Examples of Series B Preferred Capital in a sentence
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 or Series B Preferred Capital Contributions by the Partners to the Partnership.
If the parentscannot agree on it their recourse is to seek a decision by a court.
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.
As of the date of such transfer, the transferee shall succeed to the Capital Account, Common Capital Contribution, Series A Preferred Capital Contribution, Series B Preferred Capital Contribution and Series C Preferred Capital Contribution of the transferor Partner, to the extent that the transferor's Capital Account, Common Capital Contribution, Series A Preferred Capital Contribution, Series B Preferred Capital Contribution and Series C Preferred Capital Contribution relate to the transferred interest.
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.
Resolution to amend a previously approved July resolution to correct a typographical error and incorrect account numbers.
The redemption price of such Series B Preferred Capital shall be equal to 100% of the face amount being purchased plus such additional amount, if any, as would provide GMAC-CM with a 15.75% per annum internal rate of return, compounded monthly, on the amount purchased, after giving recognition to the amount and timing of Series B Preferred Distributions (other than Series B Preferred Distributions on any Special Series B Preferred Capital).
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).
If any of the Series B Preferred Capital held by GMAC-CM on the Option Closing Date has been obtained by the operation of Section 19(g) or (h) (the "Special Series B Preferred Capital"), FUR Subsidiary shall purchase all Series B Preferred Capital before any Special Series B Preferred Capital is purchased by FUR Subsidiary under this Section 19(b).
The Attendant performing duties as a provider of Community Paramedicine Services in Clark County shall be endorsed by the District, as outlined in the “District Procedure for Community Paramedicine Training and Endorsement.”IV.