Preferred Return Period definition

Preferred Return Period means, with respect to a Class P Unit, the period from the date of issuance of such Class P Unit to the first Distribution Payment Date following the date of issuance of such Class P Unit and each quarterly period thereafter ending on a Distribution Payment Date.
Preferred Return Period means the period commencing on the sixth (6th) day of each calendar month and ending on the fifth (5th) day of the following calendar month; provided, however, that the first Preferred Return Period shall commence on the Effective Date and end on the fifth (5th) day of the calendar month following the month in which such first Preferred Return Period commenced.
Preferred Return Period means, in respect of a Unit, the period commencing on the Date of Issue of such Unit and ending on the earlier of:

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.


More Definitions of Preferred Return Period

Preferred Return Period shall have the meaning set forth in the Shareholders Agreement.
Preferred Return Period means, with respect to each Member, the period that begins on the date when the Member first makes an Additional Capital Contribution to the Company and ends on the date when the Member’s Unreturned Additional Capital is reduced to zero (0). If the Preferred Return is calculated for any partial year, such amount shall be prorated.
Preferred Return Period means, with respect to each Preferred Interest, the period beginning on the first date following the end of the prior Preferred Return Period and ending on the next to occur of the first day of January, April, July and October; provided, however, that: (i) the first Preferred Return Period shall commence on the date such Preferred Interest is issued; and (ii) the final Preferred Return Period shall end on the Maturity Date.
Preferred Return Period shall have the meaning set forth in Section 9.2.
Preferred Return Period means (i) the period commencing on May 24, 2002 and ending on the day prior to the first Scheduled Reset Date; provided that, the initial Preferred Return Period with respect to the Class A Limited Membership Interests shall end on the Class A Reset Date and (ii) each subsequent five (5) year period commencing on the day after the last day of the prior Preferred Return Period and ending on the day prior to the next Scheduled Reset Date.
Preferred Return Period means, in respect of a Unit, the period commencing on the Date of Issue of that Unit and ending on the earlier of (i) the fifth anniversary of the Date of Issue of that Unit; and (ii) the date on which all Payments in respect of that Unit total, in the aggregate, the Preferred Return for that Unit.