Unpaid Yield definition

Unpaid Yield shall have the meaning given in the LLC Agreement.

Unpaid Yield has the meaning set forth in the LLC Agreement. ------------

Unpaid Yield on (i) any Class A Common Unit means, as of any date, an amount equal to the excess, if any, of (A) the aggregate Yield accrued on such Class A Common Unit prior to such date, over (B) the aggregate amount of prior Distributions made by the Partnership on such Class A Common Unit pursuant to Section 7.2(d) and (ii) on any Series A Preferred Unit, as of any date, an amount equal to the excess, if any, of (A) the aggregate Yield accrued on such Series A Preferred Unit prior to such date, over (B) the aggregate amount of prior Distributions made by the Partnership on such Series A Preferred Unit pursuant to Section 7.2(b).

Examples of Unpaid Yield in a sentence

• Amounts to be distributed to the holders of Series A Preferred Units pursuant to the first sentence of this Section 7.2(b) will be distributed among such holders in proportion to and to the extent of the Unpaid Yield on the Series A Preferred Units owned by each such holder as of the time of the applicable Distribution.

• The Disposition Value of any share shall not exceed its Unpaid Yield and Unreturned Original Cost.

• Amounts to be distributed to the holders of Class A Common Units pursuant to the first sentence of this Section 7.2(d) will be distributed among such holders in proportion to and to the extent of the Unpaid Yield on the Class A Common Units owned by each such holder as of the time of the applicable Distribution.

• No Distribution or any portion thereof may be made pursuant to Section 7.2(e) or Section 7.2(f) until the entire amount of the Unpaid Yield on all outstanding Class A Common Units as of the time of such Distribution has been paid in full to the holders of Class A Common Units.

• Subject to a participation threshold, if any, each holder of Class B PIUs is entitled to its pro rata share of proceeds from a Change in Control of Adenza Parent after satisfaction of all liabilities and payment to the holders of Class A Units of the Class A Unreturned Capital and Class A Unpaid Yield, each as defined in the Second Amended and Restated Limited Partnership Agreement of Adenza Parent.

More Definitions of Unpaid Yield

Unpaid Yield means, (i) with respect to each share of Series A Preferred Stock, an amount equal to the excess, if any, of (a) the Yield accrued on such share since the most recent Dividend Payment Date, over (b) the aggregate amount of Distributions made by the Corporation since the most recent Dividend Payment Date that constitute payment of Yield on such share and (ii) with respect to each share of Class L Common Stock, an amount equal to the excess, if any, of (a) the aggregate Yield accrued on such share since the Issue Date, over (b) the aggregate amount of Distributions made by the Corporation that constitute payment of Yield on such share.

Unpaid Yield means the "Unpaid Yield" as defined in the Company's ------------ Certificate of Incorporation.

Unpaid Yield as defined in the Company's ------------ Certificate of Incorporation.

Unpaid Yield means, with respect to each outstanding Class A Unit, as of any date, an amount equal to the excess, if any, of (a) the aggregate Class A Yield accrued on such Class A Unit for all periods prior to such date less (b) the aggregate amount of prior Distributions made by the Company on such Class A Unit pursuant to Section 8.1(a).

Unpaid Yield of any share of Common Stock means an amount equal to the excess, if any, of (a) the aggregate Yield accrued on such share, over (b) the aggregate amount of Distributions made by the Corporation that constitute payment of Yield on such share.

Unpaid Yield means, as of any time of determination with respect to any share of Class A Common, an amount equal to the excess, if any, of (i) the aggregate Yield accrued and accumulated on such share as of such time over (ii) the aggregate amount of Distributions made by the Corporation prior to such time that constitute payment of Yield on such share pursuant to paragraph 2(a)(i) of Section B, above.

Unpaid Yield means Unpaid Class A Preferred Yield or Unpaid Class L ------------ Common Yield.