Preferred Redemption Value definition

Preferred Redemption Value means an amount per share equal to $1,000 plus all accrued but unpaid dividends thereon through the Redemption Date (as defined in Preferred Stock Certificate of Designation).
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Preferred Redemption Value means an amount equal to (x) the Preferred Amount, plus (y) any accrued and unpaid Preferred Return.
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Preferred Redemption Value means, as of any time, the aggregate dollar amount that would be necessary to be distributed to the Preferred Unitholders so that (i) the accreted value (determined as of such time by using a rate of return of 10.75%, compounded annually from the date on which the related distribution was made) of all distributions made by the Company with respect to the Preferred Units under Sections 5.2(a)(i), 5.3, 5.4, and 9.2 as of such time, equals -10-
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Examples of Preferred Redemption Value in a sentence

  • On or before June 30, 2013, the Company shall distribute cash to the Senior Preferred Unitholders in an amount equal to the Senior Preferred Redemption Value.

  • On the Preferred Redemption Date, the Partnership shall distribute to ATC, in complete redemption of the Preferred Component of its Partnership Interest, an amount equal to the Preferred Redemption Value.

  • Upon a Change of Control, each holder of Senior Preferred Units shall have the right to cause the Company to redeem all (but not less than all) of such holder's Senior Preferred Units for cash in the amount of the Senior Preferred Redemption Value of such Units.

  • Notwithstanding, anything to the contrary herein, at or prior to any Initial Public Offering the Company, at the election of the Raytheon Member, shall redeem all of the Preferred Units in cash by wire transfer of immediately available funds at a redemption price equal to the Preferred Redemption Value for such Units.

  • Failure of either party to insist, in one or more instances, on performance by the other in strictaccordance with the terms and conditions of this Agreement shall not be deemed a waiver or relinquishment of any right granted in this Agreement or of the future performance of any such term or condition or of any other term or condition of this Agreement, unless such waiver is contained in a writing signed by the party making the waiver.

  • Subject to Sections 5.3 and 5.4, on or before June 30, 2013, the Company shall distribute cash to the Junior Preferred Unitholders in an amount equal to the Junior Preferred Redemption Value; provided that, without Majority Approval of the Senior Preferred Unitholders, no distributions shall be made pursuant to this Section 5.5 until all Senior Preferred Units have been completely redeemed.

  • Notwithstanding anything to the contrary herein, in any Transfer to which this Section applies the Company shall, or shall cause the prospective transferee to redeem all of the Preferred Units in cash by wire transfer of immediately available funds at a redemption price equal to the Preferred Redemption Value for such Units, such redemption to occur at or before the time the RAH Member receives proceeds from the sale of Units.

  • Subject to Sections 5.3 and 5.4, on or before June 30, 2013, the Company shall distribute cash to the Junior Preferred Unitholders in an amount equal to the Junior Preferred Redemption Value; PROVIDED that, without Majority Approval of the Senior Preferred Unitholders, no distributions shall be made pursuant to this Section 5.5 until all Senior Preferred Units have been completely redeemed.

  • This way greatly reduces the idle rate, effectively improving the channel utilization.At present, the research method of MAC layer communication protocol is relatively simple [3, 4], and the theoretical equation of the protocols are simulated by mathematical simulation tool (Matlab).

  • The Company shall redeem on the Optional Redemption Date each Preferred Unit being redeemed in cash by wire transfer of immediately available funds at a redemption price (the "REDEMPTION PRICE") equal to the Preferred Redemption Value for such Unit.


More Definitions of Preferred Redemption Value

Preferred Redemption Value shall be equal to $100 per CCG Preferred Share plus accrued and unpaid dividends through the Closing Date. For greater certainty, the conversion of each share of CCG Preferred Stock at the Effective Time shall be based upon the respective Preferred Redemption Value of such share of CCG Preferred Stock and the Preferred Exchange Ratio calculated based on such Preferred Redemption Value.
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Related to Preferred Redemption Value

  • Redemption Value means, in respect of a Unit, the price per Unit at which such Unit is redeemed, calculated in accordance with the Trust Deed.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Make-Whole Redemption Amount means the sum of:

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Specified Redemption Date means the tenth Business Day after receipt by the General Partner of a Notice of Redemption; provided that, if the Shares are not Publicly Traded, the Specified Redemption Date means the thirtieth Business Day after receipt by the General Partner of a Notice of Redemption.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Series A Redemption Date has the meaning set forth in Section 16.6.