Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.
Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person's property and assets, whether by dividend or upon liquidation.
Preferred Interests as applied to the Capital Interests in any Person, means Capital Interests in such Person of any class or classes (however designated) that rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to shares of Common Interests in such Person.
Examples of Preferred Interests in a sentence
Without limiting the foregoing, the Collateral Manager hereby acknowledges and agrees that its claims in respect of any accrued and unpaid Incentive Management Fee shall, both before and after the commencement of the winding-up of the Issuer, be subordinated to the claims of the Holders of the Preferred Interests to the payment of any distribution on the Preferred Interests in the manner and to the extent provided in the Priority of Payments.
More Definitions of Preferred Interests
Preferred Interests means, with respect to any Person, Capital Stock issued by such Person that are entitled to a preference or priority over any other Capital Stock issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.
Preferred Interests means the Company's Series A Preferred Interests, as adjusted for any unit split, unit dividend or other combination, exchange, conversion, recapitalization, merger, consolidation or reorganization, or if the Series A Preferred Interests are hereafter changed into or exchanged for different interests or securities of the Company, such other interests or securities, and any other preferred interests of the Company hereinafter issued,
Preferred Interests means the preferred limited liability company membership interests of the Company or preferred stock of the Company, if the Company is restructured as a corporation.
Preferred Interests means preferred equity interests in a utility affiliate that pay the preferred dividends to the trust that purchased the preferred equity interests.
Preferred Interests means any and all series of preferred membership interest of the Issuer, including the Designated Preferred.
Preferred Interests means the Senior Preferred Interest and the Junior Preferred Interest.
Preferred Interests means the Class A Preferred Interests and the Class B Preferred Interests, collectively.