Series M Preferred Units definition

Series M Preferred Units means the Partnership’s 6 3/4% Series M Cumulative Redeemable Partnership Units.
Series M Preferred Units means the series of Partnership Units established pursuant to the Sixteenth Amendment to this Partnership Agreement, representing units of Limited Partnership Interest designated as the Series M Preferred Units, with the preferences, rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of repurchase and conversion as described herein.
Series M Preferred Units means the series of Units designated as the Series M Preferred Units with the designations, preferences and other rights set forth in Exhibit G hereto.

Examples of Series M Preferred Units in a sentence

  • Immediately prior to any redemption of Series M Preferred Units, the Partnership shall pay, in cash, any accumulated and unpaid distributions on the Series M Preferred Units to be redeemed through the redemption date.

  • The General Partner, as holder of the Series M Preferred Units, shall not be entitled to any distributions, whether payable in cash, other property or otherwise, in excess of the full cumulative distributions described herein.

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

  • The Series M Preferred Units shall not be convertible into any other class or series of interest in the Partnership.

  • Except as provided above, the Partnership will make no payment or allowance for unpaid distributions, whether or not in arrears, on Series M Preferred Units for which a notice of redemption has been given.

  • The General Partner shall not have any voting or consent rights in respect of its partnership interest represented by the Series M Preferred Units.

  • The Series M Preferred Units may not be redeemed prior to November 25, 2008.

  • Any distribution payment made on the Series M Preferred Units shall first be credited against the earliest accrued but unpaid distribution due with respect to such Series M Preferred Units which remain payable.

  • After payment of the full amount of the liquidating distributions to which they are entitled, the General Partner, as holder of the Series M Preferred Units, will have no right or claim to any of the remaining assets of the Partnership.

  • If any date on which distributions are to be made on the Series M Preferred Units is not a Business Day, then payment of the distribution to be made on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date.


More Definitions of Series M Preferred Units

Series M Preferred Units means the Partnership’s 6 3/4% Series M Cumulative Redeemable Partnership Units. “Series M Preferred Unit Distribution Payment Date” shall have the meaning set forth in Section 21.3.A hereof.

Related to Series M Preferred Units

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

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

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

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Preferred Stock means the Class B Cumulative Convertible Preferred Stock, par value $0.01 per share, of the Previous General Partner.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series G Preferred Stock means shares of the Company’s Series G Preferred Stock, par value $0.0001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.