Series B Preferred Units definition

Series B Preferred Units shall have the meaning provided in Section 1.

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Series B Preferred Units means the Partnership's 8 5/8% Series B Cumulative Redeemable Partnership Units.

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

Examples of Series B Preferred Units in a sentence

After such allocations have been made to the Outstanding Series B Preferred Units, and any Series B Parity Securities, as applicable, any remaining Net Termination Gain or Net Termination Loss shall be allocated to the Partners pursuant to Section 6.1(c) or Section 6.1(d), as the case may be.
So long as the Series B Preferred Units are held of record by the Depositary or its nominee, declared Series B Distributions shall be paid to the Depositary in same-day funds on each Series B Distribution Payment Date or other distribution payment date in the case of payments for Series B Distributions in Arrears.
Series B Preferred Units that are purchased or otherwise acquired by the Partnership shall be canceled.
The aggregate Series B Redemption Price for any such partial redemption of the Outstanding Series B Preferred Units shall be allocated correspondingly among the redeemed Series B Preferred Units.
The Series B Preferred Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the Partnership or a Series B Holder for conversion or, except as set forth in Section 5.11(b)(iv), redemption thereof at a particular date.

More Definitions of Series B Preferred Units

Series B Preferred Units means the Series B Cumulative Convertible Preferred Units representing limited partner interests in the Partnership and having the rights and obligations specified in the Partnership Agreement.

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 Series B Cumulative Redeemable Preferred Partnership Units.

Series B Preferred Units is defined in Section 3.1.1.

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 Series B convertible class of preferred Units designated as “Series B Preferred Units” and having the relative rights, preferences, privileges, limitations and qualifications set forth in this Agreement.