Series B Distributions definition

Series B Distributions means distributions with respect to Series B Preferred Units pursuant to Section 16.3.
Sample 1Sample 2Sample 3
Series B Distributions means distributions with respect to Series B Preferred Units pursuant to Section 17.3.
Sample 1Sample 2Sample 3
Series B Distributions means, with respect to any Series B Distribution Period, an amount equal to 95% of Revenues Less Expenses received by Hilli Corp during such Series B Distribution Period.
Sample 1Sample 2Sample 3

Examples of Series B Distributions in a sentence

  • Series B Holders shall be entitled to receive Series B Distributions from time to time out of any assets of the Partnership legally available for the payment of distributions at the Series B Distribution Rate per Series B Preference Unit when, as, and if declared by the Board of Directors.

  • If any Series B Distribution Payment Date during the Series B Fixed Rate Period would otherwise occur on a date that is not a Business Day, declared Series B Distributions shall be paid on the immediately succeeding Business Day without the accumulation of additional distributions.

  • Series B Distributions payable for any Series B Distribution Period during the Series B Fixed Rate Period will be calculated based on a 360-day year consisting of twelve 30-day months.

  • Distributions shall accumulate in each Series B Distribution Period from and including the preceding Series B Distribution Payment Date (other than the initial Series B Distribution Period, which shall commence on and include the Series B Original Issue Date), to but excluding the next Series B Distribution Payment Date for such Series B Distribution Period and distributions shall accrue on accumulated Series B Distributions at the Series B Distribution Rate.

  • Series B Distributions, to the extent declared by the Board of Directors to be paid by the Partnership in accordance with this Section 17.3, shall be paid quarterly on each Series B Distribution Payment Date.

  • Series B Distributions payable for any Series B Distribution Period during the Series B Floating Rate Period will be calculated based on a 360-day year and the number of days actually elapsed during such Series B Distribution Period.

  • Each Series B Preference Unit shall be identical in all respects to every other Series B Preference Unit, except as to the respective dates from which the Series B Liquidation Preference shall increase or from which Series B Distributions may begin accruing, to the extent such dates may differ.

  • Each Series B Preferred Unit shall be identical in all respects to every other Series B Preferred Unit, except as to the respective dates from which the Series B Liquidation Preference shall increase or from which Series B Distributions may begin accruing, to the extent such dates may differ.

  • If any Series B Distribution Payment Date otherwise would occur on a date that is not a Business Day, declared Series B Distributions shall be paid on the immediately succeeding Business Day without the accumulation of additional distributions.

  • Distributions shall accumulate in each Series B Distribution Period from and including the preceding Series B Distribution Payment Date (other than the initial Series B Distribution Period, which shall commence on and include the Series B Original Issue Date), to but excluding the next Series B Distribution Payment Date for such Series B Distribution Period, and distributions shall accrue on accumulated Series B Distributions at the Series B Distribution Rate.


More Definitions of Series B Distributions

Series B Distributions has the meaning set forth in the Partnership Agreement.
Sample 1
Series B Distributions means distributions with respect to Series B Preferred Units pursuant to Section 16.3. “Series B Fixed Rate Period” means the period from and including the Series B Original Issue Date to, but not including, October 15, 2027. “Series B Floating Rate Period” means the period from and including October 15, 2027 to, but not including, the date that all of the Series B Preferred Units are redeemed in full in accordance with Section 16.6 below. “Series B Holder” means a Record Holder of the Series B Preferred Units. “Series B LIBOR Determination Date” means the London Business Day immediately preceding the first date of the applicable Series B Distribution Period during the Series B Floating Rate Period (or for the period from and including October 15, 2027 and ending on and including December 31, 2027, the London Business Day immediately preceding October 15, 2027). “Series B Liquidation Preference” means an amount for each Series B Preferred Unit initially equal to $25.00 per share, which amount shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid distributions (whether or not such distributions shall have been declared). “Series B Original Issue Date” means October 23, 2017. “Series B Payments” means, collectively, Series B Distributions and Series B Redemption Payments. “Series B Preferred Unit” means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI. “Series B Redemption Date” has the meaning assigned to such term in Section 16.6. “Series B Redemption Notice” has the meaning assigned to such term in Section 16.6(c). “Series B Redemption Payments” means payments to be made to the holders of Series B Preferred Units to redeem Series B Preferred Units in accordance with Section 16.6. “Series B Redemption Price” has the meaning assigned to such term in Section 16.6(a).
Sample 1
Series B Distributions means distributions with respect to Series B Preferred Units pursuant to Section 17.3. “Series B Holder” means a Record Holder of the Series B Preferred Units.
Sample 1
Series B Distributions means distributions with respect to Series B Preferred Units pursuant to S ection 5.18(b)(ii). “Series B Fixed Rate Period” means the period from and including the date hereof to, but excluding, February 15, 2028.
Sample 1
Series B Distributions means distributions with respect to Series B Preferred Units pursuant to Section 4 of this E xhibit BP.
Sample 1
Series B Distributions means distributions with respect to Series B Preferred Units pursuant to Section 4 of this Exhibit BP. “Series B Holder” means the Person in whose name a Series B Preferred Unit is registered on the books of the Series B Transfer
Sample 1

Related to Series B Distributions

  • Final Distributions means, with respect to the Certificates of any Trust on any Distribution Date, the sum of (x) the aggregate amount of all accrued and unpaid interest on such Certificates (excluding interest, if any, payable with respect to the Deposits relating to such Trust) and (y) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (less the amount of the Deposits for such Class of Certificates as of such preceding Distribution Date other than any portion of such Deposits thereafter used to acquire Equipment Notes pursuant to the Note Purchase Agreement). For purposes of calculating Final Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Final Distributions.

  • Series A Distribution Rate means a rate equal to 7.25% per annum of the Stated Series A Liquidation Preference per Series A Preferred Unit.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Regular Distribution Date Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".