Series M Preferred Unit Distribution Payment Date definition

Series M Preferred Unit Distribution Payment Date shall have the meaning set forth in Section 21.3.A hereof.

Examples of Series M Preferred Unit Distribution Payment Date in a sentence

• Such distributions will be payable (A) quarterly in arrears, on the 15th day of January, April, July and October of each year and (B) in the event of a redemption of Series M Preferred Units, on the redemption date (each a "Series M Preferred Unit Distribution Payment Date"), commencing on the first of such payment dates to occur following their original date of issuance.

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

• Distributions on the Series M Preferred Units will be made to the holders of record of the Series M Preferred Units on the relevant record dates to be fixed by the Partnership acting through the General Partner, which record dates shall in no event exceed fifteen (15) Business Days prior to the relevant Series M Preferred Unit Distribution Payment Date.

• Distributions on account of arrears for any past distribution periods may be declared and paid at any time, without reference to a regular Series M Preferred Unit Distribution Payment Date, to holders of record of the Series M Preferred Units on the record date fixed by the Partnership acting through the General Partner which date shall not exceed fifteen (15) Business Days prior to the payment date.