Series I Preferred Units definition

Series I Preferred Units means the Partnership's 8.00% Series I Cumulative Redeemable Partnership Units.

Series I Preferred Units shall have the meaning set forth in Section 24.1.

Series I Preferred Units means Series I Cumulative Redeemable Preferred Units of Beneficial Interest, par value $0.01 per unit, of the Trust.

Examples of Series I Preferred Units in a sentence

• No sinking fund shall be established for the retirement or redemption of Series I Preferred Units.

• Accrued but unpaid distributions on the Series I Preferred Units will accumulate as of the Series I Preferred Unit Distribution Payment Date on which they first become payable.

• The authorized number of Series I Preferred Units shall be 100,000.

• Upon any voluntary or involuntary liquidation, dissolution or winding-up of the Partnership, distributions on the Series I Preferred Units shall be made in accordance with Article 13.

• Subject to the rights of the holders of Preferred Units ranking senior to or on parity with the Series I Preferred Units, the holders of Series I Preferred Units shall be entitled to receive on each Distribution Payment Date, out of assets of the Partnership legally available for the payment of the distributions, monthly cumulative cash distributions at the LIBOR Rate on the $1,000 liquidation preference per Series I Preferred Unit.

More Definitions of Series I Preferred Units

Series I Preferred Units means the series of preferred units of the Partnership designated as Series I Preferred Units having such designations, preferences and other rights described in Schedule G.

Series I Preferred Units has the meaning given such term in Section 5.26(a).

Series I Preferred Units means the series of Units designated as the ------------------------ Series I Preferred Units with the designations, preferences and other rights set forth in Exhibit N hereto. ---------

Series I Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 6.375% Series I Cumulative Redeemable Preferred Units (Liquidation Preference $25.00 per share), with the preferences, liquidation and other rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption of units as described herein.

Series I Preferred Units means the series of Partnership Units established pursuant to this Amendment, representing units of Limited Partnership Interest designated as the 6.50% Series I 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 I Preferred Units has the meaning ascribed to the term “Series I Preferred Units”, in Article 1 of the Borrower’sOperating Partnership’s Fourth Amended and Restated Limited Partnership Agreement, as amended, which class of units was initially created by the Borrower’sOperating Partnership’s Eighth Amendment to the Fourth Amended and Restated Limited Partnership Agreement.

Series I Preferred Units means the Partnership’s 8.00% Series I Cumulative Redeemable Partnership Units.