Series 1 Distribution Record Date definition

Series 1 Distribution Record Date with respect to any distribution payable on Series 1 Preferred Units, means the close of business on the record date fixed for the determination of holders of record of Series 1 Preferred Shares entitled to receive a distribution on such Series 1 Preferred Shares.
View Source
Series 1 Distribution Record Date has the meaning given to such term in Section 2(B)(b)(iii).
View Source

Examples of Series 1 Distribution Record Date in a sentence

  • Notwithstanding any provision to the contrary contained herein, the distribution payable on each Series 1 Preferred Unit outstanding on any Series 1 Distribution Record Date shall be equal to the distribution paid with respect to each other Series 1 Preferred Unit that is outstanding on such date.

  • Distributions will be payable on Series 1 Preferred Units outstanding at the close of business on the applicable Series 1 Distribution Record Date.

  • Each distribution is payable to holders of record of outstanding Series 1 Preferred Units as of the applicable Series 1 Distribution Record Date or date of redemption of such Series 1 Preferred Unit, as applicable.

  • The Record Date (the “Series 1 Distribution Record Date”) for the payment of any Series 1 Distributions shall be the first Business Day of the month of the applicable Series 1 Distribution Payment Date, except that in the case of payments of Series 1 Distributions in Arrears, the Series 1 Distribution Record Date with respect to a Series 1 Distribution Payment Date shall be such date as may be designated by the General Partner in accordance with this Section 2.

  • Such guaranteed payments with respect to any Series 1 Distribution Period shall be for the account of Series 1 Holders as of the applicable Series 1 Distribution Record Date, or as otherwise reasonably determined by the General Partner.

Related to Series 1 Distribution Record Date

  • Distribution Record Date means the Confirmation Date.

  • Share Distribution Record Date means the close of business on the day which is four Business Days after the date of the Arris Meeting or such other date as agreed to by Arris and CLI and QMI and AHI, which date establishes the Arris Shareholders who will be entitled to receive CLI and QMI and AHI Shares pursuant to this Plan of Arrangement;

  • Series A Distribution Rate means 6.375%.

  • Monthly Record Date means the "Record Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority: