Preferred Preference definition
Examples of Preferred Preference in a sentence
After the prior payment in full of the Preferred Preference Amount in connection with a Liquidation Event, the remaining assets and funds of the Company available for distribution to its members, if any, shall be distributed among the Common Members in accordance with their Percentage Interest.
If the amounts available for distribution by the Company to Preferred Members upon a Liquidation Event are not sufficient to pay the aggregate Preferred Preference Amount due to such Preferred Members, such Preferred Members shall share ratably in any distribution in connection with such Liquidation Event in proportion to the full respective preferential amounts to which they are entitled.
The price for each share of Redeemable Preferred (the “Redeemable Preferred Redemption Price”) shall be an amount equal to the Redeemable Preferred Preference Amount.
Once the Preferred Preference Satisfaction has been paid in full, then the Participating Holders will be entitled to receive their Pro-Rata Shares of any Remaining Post-Merger Consideration.
Of those who do not belong to the hospital pension plan, 37% (98 nurses) would prefer to belong.Table 20a: Benefits Preferred Preference Table 20b: Benefits Received Type of BenefitsReceive from a Family Member (N=613)Receive from Another Employer (N=55)*Percentages do not add to 100 because respondents had the option of checking all items that applied.