Unreturned Preferred Return definition

Unreturned Preferred Return means, with respect to each Class P Unit as of any time of determination, an amount equal to the excess (if any) of (a) the aggregate accrued Preferred Return on such Class P Unit over (b) the aggregate amount of distributions made in respect of such Class P Unit from and after the date such Class P Unit was issued by the Company to the original Class P Member holding such Class P Unit pursuant to Section 7.03(b)(i), Section 7.03(c)(i) (including pursuant to Section 13.02) and/or (without duplication) Section 7.03(d) in respect of such Class P Units.

Unreturned Preferred Return means, for any Member at any --------------------------- time, the excess (if any) of such Member's accrued Preferred Return at such time over all amounts previously distributed to such Member pursuant to Section 8.2(b) or 8.4(b)(2).

Unreturned Preferred Return means, with respect to each Class A Member, as of any date of determination, the excess of such Class A Member’s Preferred Return over the amount distributed to such Class A Member pursuant to Section 7.2(b).