Stated Series A Liquidation Preference definition

Stated Series A Liquidation Preference means an amount equal to $25.00 per Series A Preferred Unit.

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Stated Series A Liquidation Preference means an amount equal to $25.00 per share of Series A Preferred Stock.

Stated Series A Liquidation Preference means an amount equal to $25.00 per Series A Preferred Unit. “Stated Series B Liquidation Preference” means an amount equal to $25.00 per Series B Preferred Unit. “Stated Series C Liquidation Preference” means an amount equal to $25.00 per Series C Preferred Unit. “Stated Series D Liquidation Preference” means an amount equal to $25.38 per Series D Preferred Unit.

Examples of Stated Series A Liquidation Preference in a sentence

The initial Capital Account attributable to a Series A Preferred Unit shall be the Stated Series A Liquidation Preference, irrespective of the amount paid by such holder for such Series A Preferred Unit.
The initial Capital Account attributable to a Series A Preferred Unit shall be the Stated Series A Liquidation Preference for such Series A Preferred Unit, irrespective of the amount paid by such holder for such Series A Preferred Unit.
The rights of the Series A Preferred Unitholders to receive the Stated Series A Liquidation Preference shall be subject to the proportional rights of holders of Parity Securities.
Each Series A Preferred Unit shall be identical in all respects to every other Series A Preferred Unit, except as to the respective dates from which the Stated Series A Liquidation Preference shall increase or from which Series A Distributions may begin accruing, to the extent such dates may differ.
Notwithstanding the foregoing, the Conversion Rate as adjusted as described in this Section 16.7(a) will not exceed 8.6957 Common Units per Series A Preferred Unit (subject to adjustment in the same manner as the Conversion Rate), which is equal to the Stated Series A Liquidation Preference, divided by 50% of the Last Reported Sale Prices of Common Units on May 5, 2015.
Income of the Partnership attributable to the issuance by the Partnership of a Series A Preferred Unit or a Series B Preferred Unit for an amount in excess of the Stated Series A Liquidation Preference or the Stated Series B Liquidation Preference, respectively, shall be allocated to the holders of Common Units in accordance with their respective Percentage Interests.
The holders of outstanding Series A Preferred Units will be specially allocated items of our gross income and gain in a manner designed to achieve, in the event of any liquidation, dissolution or winding up of the affairs of the Partnership, whether voluntary or involuntary, the Stated Series A Liquidation Preference.
After payment of the full amount of the Stated Series A Liquidation Preference and accumulated and unpaid distributions to which they are entitled, the holders of the Series A Preferred Units shall have no right or claim to any of the Partnership’s remaining assets.
The number of votes that each Series A Preferred Unit and any Parity Securities participating in the votes described above shall have shall be in proportion to the Stated Series A Liquidation Preference of such unit.
If the amount of the Partnership’s gross income and gain available to be specially allocated to the Series A Preferred Units is not sufficient to cause the Capital Account of a Series A Preferred Unit to equal the Stated Series A Liquidation Preference of a Series A Preferred Unit, then the amount that a holder of Series A Preferred Units would receive upon liquidation may be less than the Stated Series A Liquidation Preference.

More Definitions of Stated Series A Liquidation Preference

Stated Series A Liquidation Preference means an amount equal to $1,000.00 per Series A Preferred Unit. “Subsidiary” means, with respect to any Person, (a) a corporation of which more than 50% of the voting power of shares entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary of such Person is, at the date of determination, a general or limited partner of such partnership, but only if more than 50% of the partnership interests of such partnership (considering all of the partnership interests of the partnership as a single class) is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person, or a combination thereof, or (c) any other Person (other than a corporation or a partnership) in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) at least a majority ownership interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person.

Stated Series A Liquidation Preference means, as of any date, with respect any Series A Preferred Share, an amount equal to the result of (a) US$1,000.00 plus (b) the amount of any increases in the Stated Series A Liquidation Preference with respect to such Series A Preferred Share due to a Liquidation Preference Increase with respect to such share under Section 3(b)(2) minus (c) the amount of any Liquidation Preference Reduction Dividends paid with respect to such share; provided, however, that in no event shall the Stated Series A Liquidation Preference with respect to any Series A Preferred Share (resulting from the payment of any Liquidation Preference Reduction Dividends with respect to such share or otherwise) be lower than US$1,000.00.

Stated Series A Liquidation Preference means an amount equal to $25.00 per Series A Preferred Unit. “Stated Series B Liquidation Preference” means an amount equal to $25.00 per Series B Preferred Unit. “Subsidiary” means, with respect to any Person, (a) a corporation of which more than 50% of the voting power of shares entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries (as defined, but excluding subsection (d) of the definition) of such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary (as defined, but excluding subsection (d) of the definition) of such Person is, at the date of determination, a general or limited partner of such partnership, but only if more than 50% of the partnership interests of such partnership (considering all of the partnership interests of the partnership as a single class) is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries (as defined, but excluding subsection (d) of the definition) of such Person, or a combination thereof, or (c) any other Person (other than a corporation or a partnership) in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) a majority ownership interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person, or (d) any other Person in which such Person, one or more Subsidiaries (as defined, but excluding subsection (d) of the definition) of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) less than a majority ownership interest or (ii) less than the power to elect or direct the election of a majority of the directors or other governing body of such Person, provided that (A) such Person, one or more Subsidiaries (as defined, but excluding subsection (d) of the definition) of such Person, or a combination thereof, directly or indirectly, at the date of the determination, has at least a 20% ownership interest in such other Person, (B) such Person accounts for such other Person (under U.S. GAAP, as in effect on the later of the date of investment in such other Person or material expansion of the operations of such other Pers...

Stated Series A Liquidation Preference means an amount equal to $25.00 per Series A Preference Share.

Stated Series A Liquidation Preference means an amount equal to $25.00 per Series A Preferred Share.