Series C Distribution Record Date definition

Series C Distribution Record Date has the meaning assigned to such term in Section 5.11(b)(ii)(B).
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Series C Distribution Record Date for the payment of any Series C Distributions shall be the fifth Business Day immediately preceding the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in Arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the Board of Directors in accordance with this Article XVIII. No distribution shall be declared or paid or set apart for payment on any Junior Securities (other than a distribution payable solely in Junior Securities) unless full cumulative Series C Distributions have been or contemporaneously are being paid or provided for on all Outstanding Series C Preference Units and any other Parity Securities through the most recent respective Series C Distribution Payment Dates. Accumulated Series C Distributions in Arrears for any past Series C Distribution Period may be declared by the Board of Directors and paid on any date fixed by the Board of Directors, whether or not a Series C Distribution Payment Date, to Series C Holders on the record date for such payment, which may not be more than 60 days, nor less than 15 days, before such payment date. Subject to the next succeeding sentence, if all accumulated Series C Distributions in Arrears on all Outstanding Series C Preference Units and any other Parity Securities shall not have been declared and paid, or if sufficient funds for the payment thereof shall not have been set apart, payment of accumulated distributions in Arrears on the Series C Preference Units and any such Parity Securities shall be made in order of their respective distribution payment dates, commencing with the earliest. If less than all distributions payable with respect to all Series C Preference Units and any other Parity Securities are paid, any partial payment shall be made pro rata with respect to the Series C Preference Units and any such other Parity Securities entitled to a distribution payment at such time in proportion to the aggregate distribution amounts remaining due in respect of such Series C Preference Units and such other Parity Securities at such time. Subject to Sections 12.4 and 18.6, Series C Holders shall not be entitled to any distribution, whether payable in cash, property or stock, in excess of full cumulative Series C Distributions. Except insofar as distributions accrue on the amount of any accumulated and unpaid Series C Distributions as described in Section 18.3(...
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Series C Distribution Record Date has the meaning given such term in Section 18.3(b).
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Examples of Series C Distribution Record Date in a sentence

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

  • The Record Date (the “Series C Distribution Record Date”) for the payment of any Series C Distributions shall be as of the close of business on the first Business Day of the month of the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in Arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the General Partner in accordance with this Section 5.11.

  • The Record Date (the “Series C Distribution Record Date”) for the payment of any Series C Distributions shall be the fifth Business Day immediately preceding the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in Arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the Board of Directors in accordance with this Article XVIII.

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

  • The Record Date (the “Series C Distribution Record Date”) for the payment of any Series C Distributions shall be the fifth Business Day immediately preceding the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the General Partner in accordance with this Article XVI.

  • The Record Date (the “Series C Distribution Record Date”) for the payment of any Series C Distributions shall be as of the close of business on the first Business Day of the month of the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in Arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the General Partner in accordance with this Section 5.19.

  • The Record Date (the “Series C Distribution Record Date”) for the payment of any Series C Distributions shall be as of the close of business on the first Business Day of the month of the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in Arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the General Partner in accordance with this Section 5.18.

  • The Record Date (the “Series C Distribution Record Date”) for the payment of any Series C Distributions shall be the fifth Business Day immediately preceding the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the Board of Directors in accordance with this Article XVIII.

  • The Record Date (the “Series C Distribution Record Date”) for the payment of any Series C Distributions shall be as of the close of business on the first Business Day of the month of the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in Arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the General Partner in accordance with this Section 5.13.

  • The Record Date (the “Series C Distribution Record Date”) for the payment of any Series C Distributions shall be as of the close of business on the first Business Day of the month of the applicable Series C Distribution Payment Date, except that in the case of payments of Series C Distributions in Arrears, the Series C Distribution Record Date with respect to a Series C Distribution Payment Date shall be such date as may be designated by the Board of Directors in accordance with this Article XVIII.


More Definitions of Series C Distribution Record Date

Series C Distribution Record Date has the meaning set forth in Section 16.3(b).
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Series C Distribution Record Date with respect to any distribution payable on Series C Preferred Units, means the close of business on the record date fixed for the determination of holders of record of REIT Series C Preferred Shares entitled to receive a distribution on such REIT Series C Preferred Shares.
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Series C Distribution Record Date shall have the meaning provided in Section 15.04 (a).
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Series C Distribution Record Date has the meaning set forth in Section 18.3(c). “Series C Distributions” means distributions with respect to Series C Preference Units pursuant to Section 18.3.
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Related to Series C 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%.

  • Dividend Record Date has the meaning set forth in Section 3(a).

  • Class C Distribution Amount With respect to any Distribution Date, the sum of (i) the Current Interest for the Class C Interest for such Distribution Date, (ii) any Overcollateralization Release Amount for such Distribution Date and (iii) without duplication, any Subsequent Recoveries not distributed to the Class A, Class M and Class B Certificates on such Distribution Date; provided, however, that, on any Distribution Date after the Distribution Date on which the Certificate Principal Balances of the Class A, Class M and Class B Certificates have been reduced to zero, the Class C Distribution Amount shall include the Overcollateralization Amount.