Series B Preferred Units definition

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

Series B Preferred Units has the meaning assigned to such term in Section 5.10(a).

Series B Preferred Units means the Partnership's 8 5/8% Series B Cumulative Redeemable Partnership Units.

Examples of Series B Preferred Units in a sentence

• The Series B Preferred Units shall not have the benefit of any sinking fund.

• After such allocations have been made to the Outstanding Series B Preferred Units and any Outstanding Series B Preferred Parity Securities, any remaining Net Termination Gain or Net Termination Loss shall be allocated to the Partners pursuant to Section 6.1(c).

• The guaranteed payment with respect to any Series B Preferred Distribution Period shall be for the account of the holders of Series B Preferred Units as of the applicable Series B Preferred Distribution Record Date.

• All notices or communications in respect of the Series B Preferred Units shall be sufficiently given if given in writing and delivered in person or by first class mail, postage prepaid, or if given in such other manner as may be permitted in this Section 5.15, this Agreement or by applicable law.

• The Series B Preferred Units and the Series B Holders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law.

More Definitions of Series B Preferred Units

Series B Preferred Units means the Partnership’s 7.875% Series B Cumulative Redeemable Partnership Units, with the rights, priorities and preferences set forth herein.

Series B Preferred Units means the series of preferred units of the Partnership designated as 8.5% Series B Cumulative Convertible Preferred Units having such designations, preferences and other rights described in Schedule A.

Series B Preferred Units has the meaning specified in Section 3.2.

Series B Preferred Units means the Partnership’s 8.375% Series B Cumulative Redeemable Preferred Units, with the rights, priorities and preferences set forth herein.

Series B Preferred Units shall have the meaning set forth in the recitals.

Series B Preferred Units means the 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units issued by the Partnership.

Series B Preferred Units means the Series B Cumulative Convertible Preferred Units representing limited partner interests in the Partnership and having the rights and obligations specified in the Partnership Agreement.