Preferred Contribution definition

Preferred Contribution means, with respect to each Member, such Member's respective Capital Contribution made to the Company on the date of this Agreement pursuant to Section 8.1(d).

Preferred Contribution is defined in Section 4.2(d).

Preferred Contribution means, with respect to any Member, the sum of (i) the Additional Capital Contributions made by that Member and referred to in Section 5.2(a) of this LLC Agreement, and (ii) the principal and accrued and unpaid interest amounts of any Capital Contribution Loan(s) made by that Member that have been converted into Preferred Interests as described in Section 5.2(c) of this LLC Agreement.

Examples of Preferred Contribution in a sentence

• Following the consummation of the Silver OP Preferred Contribution, the Reorganized Titanium Operating Company shall pay to Titanium the amount required by Section 1.01(a).

• On the Closing Date, Silver OP and the Reorganized Titanium Operating Company shall enter into a customary subscription agreement to effect the Silver OP Preferred Contribution.

• Notwithstanding the foregoing, for the purposes of this Agreement, the amount of such contribution shall be deemed to be an amount equal to the gross proceeds of such sale (the "Preferred Contribution").

• The name, number and Series, if applicable, of Shares held as of the Agreement Date, the Preferred Contribution Amount (if any), the Capital Account balance as of the Agreement Date and the business address of each Member are set forth on the Schedule of Members, which shall be maintained by the Company.

• The parties acknowledge that it shall not be a default hereunder if preferred returns on any Member Preferred Contribution are not paid at any time if funds are not available to pay the same pursuant to Section 5.1(b)(i) (it being understood that such preferred returns will continue to be due and owing and will be payable when cash is next available therefor pursuant to Section 5.1(b)(i)).

More Definitions of Preferred Contribution

Preferred Contribution means the Capital Contribution made by Glimcher pursuant to SECTION 5.2(a) to the extent the same has not been returned to Glimcher in accordance with this Agreement.

Preferred Contribution means the total amount contributed by a Preferred Interest Holder for his Preferred Interest.

Preferred Contribution means the aggregate cash, cash equivalents and the initial Gross Asset Value of Contributed Property that a Preferred Member contributes to the Company pursuant to this Agreement in respect of its Preferred Interest as set forth on Schedule 1 hereto. Unless expressly stated otherwise, any reference herein to Preferred Contribution shall mean Preferred Contribution to the Company by the applicable Preferred Member.

Preferred Contribution shall have the meaning set forth in Section 4.3.G.

Preferred Contribution means one million seven hundred nineteen thousand two hundred eighty nine and no/100 Dollars ($1,719,289.00).

Preferred Contribution shall have the meaning set forth in the Partnership Agreement.

Preferred Contribution has the meaning set forth in § 4.2 hereof.