Class A Liquidation Preference definition

Class A Liquidation Preference shall have the meaning ascribed thereto in Section 2.7(b) hereof.

Class A Liquidation Preference means, with respect to each Class A Preferred Unit, the sum of the Class A Preferred Unit Price (subject to adjustments for any stock splits, combinations or recapitalization with respect to the Class A Preferred Units) plus all accrued but unpaid and accumulated distributions, including distributions accrued and unpaid at the Deficiency Rate, if any, on such Class A Preferred Unit to, but not including, the Liquidation Date.

Class A Liquidation Preference shall have the meaning specified in the Homebase LLC Agreement.

Examples of Class A Liquidation Preference in a sentence

• Until each holder of shares of Class A EPS has received distributions equal to the Class A Liquidation Preference, no Junior Liquidating Distributions may be paid to holders of any other class or series of shares of beneficial interest in the Trust.

• Until the General Partner has been paid the Class A Liquidation Preference in full, no payment shall be made to any holder of Participating Partnership Units upon the liquidation, dissolution or winding up of the Partnership.

• In addition to being entitled to receive the Class A Liquidation Preference, upon the occurrence of any Liquidation Event the holders of Class A EPS shall be entitled to participate, pursuant to the Class A Liquidation Participation Right, ratably with the holders of Trust Shares in any liquidating distributions to such holders.

• If the assets of the Corporation are not sufficient to pay in full the Class A Liquidation Preference payable to the holders of outstanding shares of Class A Preferred Stock, then the holders of all such shares shall share ratably in such distribution of assets in proportion to the amount which would be payable on such distribution if the Class A Liquidation Preference to which the holders of outstanding shares of Class A Preferred Stock are entitled were paid in full.

• Upon any such liquidation, dissolution or winding up of the Corporation, after the holders of Class A Preferred Stock shall have been paid in full their Class A Liquidation Preference, the remaining assets of the Corporation may be distributed to the holders of shares of Common Stock and Preferred Stock, and the holders of shares of Class A Preferred Stock shall not be entitled to share therein.

More Definitions of Class A Liquidation Preference

Class A Liquidation Preference means an amount per share equal to US$7.00186, plus all accrued and unpaid dividends, whether or not declared and which if not paid shall cumulate on an annual basis on each December 31.

Class A Liquidation Preference means an amount equal to $62.39 per Class A Preferred Unit.

Class A Liquidation Preference has the meaning set forth in the Topco LLC Agreement.

Class A Liquidation Preference means as to each Class A Preferred Share as of any date, the sum of (i) the Class A Contribution Account as of such date plus (ii) the Class A Preferred Return thereon accrued through such date.

Class A Liquidation Preference means, as of the Distribution Date, the Class A Available Dividend Amount divided by the number of shares of Class A Stock outstanding.

Class A Liquidation Preference shall be equal to the Preferred Share Liquidation Value plus the Preferred Shares Dividends with respect to each Class A Preferred Share.

Class A Liquidation Preference means, on a per share basis, the sum of (a) One Thousand Dollars ($1,000) plus (b) the amount of all accrued but unpaid Class A Dividends (compounded annually), whether or not declared, through (x) the Distribution Date in the case of a Class A Dividend or (y) the Determination Date in the case of a Conversion, a Redemption or a Fundamental Corporate Transaction.