Examples of Series B Preferred Units in a sentence

No sinking fund shall be established for the retirement or redemption of Series B Preferred Units.
The Series B Preferred Units shall not have the benefit of any sinking fund.
Holders of Series B Preferred Units shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein.
No failure to give or defect in such notice shall affect the validity of the proceedings for the redemption of any Series B Preferred Units except as to the holder to whom such notice was defective or not given.
Any distribution payment made on the Series B Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series B Preferred Units which remains payable.

More Definitions of Series B Preferred Units

Series B Preferred Units has the meaning assigned to such term in Section 5.10(a).

Series B Preferred Units has the meaning specified in Section 3.2.

Series B Preferred Units means the series of preferred units of the Partnership designated as 8.5% Series B Cumulative Convertible Preferred Units having such designations, preferences and other rights described in Schedule A.

Series B Preferred Units means the Partnership’s 8.375% Series B Cumulative Redeemable Preferred Units, with the rights, priorities and preferences set forth herein.

Series B Preferred Units shall have the meaning set forth in the recitals.

Series B Preferred Units means the 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units issued by the Partnership.

Series B Preferred Units means the 8 5/8% Series B Cumulative Redeemable Partnership Units of the Operating Partnership.