Series A Preferred Stated Value definition

Series A Preferred Stated Value means, with respect to each Series A Preferred Unit, an amount equal to (i) the “Gross Preference Amountdivided by (ii) the aggregate number of Series A Preferred Units that have been issued by the Partnership as of the date of determination (regardless of whether such Series A Preferred Units are then outstanding). As used herein, “Gross Preference Amount” shall mean $99,295,885.47; provided that, the Gross Preference Amount shall be increased by $7,168,969.76 to the extent the Partnership has acquired the Hayward Property (as defined in the Contribution Agreement); provided further, that the Gross Preference Amount shall be increased by $8,535,144.77 to the extent the Partnership has acquired the San Leandro Property (as defined in the Contribution Agreement).
Series A Preferred Stated Value means, with respect to each Series A Preferred Unit, an amount equal to $200 as adjusted pursuant to Section 11 of this Designation of Rights.
Series A Preferred Stated Value means, with respect to a share of Series A Preferred Stock, the sum of (x) the Initial Series A Preferred Issue Price of such share of Series A Preferred Stock plus (y) any accrued and unpaid Series A Preferred Interest Amount thereon as of the end of the immediately preceding semi-annual Dividend Period.

Examples of Series A Preferred Stated Value in a sentence

  • In connection with such adjustment to the number of Series A Preferred Units, the Series A Preferred Stated Value per Series A Preferred Unit shall also be adjusted by multiplying the applicable Series A Preferred Stated Value immediately prior to such adjustment by the Adjustment Factor.

  • In the event that at any time fewer than all of the outstanding shares of Series A Preferred Stock are to be redeemed pursuant to Section 4.5(b)(i), the selection of the shares of Series A Preferred Stock to be redeemed shall be made pro rata in proportion to the Series A Preferred Stated Value of the shares of Series A Preferred Stock held by each Series A Preferred Stockholder.

  • The MEO Group was awarded 100% interest in WA-454-P in June 2011 and acquired the Floyd 3D seismic survey in early 2012.

  • The Knuppes hereby agree to irrevocably waive the portion of the Series A Preferred Priority Return in an amount equal to 2.75% per annum on the Series A Preferred Stated Value per Series A Preferred Unit in perpetuity while the Knuppes remain holders of Series A Preferred Units of the Partnership (the “Irrevocable Waiver”).

  • In the event the Company exercises its option pursuant to Section 4.08 of the Indenture to convert the Notes to Cash Pay Notes, the Holder will be entitled on conversion to receive the same number of shares of Common Stock such Holder would have received if the Company had not exercised such option.


More Definitions of Series A Preferred Stated Value

Series A Preferred Stated Value shall have the meaning ascribed to such term in the Company's Bye-laws.
Series A Preferred Stated Value means $10.00.
Series A Preferred Stated Value means [ ].

Related to Series A Preferred Stated Value