Series C Preferred Units definition

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

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Series C Preferred Units means the Partnership's 8 3/4% Series C Cumulative Redeemable Partnership Units.

Series C Preferred Units has the meaning assigned to such term in Section 5.14(a).

Examples of Series C Preferred Units in a sentence

Each outstanding Series C Preferred Unit will accumulate cumulative distributions (calculated in accordance with Section 5(a)(ii)) at a rate per annum equal to the Series C Preferred Return on the Base Liquidation Preference thereof, regardless of whether or not declared or funds are legally available for their payment (such distributions that accumulate on the Series C Preferred Units pursuant to this sentence, “Regular Distributions”).
The Series C Preferred Units shall be owned and held solely by the Parent REIT.
Upon payment of such amount set forth in this Section 6(a) in full on the outstanding Series C Preferred Units, the Parent REIT, solely in its capacity as the sole owner of the Series C Preferred Units, will have no rights to the Partnership’s remaining assets or funds, if any.
The Parent REIT will not, as the sole holder of Series C Preferred Units, have any preemptive rights to subscribe for or purchase any Partnership Interests.
The number of authorized Series C Preferred Units shall be 1,000,000.

More Definitions of Series C Preferred Units

Series C Preferred Units means the series of Partnership Units established pursuant to this Amendment, representing units of Limited Partnership Interest designated as the 7.625% Series C Cumulative Redeemable Preferred Units, with the preferences, rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption of units as described herein; and

Series C Preferred Units means the Partnership's 8 3/4% Series C Cumulative Redeemable Partnership Units, which were repurchased and redeemed by the Partnership on December 5, 2001.

Series C Preferred Units shall have the meaning set forth therefor in Section 22.2 hereof.

Series C Preferred Units shall have the meaning set forth in preamble hereof.

Series C Preferred Units shall have the meaning set forth in Section 4.3.

Series C Preferred Units means the Partnership’s 4.375% Series C Cumulative Convertible Partnership Units, with the rights, priorities and preferences set forth herein.

Series C Preferred Units means a series of preferred Partnership Units designated as “Series C Preferred Units.”