Series A Preference Unit Conversion Date definition

Series A Preference Unit Conversion Date means the first date that is at the end of a calendar quarter on or after March 31, 1998 upon which (i) there shall be no Series A Preference Unit Cumulative Deficiency, (ii) the Partnership shall have distributed Available Cash constituting Cash from Operations of not less than $2.40 per Unit (adjusted, since the Closing Date, for any distributions of Available Cash from Interim Capital Transactions and in accordance with Sections 5.9 and 9.6), excluding amounts paid to holders of Series A Preference Units in respect of Series A Preference Unit Deficiencies, in respect of the Series A Preference Units during each of the three immediately preceding consecutive non-overlapping twelve-month periods, and (iii) the sum of all amounts distributed in respect of Series A Common Units during each of the same three consecutive non-overlapping twelve-month periods is not less than
Sample 1Sample 2Sample 3
Series A Preference Unit Conversion Date means the first date that is at the end of a calendar quarter on or after March 31, 1998 upon which (i) there shall be no Series A Preference Unit Cumulative Deficiency, (ii) the Partnership shall have distributed Available Cash constituting Cash from Operations of not less than $2.40 per Unit (adjusted, since the Closing Date, for any distributions of Available Cash from Interim Capital Transactions and in accordance with Sections 5.9 and 9.6), excluding amounts paid to holders of Series A Preference Units in respect of Series A Preference Unit Deficiencies, in respect of the Series A Preference Units during each of the three immediately preceding consecutive non-overlapping twelve-month periods, and (iii) the sum of all amounts distributed in respect of Series A Common Units during each of the same three consecutive non-overlapping twelve-month periods is not less than $2.40 (adjusted for any distributions of Available Cash from Interim Capital Transactions and in accordance with Sections 5.9 and 9.6) per Series A Common Unit.
Sample 1Sample 2
Series A Preference Unit Conversion Date means the first date that is
Sample 1

Examples of Series A Preference Unit Conversion Date in a sentence

  • On or before the Series A Preference Unit Conversion Date, or the first or second anniversary thereof, if applicable, the General Partner shall file an application to list the Common Units to be issued upon such conversion on the New York Stock Exchange ("NYSE") and shall pursue such application in good faith.

Related to Series A Preference Unit Conversion Date

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

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series C Preferred Units shall have the meaning provided in Section 1.

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

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

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

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

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

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.