Preferred Liquidation Preference definition

Preferred Liquidation Preference has the meaning ascribed to it in Section 4(b) of this Article X.

Preferred Liquidation Preference means $1,000 per Preferred Unit.

Preferred Liquidation Preference means, an amount equal to (a) the Investment Amount, plus (b) the Preferred Return.

Examples of Preferred Liquidation Preference in a sentence

• Each Series A Preferred Unit shall be identical in all respects to every other Series A Preferred Unit, except as to the respective dates from which the Series A Preferred Liquidation Preference shall increase or from which Series A Preferred Distributions may begin accruing, to the extent such dates may differ.

• Each Series B Preferred Unit shall be identical in all respects to every other Series B Preferred Unit, except as to the respective dates from which the Series B Preferred Liquidation Preference shall increase or from which Series B Preferred Distributions may begin accruing, to the extent such dates may differ.

• Income of the Partnership attributable to the issuance by the Partnership of a Series A Preferred Unit for an amount in excess of the Series A Preferred Liquidation Preference for such Unit shall be allocated to the Partners (other than Series A Preferred Unitholders and Series B Preferred Unitholders) in accordance with their respective Percentage Interests.

• This maximum has been incorporated into the national Uniform Plumbing Code and the International Plumbing Code.

• Each Series C Preferred Unit shall be identical in all respects to every other Series C Preferred Unit, except as to the respective dates from which the Series C Preferred Liquidation Preference shall increase or from which Series C Preferred Distributions may begin accruing, to the extent such dates may differ.

More Definitions of Preferred Liquidation Preference

Preferred Liquidation Preference means, as of any date of determination with respect to any Preferred Unit, an amount equal to $1,000 plus any amounts added to such Preferred Unit as a result of a “Partial Accrual Election” made in accordance with, and as defined in, Section 4.8(b)(ii) of the Holdings LLC Agreement.

Preferred Liquidation Preference shall have the meaning ascribed to such term in Section 3.3(b).

Preferred Liquidation Preference means an amount set forth on the Allocation Schedule and calculated in accordance with the Amended and Restated Certificate of Incorporation of the Company.

Preferred Liquidation Preference means, with respect to each Series A Preferred Unit, the sum of the Capital Contribution paid to the Partnership upon issuance of such Series A Preferred Unit and the cumulative accrued Preferred Return with respect to such Series A Preferred Unit, which at any point in time shall be reduced by the aggregate distributions previously made by the Partnership with respect to such Series A Preferred Unit.

Preferred Liquidation Preference the aggregate Liquidation Amount as of immediately prior to the Effective Time for all shares of Preferred Stock.

Preferred Liquidation Preference. With respect to the Preferred interest, at the date of issuance, (a) $25,000,000 in the aggregate (the "INITIAL LIQUIDATION PREFERENCE") and, (b) at any date of determination thereafter (i) the Initial Liquidation Preference, minus (ii) all payments of the Yearly Preferred Liquidation Payment and any payments pursuant to Section 5.7.3 in respect of such Preferred Interest prior to such determination date.

Preferred Liquidation Preference has the meaning set forth in Section 12.03(c).