Class A Liquidation Preference definition

Class A Liquidation Preference shall have the meaning ascribed thereto in Section 2.7(b) hereof.

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Class A Liquidation Preference means, with respect to each Class A Preferred Unit, the sum of the Class A Preferred Unit Price (subject to adjustments for any stock splits, combinations or recapitalization with respect to the Class A Preferred Units) plus all accrued but unpaid and accumulated distributions, including distributions accrued and unpaid at the Deficiency Rate, if any, on such Class A Preferred Unit to, but not including, the Liquidation Date.

Class A Liquidation Preference means an amount equal to $62.39 per Class A Preferred Unit.

Examples of Class A Liquidation Preference in a sentence

Until the General Partner has been paid the Class A Liquidation Preference in full, no payment shall be made to any holder of Participating Partnership Units upon the liquidation, dissolution or winding up of the Partnership.
The purchase price (the "Put Price") to be paid by the Company for the Shares then held by the Participating Investors shall be (i) in the case of each Class A Preferred Shares, the Class A Liquidation Preference thereof calculated through the date the Put Closing shall occur, and (ii) in the case of each Common Share, an amount equal to the then most recently determined Common Appraised Value thereof.
After payment of the full amount of the Class A Liquidation Preference for each outstanding Class A Preferred Unit, the holders of the Class A Preferred Units, as such, will have no right or claim to any of the remaining assets of the Partnership.
The “Conversion Rate” shall be the quotient obtained by dividing the Class A Liquidation Preference by the Conversion Price.
Until the holders of the Class A Preferred Units have been paid the Class A Liquidation Preference in full, no payment or distribution will be made to any holder of any Distribution Junior Units upon the liquidation, dissolution or winding up of the Partnership.

More Definitions of Class A Liquidation Preference

Class A Liquidation Preference shall have the meaning specified in the Homebase LLC Agreement.

Class A Liquidation Preference means an amount per share equal to US$7.00186, plus all accrued and unpaid dividends, whether or not declared and which if not paid shall cumulate on an annual basis on each December 31.

Class A Liquidation Preference shall be equal to the Preferred Share Liquidation Value plus the Preferred Shares Dividends with respect to each Class A Preferred Share.

Class A Liquidation Preference means as to each Class A Preferred Share as of any date, the sum of (i) the Class A Contribution Account as of such date plus (ii) the Class A Preferred Return thereon accrued through such date.

Class A Liquidation Preference means, as of the Distribution Date, the Class A Available Dividend Amount divided by the number of shares of Class A Stock outstanding.

Class A Liquidation Preference means, on a per share basis, the sum of (a) One Thousand Dollars ($1,000) plus (b) the amount of all accrued but unpaid Class A Dividends (compounded annually), whether or not declared, through (x) the Distribution Date in the case of a Class A Dividend or (y) the Determination Date in the case of a Conversion, a Redemption or a Fundamental Corporate Transaction.

Class A Liquidation Preference has the meaning set forth in the Topco LLC Agreement.