Examples of Series N Preferred Units in a sentence
Distributions shall be payable to the General Partner, as holder of the Series N Preferred Units, at the close of business on the applicable record date (the “Record Date”), which shall be on such date designated by the Partnership for the payment of Distributions that is not more than 30 nor less than 10 days prior to such Quarterly Distribution Date.
The rights of the General Partner, in its capacity as holder of the Series N Preferred Units, are in addition to and not in limitation of any other rights or authority of the General Partner, in any other capacity, under the Partnership Agreement.
The Series N Preferred Units have no stated maturity and will not be subject to any sinking fund or mandatory redemption provisions.
The Series N Preferred Units are not redeemable prior to June 30, 2011.
Nyweide, GlobalOptions’ Chief Financial Officer, Executive Vice President-Corporate Development, Treasurer and Secretary, 114,519 shares; John D.
Revenue and expense items, at the average rates of exchange each quarter.The effects of translation are credited or charged to the statement of operations as foreign exchange gain or loss.
Except as required by law, the General Partner, in its capacity as the holder of the Series N Preferred Units, shall not be entitled to vote at any meeting of the Partners or for any other purpose or otherwise to participate in any action taken by the Partnership or the Partners, or to receive notice of any meeting of the Partners.
In addition, nothing herein shall be deemed to limit or otherwise restrict any rights or authority of the General Partner other than in its capacity as the holder of the Series N Preferred Units.
At any time that the General Partner exercises its right to redeem all or any of the Series N Preferred Shares, the General Partner shall exercise its right to cause the Partnership to redeem an equal number of Series N Preferred Units.
On or after June 30, 2011, the General Partner may, at its option, cause the Partnership to redeem at any time all or, from time to time, part of the Series N Preferred Units at a price per unit, payable in cash, of $250.00, together with all accrued and unpaid Distributions thereon, without interest, to and including the date fixed for redemption.