the greater of: (i) the 5-year Government of Canada bond yield plus 3.00%, and (ii) 5.00%.The holders of Series 13 Preferred Units will have the right, at their option, to convert their Series 13 Preferred Units into Class A Preferred Limited Partnership Units, Series 14 (the “Series 14 Preferred Units”), subject to certain conditions, on April 30, 2023 and on April 30 every five years thereafter.
Net proceeds of the issuance will be used to finance or refinance eligible green projects following criteria outlined by the International Capital Markets Association.On September 21, 2020, our partnership issued 8 million Series 13 Preferred Units, at $25 per unit, with a quarterly fixed distribution of 5.125% annually.
If on any Series 13 Distribution Payment Date, the Series 13 Distributions accrued to such date are not paid in full on all of the Series 13 Preferred Units then Outstanding, such Series 13 Distributions, or the unpaid part thereof, shall be paid on a subsequent date or dates determined by the General Partner on which the Partnership shall have sufficient monies legally available for such Series 13 Distributions under Bermuda law.
The direct and overhead costs for Business Analyst staff are direct charged to their assigned programs or allocated using the same cost pool as the system they have been assigned to.The accumulated direct and overhead costs for the Director of Information Technology Services and support staff are allocated based on the FTE’s assigned to each of the ITS service units.The Master Client Index expenses are allocated based on the active member counts for each source in the Master Client Index.
The Government is supportive of reform and keen that improvements are made.
The Underwriters’ fee indicated in the table assumes that no Series 13 Preferred Units are sold to such institutions.
The Series 13 Preferred Units and the Series 13 Holders shall not have any designations, preferences, rights, powers, guarantees or duties, other than as set forth in this Agreement or as provided by applicable law.
Accordingly, MRS’ citation to Facenda and Santana Products does not alter our opinion that it must establish actual deception to succeed on its §43(a)(1)(B) Lanham Act false advertising claim.Second, MRS cites various cases from foreign jurisdictions for the proposition that where there is willfully false advertising, as is purportedly the situation in the case at bar, there is a presumption of damages.
When data reflects this wide of a disparity between ethnic groups, it calls attention to where disproportionate rates are located.