Annualized Preferred Yield

Annualized Preferred Yield. The calculation of (x) the then current distribution amount per Quarter per Common Unit multiplied by four (4), divided by the Distribution VWAP, plus (y): (i) 0.50% with respect to the first and second full Quarters following issuance of the Preferred Units and the partial Quarter immediately following issuance of the Preferred Units (which partial Quarter will be the Quarter ending June 30, 2013 and with the distribution for such partial Quarter apportioned for the number of days in such... partial Quarter that the Preferred Units are outstanding); (ii) 1.00% with respect to the third and fourth full Quarters following issuance of the Preferred Units; (iii) 1.50% with respect to the fifth and sixth full Quarters following issuance of the Preferred Units; and (iv) 2.00% with respect to each Quarter thereafter. View More