Preferred Unit Redemption Amount means, with respect to any Preferred Unit, the amount payable by the General Partner on account of the redemption of one share of Preferred Stock pursuant to Section 4.3.3 of the General Partner's Articles of Incorporation.
Preferred Unit Redemption Amount means, with respect to any Preferred Unit of any class, the sum of (a) the amount of any accumulated Preferred Distribution Shortfall with respect to such class of Preferred Unit, plus (b) the liquidation preference per Preferred Unit established for such class pursuant to Section 4.7; provided, however, that in the case of any Preferred Unit (or fraction thereof) redeemed as a result of a redemption of Preferred Shares pursuant to subparagraph NY\5888591.8 J(8) or (10) of Article II of the Articles of Incorporation of the Initial General Partner, the Redemption Amount shall be equal to the amount paid by the Initial General Partner on account of the redemption of the equivalent amount of such Preferred Shares (including fractions thereof) pursuant to such subparagraph J(8) or (10), as applicable.
Preferred Unit Redemption Amount means the Preferred Cash Amount.
Examples of Preferred Unit Redemption Amount in a sentence
All of the issued and outstanding Preferred Units automatically shall terminate and cease to be outstanding on payment of the Preferred Unit Redemption Amount to which each Preferred Unit is entitled under Section 3.3(a) and the Company shall cease to have authorized Preferred Units.
All of the issued and outstanding Preferred Units automatically shall terminate and cease to be outstanding on payment of the Preferred Unit Redemption Amount to which each Preferred Unit is entitled under Section 0 and the Company shall cease to have authorized Preferred Units.
If at any time Series B Shares are to be redeemed pursuant to the Series B Articles Supplementary or purchased by the General Partner, the Partnership shall redeem an equal number of Preferred Units by payment of the Series B Preferred Unit Redemption Amount therefor or purchase price paid by the General Partner immediately prior to or concurrently with such redemption or purchase.
More Definitions of Preferred Unit Redemption Amount
Preferred Unit Redemption Amount means, with respect to any Preferred Unit of any class, the sum of (a) the amount of any accumulated Preferred Distribution Shortfall with respect to such class of Preferred Unit, plus (b) the liquidation preference per Preferred Unit established for such class pursuant to Section 4.7; provided, however, that in the case of any Preferred Unit (or fraction thereof) redeemed as a result of a redemption of Preferred Shares pursuant to subparagraph J(8) or (10) of Article II of the Articles of Incorporation of TFOC Inc., the Redemption Amount shall be equal to the amount paid by TFOC Inc. on account of the redemption of the equivalent amount of such Preferred Shares (including fractions thereof) pursuant to such subparagraph J(8) or (10), as applicable.
Preferred Unit Redemption Amount has the meaning set forth in Section 3.3(a).
Preferred Unit Redemption Amount means (a) the aggregate amount payable for the redemption of the issued and outstanding Existing Company Preferred Units as of the Closing Date based on the redemption price as set forth in the Company LLC Agreement, including the amount of any change of control or redemption fees, premium (including, for the avoidance of doubt, the Applicable Premium) or other amounts payable in connection therewith, minus (b) the cash portion of the Blocker Merger Consideration paid in respect of Existing Company Preferred Units.”
Preferred Unit Redemption Amount means, for each series of Preferred Units, per Preferred Unit, the Preferred Unit Issue Price plus all accrued and unpaid distributions on each Preferred Unit, less the aggregate of all distributions paid on each series Preferred Unit, if any;
Preferred Unit Redemption Amount means, with respect to any Preferred Unit, the amount payable by the General Partner on account of the redemption of one Preferred Share pursuant to the applicable provisions of the Declaration of Trust.
Preferred Unit Redemption Amount has the meaning set forth in Section 0.
Preferred Unit Redemption Amount has the meaning set forth in the Business Combination Agreement. “Pro rata”, “pro rata portion”, “according to their interests”, “ratably”, “proportionately”, “proportional”, “in proportion to”, “based on the number of Units held”, “based upon the percentage of Units held”, “based upon the number of Units outstanding” and other terms with similar meanings, when used in the context of a number of Units of the Company relative to other Units, means as amongst an individual class of Units, pro rata based upon the number of such Units within such class of Units.