Series 9 Preferred LP Unit Obligations definition

Series 9 Preferred LP Unit Obligations means all financial liabilities and obligations of the Partnership to the Holders in respect of the Series 9 Preferred LP Units including or in respect of (i) any declared and unpaid distributions on the Series 9 Preferred LP Units, (ii) the Series 9 Redemption Price and all declared and unpaid distributions up to, but excluding, the date fixed for redemption with respect to Series 9 Preferred LP Units called for redemption, and (iii) the Liquidation Amount payable on the Series 9 Preferred LP Units upon a voluntary or involuntary dissolution, liquidation or winding up of the Partnership, without regard to the amount of assets of the Partnership available for distribution; [GUARANTEE INDENTURE FOR SERIES 9 PREFERRED LP UNITS]
Sample 1
Series 9 Preferred LP Unit Obligations means all financial liabilities and obligations of the Partnership to the Holders in respect of the Series 9 Preferred LP Units including or in respect of (i) any declared and unpaid distributions on the Series 9 Preferred LP Units, (ii) the Series 9 Redemption Price and all declared and unpaid distributions up to, but excluding, the date fixed for redemption with respect to Series 9 Preferred LP Units called for redemption, and (iii) the Liquidation Amount payable on the Series 9 Preferred LP Units upon a voluntary or involuntary [GUARANTEE INDENTURE FOR SERIES 10 PREFERRED LP UNITS] dissolution, liquidation or winding up of the Partnership, without regard to the amount of assets of the Partnership available for distribution;
Sample 1

Examples of Series 9 Preferred LP Unit Obligations in a sentence

  • Each Guarantor will pay the Series 9 Preferred LP Unit Obligations without regard to any equities between it and the Partnership or any defence or right of set-off, compensation, abatement, combination of accounts or cross-claim that it or the Partnership or the other Guarantors may have.

  • Each Guarantor assumes full responsibility for keeping fully informed of the financial condition of the Partnership and all other circumstances affecting the Partnership’s ability to pay the Series 9 Preferred LP Unit Obligations.

  • With respect to the embedded concept, the pervasive concept involves not only miniaturisation, but also the environmental distribution of devices and their possibility of communicating, thus creating an infrastructure called the “pervasive computing Grid”.

  • If any amount is paid to a Guarantor on account of any subrogation arising hereunder at any time when the Series 9 Preferred LP Unit Obligations have not been fully satisfied, such amount shall be held in trust by such Guarantor for the benefit of the Holders and shall forthwith be paid to the Holders to be credited and applied against the Series 9 Preferred LP Unit Obligations.

  • The Series 9 Preferred LP Unit Obligations shall not, however, be released, discharged, limited or affected by the failure or omission of the Holders to prove the whole or part of any claim against the Partnership.

  • If at any time the Partnership is precluded from making payment when due in respect of any Series 9 Preferred LP Unit Obligations by reason of the provisions of its organizational documents or otherwise, such amounts shall nonetheless be deemed to be due and payable by the Partnership to the Holders for all purposes of this Guarantee and the Series 9 Preferred LP Unit Obligations shall be immediately due and payable to the Holders.

  • Upon the maturity of any Senior Indebtedness of a Guarantor by lapse of time, acceleration, demand or otherwise, then, except as provided in Section 3.7, all principal of and interest on all such matured Senior Indebtedness shall first be paid in full, or shall first have been duly provided for, before any payment by such Guarantor is made on account of the Series 9 Preferred LP Unit Obligations.

  • This Guarantee shall apply to and secure any ultimate balance due or remaining due to the Holders in respect of the Series 9 Preferred LP Unit Obligations and shall be binding as an absolute and continuing obligation of each Guarantor.

  • The Guarantors shall have no right of subrogation in respect of any payment made to the Holders hereunder until such time as the Series 9 Preferred LP Unit Obligations have been fully satisfied.

  • The Guarantors irrevocably and unconditionally, jointly and severally, guarantee in favour of the Holders the due and punctual payment of the Series 9 Preferred LP Unit Obligations, regardless of any defense (except for the defense of payment by the Partnership), right of set-off or counterclaim which a Guarantor may have or assert.

Related to Series 9 Preferred LP Unit Obligations

  • Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.

  • Senior Non Preferred Liabilities means any unsubordinated and unsecured senior non preferred obligations (créditos ordinarios no preferentes) of Banco Santander under Additional Provision 14.2º of Law 11/2015 (including any Notes) and any other obligations which, by law and/or by their terms, and to the extent permitted by Spanish law, rank pari passu with the Senior Non Preferred Liabilities.

  • Class A Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series G Preferred Stock means shares of the Company’s Series G Preferred Stock, par value $0.0001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by Parent (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.

  • Series A Liquidation Value means the amount equal to the sum of (i) the Series A Issue Price, plus (ii) all Series A Unpaid Distributions, plus (iii) Series A Partial Period Distributions, in each case, with respect to the applicable Series A Preferred Unit.