Class D Stated Value definition

Class D Stated Value means, with respect to a Class D Preferred Unit, an amount initially equal to the sum of (a) $1,000.00, plus (b) the aggregate Class D Accretion Amount, if any, attributable to such Class D Preferred Unit pursuant to Section 5.13(b)(v), plus (c) without duplication of any amounts included in the foregoing clause (b), all Class D Unpaid Distributions with respect to such Class D Preferred Unit outstanding as of the date of determination.
Class D Stated Value means $50,000.

Examples of Class D Stated Value in a sentence

  • The register maintained by the Class D Preferred Units Registrar will contain a schedule with respect to the Class D Accretion Amounts, if any, and the applicable Class D Stated Value.