Common Capital Amount definition
Examples of Common Capital Amount in a sentence
Subject to the priorities and restrictions set forth in Section 4.5, upon the occurrence of a Liquidation Event, the holders of the Class B Common Interests shall be entitled (i) to receive $1.00 per Class B Common Interest (the "Class B Common Capital Amount") and (ii) to share ratably with the holders of the Class A Non-Voting Common Interests, based upon the number of Common Interests held by them, in all remaining net assets of the Company available for distribution, as provided in Section 4.5(a)(iii).
The amount payable to the holders of Class A Common Interests in respect of each such Interest as described in clause (x) of each of paragraph (i) and paragraph (ii) of this Section 4.3(b) is referred to herein as the "Class A Common Capital Amount".