Preferred Equity Redemption Amount definition

Preferred Equity Redemption Amount means one hundred and twenty five (125%) percent of the allocated amount of the outstanding Preferred Equity Capital Contribution set forth opposite a Qualified Assumed Asset on Schedule 1 hereto; provided, that for the purposes of Section 3.8(e) hereof only, if LMLP is no longer the General Partner because of an Event of Default caused by an LMLP Partner or an LMLP Affiliated Party, then the Preferred Equity Redemption Amount shall mean one hundred percent (100%) of the allocated amount of the Outstanding Preferred Equity Capital Contribution set forth opposite a Qualified Assumed Asset on Schedule 1 hereto.
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Preferred Equity Redemption Amount means, as of the date in question, the sum of (a) any accrued but unpaid Default Interest on any Protective Advances, (b) any outstanding principal amount of any Protective Advances, (c) all accrued but unpaid Preferred Return, including all Preferred Accrued Returns, (d) the Preferred Investment Outstanding Balance, (e) the Exit Fee, if applicable and (f) all other amounts payable to or on account of PE Member that are allocable to the PE Member Interest pursuant to this Agreement; provided, however, that there shall be no duplication of the amounts set forth in clauses (a) through (f) above.
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Preferred Equity Redemption Amount means an amount payable in respect of a Preferred Member’s unreturned Invested Capital, or any portion thereof, such that, after taking into account all prior payments and distributions made in respect of such Preferred Member’s Invested Capital, or such portion thereof, such Preferred Member shall have received its full Invested Capital (or portion thereof) plus a Preference Return calculated at a rate equal to 11% per annum; provided, however, that if the Preferred Membership Interests are redeemed prior to the twelve (12) month anniversary of the Effective Date, the Preference Return shall be calculated as if such redemption occurred on the twelve (12) month anniversary of the Effective Date.
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Examples of Preferred Equity Redemption Amount in a sentence

  • Redemption in Full of the PE Member Interest and payment of the Preferred Equity Redemption Amount shall occur not later than the Mandatory Redemption Date.

  • The CapEx Reserve shall be maintained by PE Member until such time as the Mandatory Redemption Date at which time any unfunded amount in the Cap Ex Reserve shall be deemed fully funded and shall be credited against the Preferred Equity Redemption Amount on the Mandatory Redemption Date Upon Completion of the Construction Work, any remaining funds in the CapEx Reserve Account shall be transferred to the Interest Reserve Account.


More Definitions of Preferred Equity Redemption Amount

Preferred Equity Redemption Amount means, as of any date of determination, an amount equal to the sum of (i) the Net Preferred Equity Investment as of such date, plus (ii) any accrued and unpaid Preferred Equity Total Return as of such date, plus (iii) any outstanding Protective Contributions (including any accrued and unpaid return thereon) as of such date, plus (iv) the Exit Amount.
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Related to Preferred Equity Redemption Amount

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Early Redemption Amount (k) means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Make-Whole Redemption Amount means the sum of:

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Early Redemption Amount (Tax) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.