First Liquidation Target Amount definition

First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

First Liquidation Target Amount. Has the meaning set forth in Section 5.7.7.

First Liquidation Target Amount means an amount, determined with respect to any Unit, which equals, as of the date of its determination, the sum of (a) the Unrecovered Capital, if any, attributable to such Unit, plus (b) the Cumulative Base Deficiency, if any, attributable to such Unit, plus (c) the First Target Amount, with respect to the calendar quarter as to which such determination is made.

More Definitions of First Liquidation Target Amount

First Liquidation Target Amount means, an amount, determined with respect to any LP Unit, which equals, as of the date of its determination, the sum of (a) the Remaining Capital, if any, attributable to such LP Unit, plus (b)(i) in the case of a Senior Preference Unit, the Cumulative Senior Preference Unit Deficiency, (ii) in the case of a Preference Unit, the Cumulative Preference Unit Deficiency or (iii) in the case of a Preference B Unit, the Cumulative Preference B Unit Deficiency, plus (c) the First Target Distribution Cumulative Deficiency.

First Liquidation Target Amount has the meaning assigned to such term in Section 5.1(c)(i)(H).

First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D). "First Target Distribution" means $0.594 per Unit per Quarter (or, with respect to the period commencing on the Closing Date and ending on March 31, 1997, it means the product of $0.594 multiplied by a fraction of which the numerator is the number of days in such period, and of which the denominator is 90), subject to adjustment in accordance with Sections 6.6 and 6.9. "General Partners" means the Managing General Partner and the Special General Partner and their successors and permitted assigns as general partners of the Partnership. "Group" means a Person that with or through any of its Affiliates or Associates has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting (except voting pursuant to a revocable proxy or consent given to such Person in response to a proxy or consent solicitation made to 10 or more Persons) or disposing of any Partnership Securities with any other Person that beneficially owns, or whose Affiliates or Associates beneficially own, directly or indirectly, Partnership Securities. "Group Member" means a member of the Partnership Group. "Holder" as used in Section 7.13, has the meaning assigned to such term in Section 7.13(a). "Incentive Distribution Right" means a non-voting limited partner Partnership Interest issued to the General Partners in connection with 9

First Liquidation Target Amount has the meaning given such term in

First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D). "First Target Distribution" means $0.550 per Unit per Quarter (or, with respect to the period commencing on the Closing Date and ending on March 31, 1998, it means the product of $0.550 multiplied by the sum of (x) 1.00 and (y) a fraction of which the numerator is the number of days in the period commencing on the Closing Date and ending on December 31, 1997, and of which the denominator is 92), subject to adjustment in accordance with Sections 6.6 and 6.9. "General Partner" means U.S. Timberlands Services Company, L.L.C. (formerly known as New Services, L.L.C.) and its predecessors, successors and permitted assigns as general partner of the Partnership. "General Partner Interest" means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner without reference to any Limited Partner Interest held by it) which may be evidenced by Partnership Securities or a combination thereof or interest therein, and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement. "Group" means a Person that with or through any of its Affiliates or Associates has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting (except voting pursuant to a revocable proxy or consent given to such Person in response to a proxy or consent solicitation made to 10 or more Persons) or disposing of any Partnership Securities with any other Person that beneficially owns, or whose Affiliates or Associates beneficially own, directly or indirectly, Partnership Securities. "Group Member" means a member of the Partnership Group. "Holder" as used in Section 7.12, has the meaning assigned to such term in Section 7.12(a). "Holdings" means U.S. Timberlands Holdings, L.L.C., a Delaware limited liability company. "Incentive Distribution Right" means a Limited Partner Interest issued to the General Partner in connection with the transfer of substantially all of its member interest in the Operating Company to the Partnership pursuant to Section 5.2, which Partnership Interest shall confer upon the holder thereof only the rights and obligations specifically provided in this Agreement with respect to Incentive Distribution Rights (and no other rights otherwise available to or other obligations of holders of a Partners...

First Liquidation Target Amount is defined in Section 6.1(c)(i)(D). FORESIGHT ENERGY LP FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP