Complete Redemption Payment Amount Clause Samples
Complete Redemption Payment Amount. The amount (the “Complete Redemption Amount”) to be paid to each Redeemable Preferred Member with respect to each Redeemable Preferred Share redeemed pursuant to this Section 5.5 shall be the sum of the following:
(i) all Redeemable Preferred Dividends which have accrued but are unpaid with respect to such Redeemable Preferred Share, with such accruals to be calculated up to and including the Maturity Date; and
(ii) the Redeemable Preferred Paid-up Value of such Redeemable Preferred Share.
