Preferred Redemption Price definition

Preferred Redemption Price shall have the meaning set forth in Section 4.3(c) hereof.
Preferred Redemption Price means, with respect to any series of Preferred Securities, the aggregate Principal Amount of all Preferred Securities of such series plus accumulated and unpaid distributions (whether or not declared) with respect to such series to but excluding the date of redemption.
Preferred Redemption Price means, with respect to each Preferred Unit, the Unreturned Capital of such Preferred Unit.

Examples of Preferred Redemption Price in a sentence

  • So long as the Series A Preferred Units to be redeemed are held of record by the nominee of the Depositary, the Series A Preferred Redemption Price shall be paid by the Paying Agent to the Depositary on the Series A Preferred Redemption Date.

  • At any time thereafter when additional funds of the Corporation are legally available for the redemption of shares of Preferred Stock, such funds will immediately be used to redeem the balance of the shares which the Corporation has become obligated to redeem on the Redemption Date but which it has not redeemed at the Series F Redemption Price or the applicable Junior Preferred Redemption Price, as applicable, together with any accrued interest thereon as provided below.

  • On such Redemption Date, each holder of shares of Preferred Stock shall surrender the certificate evidencing such shares to the Corporation and shall thereupon be entitled to receive payment of, as applicable, the Series F Redemption Price or the applicable Junior Preferred Redemption Price.

  • In such event, the Corporation shall, to the extent not prohibited by applicable law, redeem such shares of Redeemable Preferred for an amount in cash per share equal to the Redeemable Preferred Redemption Price.

  • The Convertible Preferred Redemption Price shall be payable in cash in immediately available funds on the Convertible Preferred Redemption Date except to the extent contemplated by the proviso to Section A.5(a)(ii) and subject to Section A.5(e).


More Definitions of Preferred Redemption Price

Preferred Redemption Price has the meaning specified in Exhibit C.
Preferred Redemption Price of a Preferred Share at any time shall mean $[—]1, plus all dividends declared on the Preferred Shares prior to such time which remain unpaid.
Preferred Redemption Price means an amount equal to the balance, if any, of the positive Capital Account balances of the Xxxxxxx Limited Partners, after giving effect to all contributions, distributions and allocations for all periods, including the effects of a Book-up of Capital Accounts, but no less than the Capital Accounts shown for Xxxxxxx Preferred Units (other than the Xxxxxxx Preferred Units purchased by the Partnership or the Required Holders pursuant to Section 15.3) as of the Effective Time on Exhibit A.
Preferred Redemption Price has the meaning specified in the Partnership Agreement.
Preferred Redemption Price means the redemption price per Preferred Share equal to (i) the Initial Purchase Price for a Preferred Share minus (ii) the product of (x) 1/12th of $1.00 divided by the Conversion Ratio and (y) the number of distributions such Series has made on Preferred Shares sold during its Initial Offering Period prior to the redemption; provided, however, that if the redemption price is negative pursuant to the above formula, then the redemption price shall be $0.
Preferred Redemption Price means, as of any relevant time of determination with respect to each Class B Preferred Unit, an amount equal to the greater of (a) the Liquidation Preference of such Class B Preferred Unit and (b) the applicable Base Preferred Return Amount of such Class B Preferred Unit.
Preferred Redemption Price. Xxxxxxx Preferred Units," and "Liquidation Completion Deadline" shall have the meanings accorded to such terms in the Partnership Agreement.