Unpaid Priority Return definition

Unpaid Priority Return means with respect to each Limited Partner the excess of its Priority Return over the aggregate amount distributed to it pursuant to Section 4.2(a)(ii).

Unpaid Priority Return means, with respect to each Class A Unit, the cumulative Priority Return with respect to such Unit less all distributions made under Article V of the LLC Agreement (other than in respect of unreturned Capital Contributions).

Unpaid Priority Return means, with respect to each Priority Member, the aggregate Priority Return of such Priority Member, minus the cumulative distributions paid to such Priority Member pursuant to Section 9.1(a) of this Agreement (including by operation of Section 13.2(c)).

Examples of Unpaid Priority Return in a sentence

• In addition, after the General Partner Unpaid Priority Return has been paid and the General Partner Net Current Investment has been reduced to zero, all Capital Proceeds from sales of Partnership assets shall be applied first to pay amounts outstanding under the Termination Note.

• During this time, milieu-construction is better understood through meso-level study of its composite networks and organisations, since these had a virtual monopoly on the relational diffusion of frames and on micro-mobilisation.

• Cash Out (Waterfall) First Unpaid Priority Return Second Current Priority Return Third Amount of Capital Fourth 75:25 in favor of Investors Promote : 75:25 split once all funds paid off, in favor of investors Conversion: Each share of A Preferred Stock shall be convertible, at any time, at the option of the holder, into shares of Common Stock, at an initial conversion ratio of one share of Common Stock for each share of A Preferred Stock.

• For purposes of calculating the Unpaid Priority Return for a Class A Unit, the amount distributed to the General Partner pursuant to Sections 7.2(a)(i)(A)(1) and (c)(i)(A) on behalf of such Unit shall be included in the amounts distributed with respect to such Class A Unit.

More Definitions of Unpaid Priority Return

Unpaid Priority Return means, with respect to a Member for a Fiscal Year, the excess, if any, of (i) the sum of such Member’s Priority Return for the current Fiscal Year and all prior Fiscal Years; over (ii) the aggregate amount distributed to such Member under Section 6.1(a)(iii) for the current Fiscal Year and all prior Fiscal Years.

Unpaid Priority Return means at any particular time the difference between (i) the Earned Priority Returns and (ii) the total of all distributions made to such time under Section 4.09(e)(i).

Unpaid Priority Return means generally the cumulative Priority Return respecting Preferred Interests, less distributions made, including distributions upon liquidation.

Unpaid Priority Return means, as of any date of distribution, the excess of the priority return calculated for a respective partner as of such date over any amounts distributed to such partner prior to such date, other than distributions to the General Partner in its capacity as a General Partner.

Unpaid Priority Return means, with respect to each Class B Member, the amount, if any, by which such Class B Member' s Priority Return exceeds the aggregate of all amounts actually distributed to such Class B Member pursuant to Section 8.2(b)(3).

Unpaid Priority Return means (i) a Series A Preferred Member’s Priority Return, minus (ii) the aggregate distributions to such Member under paragraph 4.7.1(a).

Unpaid Priority Return means that portion of the Priority Return payable to a Member that has not yet been distributed by the Company.