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

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.

• 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.

• In the event, however, that there are not sufficient assets available to permit payment in full of the Series I Class A Liquidation Preference and the liquidation preferences of all other series of preferred stock, if any, which rank on a parity with the Series I Class A Preferred Shares, then such remaining assets shall be distributed ratably to the holders of such parity shares in proportion to their respective liquidation preferences.

• 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.

• Notwithstanding the foregoing, in connection with any Liquidation, any redemption payments owing to holders of Class A Preferred Stock shall be paid in full (up to the Class A Liquidation Preference) before payments shall be made to holders of Class B Preferred Stock pursuant to this Section 9.5.

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 shall have the meaning specified in the Homebase LLC Agreement.

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 has the meaning set forth in the Topco LLC Agreement.

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.

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 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.