Series C Preferred Return shall have the meaning provided in Section 5(a).
Series C Preferred Return shall have the meaning provided in Section 15.04(a).
Series C Preferred Return means, at any time of determination, an amount per Series C Unit equal to (a) the Series C Preferred Return Rate per annum, compounded daily, of the Series C Preference of such Series C Unit, less (b) the aggregate amount of any prior distributions pursuant to
Examples of Series C Preferred Return in a sentence
Describe the procedures used to start up and commission refrigeration and air conditioning systems.
More Definitions of Series C Preferred Return
Series C Preferred Return means, for each Series C Preferred Unit, a cumulative, non-compounded rate per annum equal to 5.81% of the Series C Liquidation Preference; provided, that the amount payable for any Series C Distribution Period shall be computed by dividing the Series C Preferred Return by twelve, and the amount of distributions payable for any period shorter or longer than a full Series C Distribution Period shall be computed on the basis of twelve 30-day months and a 360-day year. “Series C Preferred Stock” means the Series C Convertible Preferred Stock, par value $.01 per share, of the General Partner. “Series C Preferred Unit” means a Partnership Unit which is designated by the General Partner as a Series C Preferred Unit of the Partnership. “Series C Redemption Date” has the meaning set forth in Section 14.05. “Series C Redemption Premium” equals twenty percent (20%) of the Series C Liquidation Preference. “Series C Senior Units” means any class or series of Partnership Units hereafter issued and outstanding, if the holders of such class or series shall be entitled to the receipt of
Series C Preferred Return means a return calculated to provide a cumulative, semi- annually compounded return in an amount equal to ten percent (10%) per annum determined on the basis of a year of 365 or 366 days, as the case may be, for the actual number of days occurring in the period for which the Series C Preferred Return is being determined, of the average daily balance of the sum of (a) the Series C Unreturned Preferred Limited Partner Balance outstanding, if any, from time to time during the period to which the Preferred Return relates, plus (b) the Unallocated Series C Preferred Return outstanding, if any, from time to time during the period to which the Preferred Return relates (excluding from such calculation, however, the Preferred Return for the period for which such calculation is being made), commencing on the date on which the applicable Series C Preferred Limited Partner Capital Contribution was made by the contributing Preferred Limited Partner. The Series C Preferred Return shall be calculated for each semi-annual period as of June 30 and December 31 and, to the extent not paid for any such period, the Series C Preferred Return shall cumulate on each June 30 and December 31 as provided herein and the amounts which so cumulate shall be added to the Series C Preferred Return as described above.
Series C Preferred Return shall have the meaning provided in Section 5(a) of this Amendment.
Series C Preferred Return means, on each Partnership Record Date following the date of this Agreement, an annualized amount equal to $2.00 per Series C Preferred Partnership Unit. The Series C Preferred Return shall be cumulative and shall be prorated for any partial calendar year.
Series C Preferred Return means, for each Series C Preferred Unit, a cumulative, non-compounded rate per annum equal to 5.81% of the Series C Liquidation Preference; provided, that the amount payable for any Series C Distribution Period shall be computed by dividing the Series C Preferred Return by twelve, and the amount of distributions payable for any period shorter or longer than a full Series C Distribution Period shall be computed on the basis of twelve 30-day months and a 360-day year.
Series C Preferred Return means an annualized amount equal to $2.00 per Series C Preferred Unit; provided, however, if following a Change of Control the Series C Preferred Stock is not listed on the New York Stock Exchange, Inc. (the "NYSE") or the American Stock Exchange ("Amex") or quoted on the Nasdaq Stock Market, Inc. ("Nasdaq"), Series C Preferred Return shall mean, from (but excluding) the first date on which both the Change of Control has occurred and the Series C Preferred Stock is not so listed or quoted, $2.25 per Series C Preferred Unit for as long as the Series C Preferred Stock is not so listed or quoted.
Series C Preferred Return means, collectively, the Series C1 Preferred Return, Series C2 Preferred Return and Series C3 Preferred Return.