Series D Preferred Return definition

Series D Preferred Return shall have the meaning provided in Section 5(a).

Series D Preferred Return means, for each Series D Preferred Unit, a cumulative, non-compounded rate per annum equal to 5.81% of the Series D Liquidation Preference; provided, that the amount payable for any Series D Distribution Period shall be computed by dividing the Series D Preferred Return by twelve, and the amount of distributions payable for any period shorter or longer than a full Series D Distribution Period shall be computed on the basis of twelve 30-day months and a 360-day year.

Series D Preferred Return means the aggregate amount of distributions on the Series D Preferred Units to which the holders of such units shall be entitled in any Partnership Year.

Examples of Series D Preferred Return in a sentence

• Solely for purposes of determining such Series D Preferred Return, the stated amount of any Series D Preferred Interests previously issued in payment of Series D Allocated Preferred Return shall be considered as a Series D Preferred Limited Partner Contribution made at the time such Series D Preferred Interests were issued in payment of Series D Allocated Preferred Return.

• The Series D Preferred Return shall be paid only when, as and if authorized by the General Partner and declared by the Partnership, but if the Series D Preferred Return is not paid quarterly, it shall continue to accrue and be cumulative as provided below.

• If payment of the Series D Allocated Preferred Return in cash is so prohibited, the Partnership shall pay the Series D Allocated Preferred Return in additional Series D Preferred Interests in a stated amount equal to the Unpaid Series D Preferred Return as of such payment date.

• Unless the Partnership and such holder of Series D Preferred Units agree otherwise, the Partnership will pay the Redemption Price in the same manner that the most recent distribution of Series D Preferred Return was delivered to such holder of Series D Preferred Units.

• Further, the Redemption Price (other than the portion thereof consisting of Unpaid Series D Preferred Return) shall be payable solely out of the sale proceeds of other "partnership interests" of the Partnership, or "capital stock" of TCO.

• The Series D Preferred Interests issued in payment of the Series D Allocated Preferred Return shall be entitled to receive a Series D Preferred Return from the date of their issuance.

• Series D Preferred Interests may not be issued by the Partnership in excess of an original stated amount of $30,000,000 except that an unlimited stated amount of Series D Preferred Interests may be issued by the Partnership in payment of Series D Preferred Return in accordance with Section 4.

• The redemption price for the Series D Preferred Interests (the "Call Price") shall be the stated amount of the Series D Preferred Interests plus all Unpaid Series D Preferred Return plus all Unallocated Series D Preferred Return.

• In the event of an exchange, the Unallocated Series D Preferred Return shall be reduced to zero.

More Definitions of Series D Preferred Return

Series D Preferred Return shall have the meaning provided in Section 5(a) of this Amendment.

Series D Preferred Return means, for each Series D Preferred Unit, a cumulative, non-compounded rate per annum equal to 5.81% of the Series D Liquidation Preference; provided, that the amount payable for any Series D Distribution Period shall be computed by dividing the Series D Preferred Return by twelve, and the amount of distributions payable for any period shorter or longer than a full Series D Distribution Period shall be computed on the basis of twelve 30-day months and a 360-day year. “Series D Preferred Stock” means the Series D Cumulative Convertible Preferred Stock, par value $.01 per share, of the General Partner.

Series D Preferred Return means a cumulative amount accruing (or deemed to accrue) daily in cash on the amount of the Series D Contribution Account (as defined below) of each Viamet Series D Share from and after the date of the Initial Closing, at the rate of eight percent (8.0%) per annum, computed on the basis of a

Series D Preferred Return means a return calculated to provide a cumulative, semi-annually compounded return in an amount equal to nine and one-half percent (9 1/2%) 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

Series D Preferred Return is defined in Exhibit B to the Ninth Amendment to this Agreement.

Series D Preferred Return means, as of the end of a taxable year or other period, the excess of (i) the sum of (A) the Redemption Price (as defined in the Series D Articles Supplementary) of such Series D Preferred Partnership Unit if such Series D Preferred Partnership Unit were redeemed at the end of such taxable year or other period, plus the cumulative cash distributions theretofore paid with respect to such Series D Preferred Partnership Unit through the end of such taxable year or other period, in each case pursuant to the Series D Articles Supplementary, over (ii) the Liquidation Price (as defined in the Series D Articles Supplementary) of such Series D Preferred Partnership Unit. For purposes of this defined term, Redemption Price with respect to a Series D Preferred Partnership Unit shall be determined without regard to the Per Unit Unfunded True-Up Amount and the Make Whole Payment (each, as defined in the Series D Articles Supplementary), unless and until such unit is actually redeemed and the Per Share Unfunded True-Up Amount or the Make-Whole Payment, as applicable, actually applies to such redemption.