Series C Preferred Unit definition

Series C Preferred Unit has the meaning assigned to such term in Section 5.11(a).

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Series C Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVIII.

Series C Preferred Unit means a Partnership Unit designated by the Company Operating Partnership as a Series C Preferred Unit under the Company Partnership Agreement.

Examples of Series C Preferred Unit in a sentence

• The redemption price per Series C Preferred Unit shall be equal to the redemption price paid by the Company per share of Series C Preferred Stock.

• If a Series C Preferred Unit has an Original Issue Date after the Distribution Record Date for the Distribution Period in which such Series C Preferred Unit is issued, the Cash Distributions payable on such Series C Preferred Unit shall begin accruing on, and be cumulative from and including, the first day of the first Distribution Period commencing after its issuance.

• If a Series C Preferred Unit has a date of original issuance (the “Original Issue Date”) prior to the Distribution Record Date (defined below) for the Distribution Period (defined below) in which such Series C Preferred Unit is issued, the Cash Distributions payable on such Series C Preferred Unit shall begin accruing on, and be cumulative from and including, the first day of the Distribution Period in which such Series C Preferred Unit is issued.

More Definitions of Series C Preferred Unit

Series C Preferred Unit shall have the meaning assigned to such term in the AMID Partnership Agreement.

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

Series C Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVIII. “Series C Rating Event” means a change by any Rating Agency to the Series C Current Criteria, which change results in (i) any shortening of the

Series C Preferred Unit shall be designated as either a Series C-1 Preferred Unit or a Series C-2 Preferred Unit of the Company and shall have the rights, preferences, privileges, restrictions and duties assigned herein to Series C Preferred Units and, as applicable, to Series C-1 Preferred Units or Series C-2 Preferred Units.

Series C Preferred Unit means a Partnership Unit issued by the Partnership to the General Partner in consideration of the contribution by the General Partner to the Partnership of the entire net proceeds received by the General Partner from the issuance of the Series C Preferred Stock. The Series C Preferred Units are Partnership Preferred Units. The Series C Preferred Units shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption as are set forth in Exhibit I. It is the intention of the General Partner, in establishing the Series C Preferred Units that each Series C Preferred Unit shall be substantially the economic equivalent of a share of Series C Preferred Stock.

Series C Preferred Unit means a Partnership Unit issued or authorized to be issued by the Partnership pursuant to Addendum No. 4 to this Agreement, which designates the "Series C Preferred Units."

Series C Preferred Unit has the meaning set forth in the Partnership Agreement.