Company Preferred Unit definition

Company Preferred Unit means a fractional share of the Membership Interests of a particular class or series that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Membership Common Units.
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Company Preferred Unit. Section 3.3(e)
Sample 1
Company Preferred Unit means a fractional share of the Membership Interests of a particular class or series that the Managing Member has authorized pursuant to Section 4.1 or 4.2 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Membership Common Units, including the Series A Company Preferred Units, the Series B Company Preferred Units, the Series C Company Preferred Units, the Series D Company Preferred Units, the Series E Company Preferred Units, the Series F Company Preferred Units, the Series G Company Preferred Units and the Series H Company Preferred Units.
Sample 1

Examples of Company Preferred Unit in a sentence

  • For the avoidance of doubt, the amount of distribution per Series B Company Preferred Unit payable on the initial Distribution Payment Date (i.e., February 15, 2017) will be equal to the amount of the dividends payable per share of Series B Preferred Share on such Distribution Payment Date.

  • Barriers to entry can arise from small market size, government regulation, entry costs or asymmetric supply conditions between existing firms and new entrants.

  • Any Company Preferred Unit with respect to which the Company has not received an effective, properly completed Preferred Election Form on or before 5:00 p.m., Little Rock, Arkansas time, on the 20th day following the Mailing Date (or such other later time as the Company may otherwise decide) (the “Election Deadline”) shall be deemed to be Non-Elected Company Preferred Units.

  • The amount of distribution per Series D Company Preferred Unit accruing in each full Distribution Period shall be computed by dividing the Series D Annual Distribution Rate by four.

  • Upon redemption of Series C Company Preferred Units on the Series C Redemption Date, each Series C Company Preferred Unit so redeemed shall be converted into the right to receive the Series C Redemption Price.

  • For the avoidance of doubt, the amount of distribution per Series A Company Preferred Unit payable on the initial Distribution Payment Date (i.e., February 15, 2017) will be equal to the amount of the dividends payable per share of Series A Preferred Share on such Distribution Payment Date.

  • The amount of distribution per Series E Company Preferred Unit accruing in each full Distribution Period shall be computed by dividing the Series E Annual Distribution Rate by four.

  • For the avoidance of doubt, the amount of distribution per Series E Company Preferred Unit payable on the initial Distribution Payment Date (i.e., February 15, 2017) will be equal to the amount of the dividends payable per share of Series E Preferred Share on such Distribution Payment Date.

  • Upon redemption of Series D Company Preferred Units on the Series D Redemption Date, each Series D Company Preferred Unit so redeemed shall be converted into the right to receive the Series D Redemption Price.

  • For the avoidance of doubt, the amount of distribution per Series C Company Preferred Unit payable on the initial Distribution Payment Date (i.e., February 15, 2017) will be equal to the amount of the dividends payable per share of Series C Preferred Share on such Distribution Payment Date.


More Definitions of Company Preferred Unit

Company Preferred Unit has the meaning set forth in Section 3.02(a).
Sample 1

Related to Company Preferred Unit

  • Company Preferred Stock means the Preferred Stock, par value $0.001 per share, of the Company.

  • Company Preferred Shares means, collectively, the Company Series A-1 Preferred Shares, the Company Series A-2 Preferred Shares, the Company Series B Preferred Shares, and the Company Undesignated Preferred Shares.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.