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, 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
Examples of Series C Preferred Return in a sentence
To the extent that any Series C Preferred Return is not paid when due, the same shall accrue and compound on the same terms and conditions as dividends on the Series C Preferred Shares accrue and compound under the Articles Supplementary.
Except as provided in Sections 6 and 9, the Partnership shall not pay the Series C Allocated Preferred Return on Series C Preferred Interests in cash, but instead such Series C Allocated Preferred Return shall be paid by the issuance of additional Series C Preferred Interests in a stated amount equal to the Unpaid Series C Preferred Return.
Series C Preferred Interests may not be issued by the Partnership in excess of an original stated amount of $15,000,000 except that an unlimited stated amount of Series C Preferred Interests may be issued by the Partnership in payment of Series C Preferred Return in accordance with Section 4.
The general perception of reverse flowsVariables related to knowledge sharingNote: ** Correlation is significant at the 0.01 level (2-tailed); * Correlation is significant at the 0.05 level (2- tailed).
The Series C Preferred Partner shall be entitled to receive cumulative cash distributions equal to the Series C Preferred Return.
More Definitions of Series C Preferred Return
Series C Preferred Return means, collectively, the Series C1 Preferred Return, Series C2 Preferred Return and Series C3 Preferred Return.
Series C Preferred Return means a cumulative amount accruing (or deemed to accrue) daily in cash on the amount of the Series C Contribution Account (as defined below) of each Innocrin Series C Share from and after the date of the Spin-Off, at the rate of eight percent (8.0%) per annum, computed on the basis of a three hundred sixty-five (365) day year (such Series C Preferred Return, together with the Series 1 Preferred Return, Series 2 Preferred Return, Series A Preferred Return and Series B Preferred Return, the “Preferred Returns”). “Series C Contribution Account” means an account maintained with respect to each Innocrin Series C Share equal to the difference between (a) $0.60, in the case of the Innocrin Series C1 Shares, and $0.46 in the case of the Innocrin Series C2 Shares and Series C3 Shares less (b) the cumulative distributions made in respect of such Innocrin Series C Share (such Series C Contribution Account, together with the Series 1 Contribution Account, Series 2 Contribution Account, Series A Contribution Account and Series B Contribution Account, the “Contribution Accounts”). The accrued unpaid Series C Preferred Return will include a portion of the return that accrued on the Viamet Series C Shares prior to the Spin-Off, which will be allocated to reflect the separation of the businesses. Notwithstanding the above, any accrued amount of the Series C Preferred Return will be relinquished in the event of any optional or mandatory conversion.
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, 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 Section 8.1(a)(i) in respect of such Series C Unit (but not below zero).
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 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, 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.