Preferred Membership Interests definition

Preferred Membership Interests means the $750,000,000 aggregate liquidation preference amount of exchangeable preferred membership interests in Energy.

Preferred Membership Interests means the Junior Preferred Membership Interests or the Senior Preferred Membership Interests.

Preferred Membership Interests has the meaning set forth in the Existing Operating Agreement.

Examples of Preferred Membership Interests in a sentence

• Portfolio Investment Expenses: Expenses related to Portfolio Investments will be paid from capital contributions called from Preferred Membership Interests.

• Interest Amounts available to the Fund for distribution to the Members will be distributed in the following order and priorities: First, one-hundred percent (100%) to the Preferred Members in an amount equal to any declared and unpaid dividends on Preferred Membership Interests, which amounts shall be distributed pro rata among the Preferred Members in accordance with their respective entitlements to such dividends.

• No later than ten (10) Business Days after the execution of any such amendment or consent, the Servicer shall furnish a copy of such amendment or consent to each Rating Agency with respect to each Series of Investor Notes and each series of Preferred Membership Interests, the Issuer and the Indenture Trustee.

• The Company anticipates raising a maximum of $40 million of Series A Preferred Membership Interests (the “Series A Units”) and a maximum of $35 million of Series A Unsecured Bonds (the “A Bonds”) and Series Ra Unsecured Bonds (the “Ra Bonds,” collectively the “Bonds”) pursuant to an exemption from registration under Regulation A of the Securities Act of 1933, as amended.

• Following any such Class E Preferred Redemption Date and the payment of the Class E Preferred Redemption Value, the Class E Preferred Membership Interests shall represent the right only to receive the Class E Preferred Redemption Value thereof as of such Class E Preferred Redemption Date and shall not accrue any portion of the Class E Preferred Accrued Distribution Amount following such Class E Preferred Redemption Date.

More Definitions of Preferred Membership Interests

Preferred Membership Interests means the equity rights provided for in Section 6.2 of the Operating Agreement of Mediacom Southeast.

Preferred Membership Interests means Interests in the Company purchased by the Members bearing a Preferred Return. Such interests are prioritized as to distribution rights. Such interests also have voting rights. In exchange for such prioritization, Preferred Membership Interests’ return on their capital is limited.

Preferred Membership Interests means the preferred membership interests in Venture Delaware to be issued to the Pre-Petition Lenders pursuant to the Plan.

Preferred Membership Interests means the Preferred Membership Interests issued pursuant to the LLC Agreement.

Preferred Membership Interests has the meaning set forth in Section 1.1.

Preferred Membership Interests means the equity rights provided for in ------------------------------ Section 6.2 of the Operating Agreement.

Preferred Membership Interests means Membership Interests issued to investors in an Equity Financing.