Examples of Class A Preference Amount in a sentence
Prior to any draw on the Class A Non-Ford Letters of Credit or withdrawal from the Class A Non-Ford Cash Collateral Account pursuant to this Section 3.9(d), the Trustee shall have received a certified copy of the order requiring the return of such Class A Preference Amount.
Prior to any draw on the Class A Non-Ford Letters of Credit or withdrawal from the Class A Non-Ford Cash Collateral Account pursuant to this Section 2.8(d), the Trustee shall have received a certified copy of the order requiring the return of such Class A Preference Amount.
Until the payment to the Class A Preferred Member of the Class A Preference Amount, the Class A Preferred Member shall be entitled to veto any action of the Members or the Board of Governors of the Company affecting the rights and preferences applicable of the Class A Preferred Shares.
After payment to the holders of the Class A Preference Shares of the Class A Preference Amount per Share together with all declared but unpaid dividends thereon as aforesaid, the holders of the Class A Preference Shares shall have no right or claim to any of the remaining property and assets of the Corporation.
Upon the receipt of a share certificate or certificates representing the Retracted Shares together with the Holder’s Request, on the Retraction Date the Corporation shall redeem the Retracted Shares by paying the registered holder thereof, in a manner provided for herein, the Class A Preference Amount per Share for each such share to be redeemed together with all declared but unpaid dividends thereon to and including the Retraction Date (in this Article collectively, the “Retraction Price”).