Examples of Series A Preferred Partner in a sentence
Accrued and unpaid distributions on the Series A Preferred Partner Interests will accrue additional distributions in respect thereof after the payment date therefor, to the extent permitted by law, at the distribution rate per annum applicable to the Series A Preferred Partner Interests.
Distributions declared on the Series A Preferred Partner Interests will be payable to the Series A Preferred Partners as they appear on the books and records of the Partnership on the relevant record dates, which will be one Business Day prior to the relevant payment dates, provided that if the Series A Preferred Partner Interests are not in book-entry-only form, the record dates will be the fifteenth day of the month in which the relevant payment date falls.
The holders of the Series A Preferred Partner Interests shall have no voting rights except as provided in the Partnership Agreement or as required under the Delaware Act.
Distributions on the Series A Preferred Partner Interests will be deferred if and for so long as Metropolitan Edison Company ("Met-Ed") defers payments to the Partnership on the Debentures (as defined below).
Each Series A Preferred Partner shall have the ability to exercise its rights under this Section 3.1(f)(iii) by written notice (a “CIC Response Notice”) delivered by a Series A Preferred Partner to the Partnership on or prior to the tenth Business Day after delivery by the Partnership of the CIC Notice.
Distributions on the Series A Preferred Partner Interests which accrue from the date of original issue to _______, 199_ shall be payable on _________, 199_.
Distributions on the Series A Preferred Partner Interests which accrue from the date of original issue to , 199_ shall be payable on , 199_.
Series A Preferred Units are non-voting interests in the Partnership except as provided in this Agreement, and include any and all benefits to which such Series A Preferred Partner is entitled as provided in this Agreement, together with all obligations of such Series A Preferred Partner to comply with the terms and provisions of this Agreement.
ChannelPoint and GEFA will work together, as provided in Section 2.8 of the Agreement, to establish more rigorous standards based upon actual GEFA business volume, GEFA volume commitments for Commerce Exchange business and service levels established by other similar ecommerce businesses.
The holders of Series A Preferred ------------- Partner Interests are deemed, by acceptance of such Interests, to have (i) agreed that the Debentures issued pursuant to the Indenture are subordinate and junior in right of payment to all Senior Indebtedness as and to the extent provided in the Indenture and (ii) agreed that the Guarantee relating to the Series A Preferred Partner Interests is subordinate and junior in right of payment to all general liabilities of Met-Ed.