Preferred Capital Amount definition

Preferred Capital Amount means the Initial Preferred Capital Amount less all distributions made to the Preferred Shareholder in redemption of the Class B Preferred Shares pursuant hereto, plus any additional contributions of capital made by the Preferred Shareholder.

Preferred Capital Amount means that portion of ARCO Member's Original Capital Contribution equal to $2,399,000, for which capital ARCO Member is entitled to a preferential distribution in accordance with this Agreement. This Preferred Capital Amount will be reduced by any payments with respect to the Preferred Capital Amount in excess of accrued Preferred Return.

Preferred Capital Amount has the meaning set forth in Section 4.2(b)(i).

Examples of Preferred Capital Amount in a sentence

• With respect to any such Distribution of additional GM Preferred Membership Interests pursuant to this Section 5.1(d), the Company shall be treated as making a Distribution equal to the product of (1) the GM Preferred Capital Amount of such Preferred Membership Interests and (2) 0.9 for the purposes of determining whether the Hurdle Rate has been satisfied pursuant to Section 5.1(d)(i), and Section 5.2.

• With respect to any such Distribution of additional Preferred Membership Interests pursuant to this Section 5.1(c), the Company shall be treated as making a Distribution equal to the product of (1) the Preferred Capital Amount of such Preferred Membership Interests and (2) 0.9 for the purposes of determining whether the Hurdle Rate has been satisfied pursuant to Section 5.1(b)(i), Section 5.1(c)(i) and Section 5.2(a)(iii).

• Any such Additional Capital Contribution shall be added to the applicable nondefaulting Member's Preferred Capital Amount.

• The Preferred Return shall be calculated annually on the average annual balance of the Preferred Capital Amount on December 31 of each year.

• For all purposes under this Declaration of Trust, as of any date, the Class B Preferred Capital Amount will be deemed to have been distributed when the Trust has distributed cash to the holders of the Class B Preferred Shares, pursuant to the applicable provisions of this Declaration of Trust, in an aggregate amount equal to the Class B Preferred Capital Amount, taking into account all distributions of cash by the Trust to the holders of Class B Preferred Shares prior to and as of such date.

• The amount of NACC Loan Interest to be paid for each quarter shall be paid only out of Distributable Cash and shall be calculated for such quarter as a percentage of the weighted average NACC Loan Principal outstanding during such quarter, which percentage shall be the equivalent of a fraction, the numerator of which is the amount of Preferred Return paid to XXX for such quarter and the denominator of which is the weighted average of PAT's Preferred Capital Amount outstanding during such quarter.

• Notwithstanding the preceding sentence of this Section 4(a) and the first sentence of Section 4(b), at its sole option upon any such conversion, the Company may establish for the Holder a Preferred Partner's Unrecovered Preferred Capital Amount equal to the outstanding principal balance of this Debenture together with unpaid and accrued interest in lieu of paying interest thereon.

• The Preferred Return required in Paragraph 6 of the Initial Agreement, shall be computed upon the Farm Acquisition Costs ($1,300,000) and up to an additional Five Hundred Thousand dollars ($500,000) deposited into the Development Account which amount is agreed by the parties to be in the amount of $1,800,000 and is the total subject to the preferred return.(hereinafter referred to as the "Preferred Capital Amount").

• Exhibit A presents the financial status of the Project and includes: 1) the accumulated Project Costs; 2) the accumulated Project Revenue; 3) the Excess Funds; 4) the accrued interest on the Excess Funds; 5) the Preferred Capital Amount; and 6) the accumulated Preferred Return on the Preferred Capital Amount.

• Subject to the priorities and restrictions set forth in Section 4.6, upon the occurrence of a Liquidation Event, the holders of the Preferred Interests shall be entitled to be paid an amount equal to the sum of (i) $1.00 per Preferred Interest (the "Preferred Capital Amount"), and (ii) the Preferred Dividend Amount accrued through the date of such Liquidation Event.

More Definitions of Preferred Capital Amount

Preferred Capital Amount means the Capital Contribution made by each holder of a Preferred Membership Interest.

Preferred Capital Amount means, for any Preferred Membership Interest, $1,000.00. “Preferred Holders” means the holders of the Preferred Membership Interests. “Preferred Membership Interest” means a Membership Interest having the rights and obligations specified with respect to Preferred Membership Interests in this Agreement.

Preferred Capital Amount means with respect to Members, the Initial Capital Contribution of a Member, plus any Additional Contributions made by a Member, less all distributions made to the Member as a return of Capital Contribution as described in Section 4.4(c). --------------

Preferred Capital Amount means, for any Preferred Interest, the amount paid for such Preferred Interest.

Preferred Capital Amount means, for any Preferred Membership Interest, $1,000.00.

Preferred Capital Amount means, with respect to each Member, the Capital Contributions of the Member less all distributions made to the Member pursuant to Section 3.7(c) and Sections 3.8(d), (f) and (g), plus any Additional Capital Contributions made by the Member.