Preferred Base Amount definition

Preferred Base Amount means, with respect to a Preferred Partner, the amount of Capital Contributions made by such Partner with respect to the Preferred Units held by such Partner.

Preferred Base Amount is defined in Annex A.

Preferred Base Amount means $1,000 per Class P Unit.

Examples of Preferred Base Amount in a sentence

• If the Preferred Base Amount or the Compounded Return is reduced by any redemption or repurchase of a Class P Unit pursuant to Section 4 or Section 5 or pursuant to an RP Election (collectively, “Prior Preferred Redemptions”) made between Distribution Payment Dates, from such date of payment the Preferred Return shall accrue at the Applicable Distribution Rate on the basis of such reduced sum of the Preferred Base Amount and Compounded Return.

• General Partner: By: Limited Partners: , LP By: Name: Title: By: Name: Title: EXHIBIT A (as of _______, 2014) * Name of Partner Preferred Units Preferred Base Amount Sterling Capital Partners IV, L.P. (Limited Partner) SCP IV Parallel, L.P. (Limited Partner) Sxxxx Xxxxxxx (Limited Partner) Lxxxx Xxxxxx (Limited Partner) Rxxxxx Xxxxx (Limited Partner) Totals [_________] Common Units are reserved for issuance upon exercise of options issued under the Option Plan.

• General Partner: By: Limited Partners: ________________, LP By: Name: Title: By: Name: Title: EXHIBIT A (as of _______, 2014) * Name of Partner Preferred Units Preferred Base Amount Sterling Capital Partners IV, L.P. (Limited Partner) SCP IV Parallel, L.P. (Limited Partner) Sxxxx Xxxxxxx (Limited Partner) Lxxxx Xxxxxx (Limited Partner) Rxxxxx Xxxxx (Limited Partner) Totals [_________] Common Units are reserved for issuance upon exercise of options issued under the Option Plan.

• General Partner: By: Limited Partners: _____________, LP By: Name: Title: By: Name: Title: EXHIBIT A (as of _______, 2014) * Name of Partner Preferred Units Preferred Base Amount Sterling Capital Partners IV, L.P. (Limited Partner) SCP IV Parallel, L.P. (Limited Partner) Sxxxx Xxxxxxx (Limited Partner) Lxxxx Xxxxxx (Limited Partner) Rxxxxx Xxxxx (Limited Partner) Totals [_________] Common Units are reserved for issuance upon exercise of options issued under the Option Plan.

More Definitions of Preferred Base Amount

Preferred Base Amount means the Original Issue Price of the Preferred Units (as adjusted for any recapitalization or exchange of such Preferred Units), and any subdivision (by split or otherwise) or any combination (by reverse split or otherwise).