Examples of Preferred Capital Contribution in a sentence
To the extent that the Subsidiary Guarantors' Aggregate Return as of the date such notice is received is greater than or equal to the amount stated in such notice, the Guarantors shall disburse the Unpaid Guaranteed Loan Principal Balance or Unpaid Guaranteed Preferred Capital Contribution, as applicable, to ARLP, ANMB II or ANMB, as applicable, within 10 business days of receipt of such notice.
The liability of a Holder to contribute to the debts or obligations of the Issuer (if any) shall (subject to the Act) not exceed the amount of that Xxxxxx’s Preferred Capital Contribution.
The Option Premium shall be an amount determined by crediting the Preferred Capital Contribution with respect to such Portion with a return calculated in the same manner as simple interest at the rate of ten percent (10%) per annum calculated on the basis of a 365-day year.
As of the date of such transfer, the transferee shall succeed to the Capital Account, Common Capital Contribution, Preferred Capital Contribution, Series A Preferred Capital Contribution and Series B Preferred Capital Contribution of the transferor Partner, to the extent that the transferor's Capital Account, Common Capital Contribution, Preferred Capital Contribution, Series A Preferred Capital Contribution and Series B Preferred Capital Contribution relate to the transferred interest.
The purchase price with respect to any portion of such outstanding Preferred Interest (a "Portion") shall be the sum of (i) an amount equal to CTTV's Preferred Capital Contribution with respect to the Portion, plus (ii) the "Option Premium" (as hereinafter defined), less (iii) an amount equal to the sum of any Preferred Return previously paid with respect to such Portion.