Priority Return
Priority Return. Means an amount equal to 4.875% per annum, of the Liquidation Preference per Series Z Preferred Unit, commencing on the date of issuance of such Series Z Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series Z Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 7.375% per annum, of the Liquidation Preference per Series O Preferred Unit, commencing on the date of issuance of such Series O Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series O Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 5.70% per annum, of the Liquidation Preference per Series V Preferred Unit, commencing on the date of issuance of such Series V Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series V Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 5.75% per annum, of the Liquidation Preference per Series U Preferred Unit, commencing on the date of issuance of such Series U Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series U Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 6.00% per annum, of the Liquidation Preference per Series T Preferred Unit, commencing on the date of issuance of such Series T Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series T Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 6.45% per annum, of the Liquidation Preference per Series S Preferred Unit, commencing on the date of issuance of such Series S Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series S Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 6.875% per annum, of the Liquidation Preference per Series R Preferred Unit, commencing on the date of issuance of such Series R Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series R Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 6.70% per annum, of the Liquidation Preference per Series P Preferred Unit, commencing on the date of issuance of such Series P Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series P Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 7.950% per annum, of the Liquidation Preference per Series K Preferred Unit, commencing on the date of issuance of such Series K Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series K Preferred Unit Distribution Payment Date (as defined below).
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PS Business Parks, Inc. contract
Priority Return. Means an amount equal to 7.60% per annum, of the Liquidation Preference per Series L Preferred Unit, commencing on the date of issuance of such Series L Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series L Preferred Unit Distribution Payment Date (as defined below).
Found in
PS Business Parks, Inc. contract
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