Preferred Capital means a Capital Account balance equal to the product of (i) the number of Series A Preferred Units then held by the General Partner multiplied by (ii) the sum of $25 and any Preferred Distribution Shortfall per Series A Preferred Unit.
Preferred Capital means, as of any date with respect to a Member, the portion of such Member's Capital Contribution designated as Preferred Capital opposite such Member's name on Schedule A.
Examples of Preferred Capital in a sentence
In connection with the Quarterly Report of Huntington Preferred Capital, Inc.
In connection with the Annual Report of Huntington Preferred Capital, Inc.
Effective September 11, 2009, the Company entered into a credit facility with Wells Fargo Preferred Capital, Inc.
In addition to its receivables and securities sales, the Company has an external source of funds available under a credit facility with Wells Fargo Preferred Capital, Inc.
Banca Lombarda Preferred Capital Company Llc (100% controlled) registered address: 1209, Orange Street the Corp.
More Definitions of Preferred Capital
Preferred Capital the preferred capital of the Company or the preferred stock of a corporation that is the successor of the Company.
Preferred Capital means the capital contributions of T-Asia on and after the date of this Agreement other than capital contributions made to permit the redemption of a Membership Interest. T-Asia’s Preferred Capital shall bear the Preferred Return from the date of contribution until distributed pursuant to Section 3.1(a)(ii) or Section 8.1(a)(4) hereof.
Preferred Capital. A Class B Limited Partner’s initial Preferred Capital is reflected in Section 4.1(c).
Preferred Capital means the amount of Eighty Four Million Four Hundred Twenty Thousand Two Hundred Sixty Two Dollars and Forty Six Cents ($84,420,262.46); provided, however, if the Company is required to prepay a portion of the Existing Credit Facility in order to accomplish the extension or modification of such Existing Credit Facility or reduce the outstanding principal balance of the Existing Credit Facility in order to accomplish a refinancing thereof, the Denihan Member’s pro rata share of the prepaid amount or the principal reduction, as the case may be, to the extent not being paid out of Revenues, shall be treated as a reduction of the Preferred Capital and an increase to the Xxxxxxx Common Capital as of the date of such prepayment (and constitute a deemed Capital Contribution by the Xxxxxxx Member on a pro-rata basis based upon the Xxxxxxx Member’s then current respective Percentage Interests). Upon the occurrence of any such deemed Capital Contribution by the Denihan Member, the Percentage Interests of the Members shall be adjusted accordingly. For the avoidance of doubt, (i) the Preferred Capital shall not constitute Revenues (as defined herein) for any purposes and (ii) any fees paid to accomplish any extension, modification or refinancing prior to or simultaneously with the date hereof shall not be counted in determining the amount of any prepayment.
Preferred Capital means with respect to any Member, the ----------------- product of the number of Membership Units held by such Member times $1,000.00, as adjusted pursuant to Section 8.5, Section 8.6,and/or Section 8.7.
Preferred Capital means with respect to any Member, the