Preferred Return Period definition
Examples of Preferred Return Period in a sentence
The Preferred Return on a Class P Unit for any Preferred Return Period shall accrue and be payable in kind by adding to the then-existing Class P Unit Liquidation Preference of such Class P Unit an amount equal to the amount of such Preferred Return (but only to the extent such Preferred Return in respect of such Class P Unit has not previously been paid, including pursuant to an RP Election or Section 4.03(b), Section 4.03(c), Section 4.03(d) or Section 10.02 of the LLC Agreement).
The Preferred Return Period (as defined in the Partnership Agreement) has expired.
From and after the date hereof, to and including the earlier to occur of: (i) the Rights Termination Date; and (ii) the last day of the 9.0% Preferred Return Period (as defined in Amendment No. 9), the Class A Interest Holders shall have the right to purchase securities on the same terms as those sold by the General Partner or the Partnership in Private Offerings.
After the Preferred Return Period and during the Term of this Agreement, as long as Supplier is the preferred supplier for all Competing Products that Lone Star purchases in the PRC, the price of the Tubular Products shall be at least the most favorable market price that the Supplier provides to its customers outside the PRC.
After the Preferred Return Period, the Margin shall be split in accordance with each Shareholder’s Contributed Capital in the Company.
From and after the date hereof to and including the earlier to occur of: (i) the Rights Termination Date; or (ii) the last day of the 9.0% Preferred Return Period, the Class A Interest Holders shall have the right to purchase securities in Public Offerings on the terms described below.