Unreturned Preferred Capital definition

Unreturned Preferred Capital with respect to each Unitholder means the excess, if any, of (i) such Unitholder's aggregate Capital Contributions in respect of Preferred Units over (ii) the aggregate amount of all distributions made to such Unitholder pursuant to or in accordance with Section 4.4(a)(i).

Unreturned Preferred Capital means at any time the aggregate Capital ---------------------------- Contributions with respect to the Investor Units reduced by all prior distributions made to the holders of Investor Units by the Company pursuant to Section 5.2(b). --------------

Unreturned Preferred Capital means, with respect to each Member, such Member's Preferred Capital reduced by all prior distributions made to such Member by the Company pursuant to Section 5.2(a)(ii).

Examples of Unreturned Preferred Capital in a sentence

• Second, after the required amount of Distributions have been made in full pursuant to clause (i), above, 100 percent to the Preferred Holders, ratably among such holders in proportion to the then aggregate Unreturned Preferred Capital Amount with respect to the Preferred Shares then held by each such holder, until the Unreturned Preferred Capital Amount in respect of all outstanding Preferred Shares is equal to zero.

• No Distribution or any portion thereof shall be made under clause (iii) of this Section 2(b) until the Unreturned Preferred Capital Amount with respect to all of the outstanding Preferred Shares has been paid in full.

• So long as Unreturned Preferred Capital remains outstanding, Company shall not be a Plan and none of the assets of Company shall constitute Plan Assets.

• On the Mandatory Redemption Date, the Manager shall be obligated to cause the Company to redeem the entirety of the Preferred Member’s Interest in exchange for distributions made to the Preferred Member in an amount equal to the aggregate of (i) Unreturned Preferred Capital, (ii) all accrued and unpaid Preferred Return, and (iii) all actual third party costs and expenses incurred by the Preferred Member in connection with such redemption.

• The amount paid by Preferred Member in respect of such other Necessary Expenses shall be deemed to be an additional PE Contribution and shall be added to the Unreturned Preferred Capital of Preferred Member.

More Definitions of Unreturned Preferred Capital

Unreturned Preferred Capital means the aggregate Preferred Capital less all distributions of Preferred Capital to the Xxxxxxx Member (but not less than zero). For the avoidance of doubt, an advance of funds pursuant to a Xxxxxxx Principal Loan shall not be deemed a distribution of Preferred Capital.

Unreturned Preferred Capital means, for any Member at ---------------------------- any time, the excess (if any) of such Member's Preferred Capital over all amounts previously distributed to such Member pursuant to Section 8.2(a) or 8.4(b)(1).

Unreturned Preferred Capital means the positive balance (not reduced below zero) of PE Contributions less distributions to Preferred Member under Section 3.1(a)(3) and Section 3.1(b)(2). EXHIBIT C

Unreturned Preferred Capital means with respect to each Preferred Unit at any time the excess, if any, of (a) $1,000 over (b) all prior distributions made by the Company with respect to such Preferred Unit pursuant to Section 5.2(b).

Unreturned Preferred Capital means the aggregate Preferred Capital Contributions (including any Additional Preferred Capital Contributions, but excluding any Excess Contributions that are treated as Shortfall Loans hereunder), reduced by the aggregate amount of all distributions received by the Preferred Member under Sections 5.2(b), (c), and (d), but excluding for avoidance of doubt any distributions received by the Preferred Member on account of the Preferred Return or any other amounts due from the Company, the Common Member or the Liable Parties to the Preferred Member pursuant to this Agreement or the other Transaction Documents, including, without limitation, any outstanding Indemnified Amounts, if any.

Unreturned Preferred Capital means at any time an amount equal to the excess of the Preferred Capital at such time over the aggregate of all previous distributions to the General Partner pursuant to Section 4.7(b) or Section 3.6, all such distributions to be applied first in reduction of the Initial Preferred Capital until the Initial Preferred Capital shall have been reduced to zero (0).

Unreturned Preferred Capital means, with respect to a Preferred Unit, the excess, if any, of (a) (i) if such Preferred Unit is a Warrant Preferred Unit, the Deemed Preferred Unit Amount in respect to such Warrant Preferred Unit or (ii) if such Preferred Unit is not a Warrant Preferred Unit, the Capital Contribution made in exchange for or on account of such Unit over (b) all Distributions made by the Company on account of such Warrant Preferred Unit or Preferred Unit after all Unpaid Preferred Yield on account of such Warrant Preferred Unit or Preferred Unit shall have been paid in full.