Class B Liquidation Preference Amount definition

Class B Liquidation Preference Amount has the meaning set forth in Section 10.04(a) of this Agreement.
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Class B Liquidation Preference Amount means, with respect to any Class B Membership Unit, an amount equal to the Class B Purchase Price of the Class B Unit plus any accrued but unpaid Class B Dividends (as defined in the Original LLC Agreement) with respect thereto.
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Class B Liquidation Preference Amount means $147.06 plus cumulative dividends at the rate per annum of ten and three-fourths percent (10.75%) from September 30, 1996 through the Closing Date. "REDEEMABLE BASE LIQUIDATION AMOUNT" means $147.06.
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Examples of Class B Liquidation Preference Amount in a sentence

  • If there are insufficient assets to pay all Class B Members their full Class B Liquidation Preference Amount, the assets shall be distributed pro rata among the Class B Members.

  • In the event a Class B Member withholds such consent and subject to the conversion rights specified in Section 2.5(d), BOX Holdings shall have the option to redeem such Class B Member’s Class B Membership Units at the Class B Liquidation Preference Amount.

  • The Class B Preferred Securities shall be issued in an aggregate Class B Liquidation Preference Amount of U.S.$1,265,000,025.

  • In the event of the dissolution of BOX Holdings, Class B Members will be entitled to receive, of remaining BOX Holdings assets after satisfaction of amounts due to BOX Holdings creditors in accordance with the LLC Act and applicable law, their Class B Liquidation Preference Amount, prior to any distribution of assets to other Members.

  • The Class B Preferred Securities shall be issued in an aggregate Class B Liquidation Preference Amount of U.S.$ [ ].

  • For each Class B Payment Period, Capital Payments shall accrue on the Class B Liquidation Preference Amount of each Class B Preferred Security at a fixed rate of 6.55% per annum, calculated on the basis of a 360-day year of twelve 30-day months.

  • The Class B Preferred Securities shall be issued in an aggregate Class B Liquidation Preference Amount of U.S.$- (U.S.$- if the underwriters exercise their overallotment option with respect to the Trust Preferred Securities in full pursuant to the Purchase Agreement).

  • The Class B Preferred Securities shall be issued in an aggregate Class B Liquidation Preference Amount of U.S.$1,950,000,025.

  • In the event of the dissolution of BOX Holdings, Class B Members will be entitled to receive, of remaining BOX Holdings assets after satisfaction of amounts due to BOX Holdings creditors in accordance with the LLC Act and applicable law, their Class B Liquidation Preference Amount, prior to any distribution of assets to other [Class A] Members.

  • For each Class B Payment Period, Capital Payments shall accrue on the Class B Liquidation Preference Amount of each Class B Preferred Security at a fixed rate of -% per annum, calculated on the basis of a 360-day year of twelve 30-day months.