The repayment of the Fund's credit facility was considered to be in the best interest of the Fund's unitholders, as the Manager considered doing so would have a more significant impact on long-term unitholder value than would have been realized by purchasing units through the Program in declining market conditions. ❋ Unknown (2009)
It is up to the unitholder (and his financial advisor) to lighten up on equity funds when appropriate. ❋ Unknown (2009)
Income trusts are comprised of assets assigned to a dedicated trust of which you, the shareholder or unitholder, own a portion, as well as the future cash flow stream associated with those assets. ❋ Joseph Tatusko (2006)
Additionally, we have executed on activities that are going to materially contribute to our unitholder's distributions in 2011.
ONEOK Partners' 2011 earnings guidance also includes a 1 cent per quarter increase in unitholder distributions, while maintaining a minimum coverage ratio of 1.05 times distributable cash flow. ❋ Unknown (2011)
The company has a unitholder rights plan in place to deal with an unsolicited offer to give it time to evaluate the bid. ❋ Ross Marowits (2011)
Any unitholder wishing to receive a paper copy of the Annual Report may obtain one free of charge upon request by contacting the TC PipeLines, LP Secretary at 1.800.661.3805.
Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth.
Financial measures such as Distributable Cash Flow are quantitative standards used by the investment community with respect to publicly traded partnerships because the value of a partnership unit is in part measured by its yield which in turn is based on the amount of cash distributions a partnership can pay to a unitholder.
In general, the unitholder is responsible for determining the correct tax-adjusted cost base of the mutual fund units at all times. ❋ JOHN HEINZL (2011)
The Form S-4 incorporates a joint proxy statement/prospectus which Vanguard and ENP mailed to their respective unitholders in connection with obtaining unitholder approval of the proposed merger.
The Board will be recommending FOR these proposals and if the Board-recommended proposals are approved by the requisite unitholder vote, unitholders would have the right to nominate director candidates at the 2012 Annual Meeting of Unitholders.
Distributable cash flow is also a quantitative standard used by the investment community with respect to publicly traded partnerships because the value of a partnership unit is, in part, measured by its yield, which is based on the amount of cash distributions a partnership can pay to a unitholder.
And again, as I always say, when I iterate our commitment, is to increase shareholder and unitholder value and to continue to grow our distributions.
Among other things, it provides us the opportunity to immediately de-lever our balance sheet resulting in additional financial flexibility for growth and unitholder value creation in the future.
Distributable cash flow is also a quantitative standard used throughout the investment community with respect to publicly-traded partnerships and limited liability companies because the value of a unit of such an entity is generally determined by the unit's yield which in turn is based on the amount of cash distributions the entity pays to a unitholder.
In accordance with the Regulations of Cedar Fair's general partner and the Limited Partnership Agreement of the Company, the proposal to allow unitholders to nominate directors requires unitholder approval.
Completion of the merger, assuming the requisite unitholder votes are obtained and subject to other customary terms and conditions, is expected to occur on November 30, 2011.
And again, I want to reiterate, our focus is to increase unitholder value and grow our distributions going forward.
