Accrued Preferred Return definition

Accrued Preferred Return of a Member holding Convertible Preferred Units, as of a particular date, means the aggregate amount of preferred return accrued on such Member’s Convertible Preferred Units through such date pursuant to the terms of such Units.]

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Accrued Preferred Return means an amount equal to the Preferred Return but without subtraction for any amounts distributed to Noteholder.

Accrued Preferred Return means as of a given date, with respect to each Series A Preferred Unit, the amount that would cause the applicable Series A Preferred Holder to achieve a return equal to eight percent (8%) per annum (accruing daily in arrears and compounded annually) on the Series A Preferred Issue Price from the date of issuance of such Series A Preferred Unit.

Examples of Accrued Preferred Return in a sentence

Third, net income or gain from a Liquidating Event or a Capital Event shall be allocated to the Members in an amount equal to the Preferred Return and Accrued Preferred Return paid to them out of the Liquidating Event or a Capital Event proceeds.
Any exercise of the Put Right shall be at a price per Series A Preferred Unit (the “Put Price”) equal to the Series A Preferred Issue Price plus the Accrued Preferred Return applicable to such Series A Preferred Unit up to and including the applicable Put Date.
Any amount distributed to a Class B Member under this Section shall be counted as paid in accordance with Section 6.6(a) above as a payment of the Accrued Preferred Return, Preferred Return or a return of Unreturned Capital, as applicable.
For each Member, the aggregate amount of Capital Contributions made by such Member, reduced by the amount of Distributions received by such Member in excess of the current Preferred Return and the Accrued Preferred Return.
In addition, Higher Perpetual’s entitlement to any Accrued Preferred Return for any Capital Contributions for the Affected Wind Farm shall thereafter at all times be equal to $0.
Third, net income or gain from a Liquidating Event or a Capital Event shall be allocated to the Members in an amount equal to the Preferred Return and Accrued Preferred Return paid to them out of the Liquidating Event or Capital Event proceeds.

More Definitions of Accrued Preferred Return

Accrued Preferred Return means, with respect to any Limited Partner as of any particular date, the excess of (i) the sum of (A) the aggregate Capital Contributions of such Limited Partner plus (B) such Limited Partner's Limited Partner Preferred Return as of such date, over (ii) all distributions to such Limited Partner pursuant to Section 8.3.

Accrued Preferred Return means a return of plus ten percent (10%) per annum, compounded annually, paid on Capital Contributions made by contributing Member to but excluding the date that such Capital Contribution is distributed to such Member, subject to adjustment in accordance with this Agreement.

Accrued Preferred Return a portion of the Preferred Return equal to an annual rate of return of 10.5% cumulative, compounded monthly on an actual 360 day year basis.

Accrued Preferred Return means all accrued and compounded amounts distributable to a Preferred Limited Partner under Section 5.1 hereof, together with all accrued but not yet due amounts distributable to a Preferred Limited Partner.

Accrued Preferred Return means as of a given date, with respect to each Preferred Unit, the amount that would cause the applicable Preferred Holder to achieve a fixed return per annum (accruing daily in arrears and compounded annually) on the Preferred Issue Price from the date of issuance of such Preferred Unit paid on the anniversary date of issuance.