Final Closing Preferred Credit definition

Final Closing Preferred Credit shall have the meaning ascribed thereto in section 1.2.2 of the JKDA.
Sample 1Sample 2Sample 3
Final Closing Preferred Credit means an allocation to be made by the Limited Partnership, as part of the Final Closing on the Final Closing Date, by way of a credit to the capital account of each holder of Class K Preferred Units, in an amount equal to the lesser of:
Sample 1Sample 2

Examples of Final Closing Preferred Credit in a sentence

  • All allocations of Net Income or Net Loss, distributions to Partners and any Final Closing Preferred Credit shall be credited or debited to the capital account of those Partners holding Class M Units, Class K Common Units, Class K Preferred Units and Class E Activated Units for whom the allocation was made.

Related to Final Closing Preferred Credit

  • Final Closing means the last closing under the Private Placement;

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Second Closing has the meaning set forth in Section 2.2.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Shares Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such; provided that, if such Person is determined not to have become an Acquiring Person pursuant to Section 1(a) hereof, then no Shares Acquisition Date shall be deemed to have occurred by virtue of such event.

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • Second Closing Date means the date of the Second Closing.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Fund, at a Redemption Price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a period of six months during which such VRDP Shares cannot be successfully remarketed (i.e., a Failed Remarketing Condition--Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Fund on a first-in, first-out basis, in accordance with and subject to the provisions of the VRDP Fee Agreement and this Statement.

  • Next Equity Financing means the next sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale (or series of related sales)).

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Final closure means the closure of all hazardous waste management units at the facility in accordance with all applicable closure requirements so that hazardous waste management activities under sections 264 and 265 of this regulation are no longer conducted at the facility unless subject to the provisions in § 262.34.