Series A Preferred Capital definition

Series A Preferred Capital means a Capital Account balance equal to the product of (i) the number of Series A Preferred Units then held by the General Partner multiplied by (ii) the sum of $25, any Preferred Distribution Shortfall per Series A Preferred Unit and any accrued and unpaid distribution per Series A Preferred Unit for the current distribution period.

Series A Preferred Capital means an amount, per Series A Preferred Unit, equal to the sum of (i) the Series A Preferred Stated Value and (ii) any Preferred Distribution Shortfall per Series A Preferred Unit.

Series A Preferred Capital means, with respect to each Series A Preferred Unit as of any particular date, an amount equal to the sum of (i) the Series A Preferred Stated Value, and (ii) the Series A Preferred Distribution Shortfall. Series A Preferred Distribution Date means the 15th day of each January, April, July and October of each year (or, if not a business day, the next succeeding business day).

Examples of Series A Preferred Capital in a sentence

• Effective January 1, 1997, the Partnership designates and authorizes the issuance of Series A 10% Payment-in-Kind Preferred Limited Partner Interests ("Series A Preferred Interests") previously entitled the "Series A Preferred Capital Interests".

• Any such additional Capital Contribution made by FUR Subsidiary shall constitute Series A Preferred Capital.

• Does your pain interfere with personal care (such as washing, dressing, etc.)?] ] ] ] ] ]Take care of my self completely Need help with personal careF3.

• As of the date of such transfer, the transferee shall succeed to the Capital Account, Common Capital Contribution, Preferred Capital Contribution, Series A Preferred Capital Contribution and Series B Preferred Capital Contribution of the transferor Partner, to the extent that the transferor's Capital Account, Common Capital Contribution, Preferred Capital Contribution, Series A Preferred Capital Contribution and Series B Preferred Capital Contribution relate to the transferred interest.

• If there is neither Senior Preferred Capital nor Series B Preferred Capital outstanding and FUR Subsidiary has not exercised its call option pursuant to either or both Section 19(c) and/or Section 19(d), then FUR Subsidiary may elect to convert all of its outstanding Series A Preferred Capital to Class B Common Capital within five (5) business days of the expiration of FUR Subsidiary's call options under said Sections 19(c) and 19(d).

• Except as agreed to by the Partners in accordance with Section 3.2 hereof, there shall be no further assessments for additional Common Capital Contributions, Series A Preferred Capital Contributions, Series B Preferred Capital Contributions or Series C Preferred Capital Contributions by the Partners to the Partnership.

• The Series A Preferred Redemption Amount payable with respect to each Series A Unit would be equal to the sum of the Series A Preferred Capital ($116.1639629083) plus the Value of a share of Stock ($0.10), or $116.2639629083.

• Any Senior Preferred Capital acquired by FUR Subsidiary hereunder shall be automatically converted without any action by the Company on the Option Closing Date into an equal amount of Series A Preferred Capital.

• Each Initial Purchaser hereby agrees, subject, however, to the terms and conditions of this Agreement (including Article III), to purchase from the Company, and the Company hereby agrees to sell to each such Initial Purchaser, at the Closing the number of shares of Series A Preferred Capital Stock (collectively, the "Preferred Stock") set forth opposite such Initial Purchaser’s name on Schedule I for the aggregate purchase price also set forth opposite such Initial Purchaser’s name on such Schedule I.

• Any Series B Preferred Capital acquired by FUR Subsidiary hereunder shall be automatically converted without any action by the Company on the Option Closing Date into an equal amount of Series A Preferred Capital.

More Definitions of Series A Preferred Capital

Series A Preferred Capital means a Capital Account balance equal to the product of (i) the number of Series A Preferred Units then held by the General Partner multiplied by (ii) the sum of $25, any Preferred Distribution Shortfall per Series A Preferred Unit and any accrued and unpaid distribution per Series A Preferred Unit for the current Distribution Period.

Series A Preferred Capital means, with respect to each Series A Preferred Unit as of any particular date, an amount equal to the sum of (i) the Series A Preferred Stated Value and (ii) the Series A Preferred Distribution Shortfall for such Series A Preferred Unit as of such date.

Series A Preferred Capital shall have the meaning given thereto in the LLC #1 Agreement.

Series A Preferred Capital means $2,745,000.00.

Series A Preferred Capital means $26,500,000 contributed by FUR Subsidiary, as such amount may be increased or reduced from time to time in accordance with Sections 9 and 19.