QCR Redemption Amount definition
QCR Redemption Amount means, with respect to each Qualified Capital Raise, twenty-seven and nineteen hundreths percent (27.19%) of the gross amount of proceeds received by the issuer from such Qualified Capital Raise after the earlier to occur of (a) the date of the repayment in full of the Barcelo Note, and (b) the date the gross amount of proceeds received by the issuer with respect to Qualified Capital Raises exceeds $100,000,000; provided, however, that in no event shall the aggregate QCR Redemption Amounts payable to the Class A Member exceed $271,880,000 during any twelve-month period.
QCR Redemption Amount means, with respect to each Qualified Capital Raise, (a) other than for Qualified Capital Raises in respect of which a Section 8.2(d) Notice has been delivered, seven and eighty-one hundredths percent (7.81%) of the gross amount of proceeds received by the issuer from such Qualified Capital Raise and (b) for any Qualified Capital Raise in respect of which a Section 8.2(d) Notice has been delivered, eight and ninety-three hundredths percent (8.93%) of the gross amount of proceeds received by the issuer from such Qualified Capital Raise; provided, however, that in no event shall the aggregate QCR Redemption Amounts payable to the Class A Member exceed $78,120,000 during any twelve-month period.”
QCR Redemption Amount is hereby deleted in its entirety and replaced with the following:
More Definitions of QCR Redemption Amount
QCR Redemption Amount shall have the meaning ascribed to that term in the Pool II Holdco Operating Agreement.
QCR Redemption Amount means, with respect to each Qualified Capital Raise, twenty-seven and nineteen hundredths percent (27.19%) of the gross amount of proceeds received by the issuer from such Qualified Capital Raise; provided, however, that in no event shall the aggregate QCR Redemption Amounts payable to the Class A Member exceed $271, 880, 000 during any twelve-month period.