Preferred Series A Subclass 1 Unit Accounts definition

Preferred Series A Subclass 1 Unit Accounts has the meaning set forth in Section 7.01(a).
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Examples of Preferred Series A Subclass 1 Unit Accounts in a sentence

  • Pursuant to the amendments, GWGH converted its capital account balance of approximately $319 million in Preferred Series A Subclass 1 Unit Accounts in BCH to an equal amount of Preferred Series B Subclass 2 Unit Accounts issued by Ben LP, which are a preferential class of equity in Ben LP with enhanced conversion rights.

  • Notwithstanding anything else in this Agreement to the contrary and without the written consent of any Partner or other Person, the Partnership shall mandatorily redeem the (i) Preferred Series A Subclass 1 Unit Accounts on December 31, 2030, and (ii) Preferred Series B Unit Accounts, Preferred Series A Subclass 3 Unit Accounts, and Preferred Series A Subclass 2 Unit Accounts on December 31, 2033.

  • Because resecuritized securitizations (CDOs) were a major source of loss during the crisis, the regulatory authorities attempted to patch the regulatory framework by increasing the risk weights for resecuritized debt in July 2008.4 The Basel Committee raised the capital charge on BB-rated tranches of rescuritizations from 350% to 650% and on the AAA-rated tranches of resecuritizations from 20% to 40%.

Related to Preferred Series A Subclass 1 Unit Accounts

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Preferred Units means the Series A Preferred Units and the Series B Preferred Units.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of such Preferred Stock.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series A Liquidation Preference means $25.00 per Series A Preferred Mirror Unit. The Series A Liquidation Preference shall be the “Liquidation Preference” with respect to the Series A Preferred Mirror Units.