Preferred Redemption definition

Preferred Redemption means the Preferred Payment and the Participation Redemption.

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Preferred Redemption has the meaning assigned to such term in the Merger Agreement.

Preferred Redemption means the redemption of preferred Units by OpCo in exchange for a promissory note prior to the Reorganization.

Examples of Preferred Redemption in a sentence

• From and after the date hereof, AIG shall use its commercially reasonable efforts to effect a Monetization Transaction with respect to ▇▇▇ ▇▇▇▇, unless the AIA/ALICO Preferred Redemption has occurred with respect to both SPVs.

• 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.

• Any such redemption shall occur on a date set by the General Partner (the “Series A Preferred Redemption Date”).

• If the Star-Edison Purchase Agreement is terminated at any time, then from and after the date of such termination, AIG shall use its commercially reasonable efforts to effect a Monetization Transaction with respect to each of Star and Edison, unless the AIA/ALICO Preferred Redemption has occurred with respect to both SPVs.

• Effective upon the Senior Preferred Redemption, the Senior Preferred Units shall have no rights as a Member, economic or otherwise, under this Agreement including, without limitation, any right to distributions under Sections 5.02, 5.03 and 9.03(c) or otherwise.

More Definitions of Preferred Redemption

Preferred Redemption has the meaning set forth in the Recitals.

Preferred Redemption has the meaning set forth in Section 2.1(a)(iii)(A) of this Agreement.

Preferred Redemption means the right of the Company to require a redemption pursuant to Section 7.1 of the Certificate of Designation of the Company, dated December 23, 2014 (the “Certificate of Designation”).

Preferred Redemption means the redemption by the Ultimate Parent of the Existing Parent Preferred Equity, which redemption will be effected on the date of the Mergers and the Initial Public Offering by the Ultimate Parent distributing to the holders of the Existing Parent Preferred Equity (a) all or a portion of the promissory notes of Nexstar Finance Holdings II held by the Ultimate Parent (the "Holdings II Notes"), and (b) cash in an amount equal to the Cash Redemption Payment.

Preferred Redemption shall have the meaning set forth in Section 2.04(a).

Preferred Redemption means the redemption of preferred Units by OpCo in exchange for a promissory note prior to the Reorganization. “Pre-Exchange Transfer” means any transfer (including upon the death of a Unit Holder) or distribution in respect of one or more Units (i) that

Preferred Redemption has the meaning set forth in Section 6.17.