Examples of Series A Percentage in a sentence
In the event that, upon any such voluntary or involuntary liquidation, dissolution or winding up of the Partnership, the legally available assets of the Partnership are insufficient to pay the full amount of the Series A Preference on all outstanding Series A Preferred Units plus any accrued and unpaid Series A Priority Return, then such assets shall be allocated among the Series A Limited Partners in proportion to the Series A Percentage Interests.
The pro rata share of a Series A Member shall be based on the Series A Percentage Interest of such Series A Member.
If the Series A Members, as a group, have elected to purchase some but not all of the Series A Units within said fifteen (15) day period, those Series A Members who have elected to purchase a portion of the Series A Units shall have an additional fifteen (15) day period to elect to purchase the balance of the Series A Units, which right to purchase shall be allocated among them in proportion to their Series A Percentage Interests.
Any Special Conversion Shares not so subscribed for (in respect of Special Offeree Basic Percentages and Special Offeree Oversubscription Percentages) within the Conversion Rights Offering Period shall be released to each holder of Series A Preferred Stock on a pro rata basis (based on the of Series A Percentage).
Any such adjustment shall be made promptly upon determination of the discrepancy with the Series A Percentage, whether such determination is made before or after the Initial Closing or the Subsequent Closing.