Preferred Amount definition

Preferred Amount at any date means the sum of: (i) the sum of all Monthly ---------------- Preferred Yield Amounts for all Distribution Dates on or prior to such date that have not previously been paid; (ii) the sum of all Daily Preferred Yield Amounts for each day occurring in the period from the last Distribution Date on or prior to such date (or if no Distribution Date has yet occurred, from the Admittance Date) to such date; and (iii) the Preferred Capital Amount.

Preferred Amount the aggregate amount of Unreturned Capital Value, Unpaid Yield and Redemption Premium (each as defined in the Seller LLC Agreement) with respect to the Class A-5 Units and Class A-7 Units of Seller as of the second (2nd) Business Day following the Closing Date.

Preferred Amount means the product obtained by multiply (x) the sum of the Preferred Liquidation Amount Per Share and the Common Equivalents Per Share Amount by (y) the number of shares of Company Preferred Stock outstanding immediately prior to the Effective Time, expressed as a decimal carried out to two places.

Examples of Preferred Amount in a sentence

• If more than one share or right shall be surrendered for conversion at one time by the same holder, the number of full shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate Convertible Preferred Amount so surrendered.

• Next, to the holders of the Preferred C Shares, pro rata in accordance with their respective holdings at the record date of such distribution, until each holder of the Preferred C Shares has received aggregate distributions in an amount sufficient to give such holder its Preferred C Shares Preferred Amount through the date of such distribution.

• Next, to the holders of the Preferred B Shares, pro rata in accordance with their respective holdings at the record date of such distribution, until each holder of the Preferred B Shares has received aggregate distributions in an amount sufficient to give such holder its Preferred B Shares Preferred Amount through the date of such distribution.

• For purposes hereof, the Conversion Ratio shall equal either (i) the quotient of the Preferred Amount Per Share divided by the Conversion Price, or (ii) in the event of a Dilutive Issuance (as defined in Section 6(e)(ii)) the Conversion Ratio shall be that number calculated pursuant to Section 6(e)(ii).

• As a result, African feminism’s fight for the rights of African women is regarded as a Western or recolonising pursuit and it is excluded from African intellectual discourses aimed at producing indigenous knowledges.

More Definitions of Preferred Amount

Preferred Amount means an amount equal to the quotient of $1,000 divided by $6.29.

Preferred Amount means, with respect to any share of Series A Preferred Stock, an amount equal to the sum of (i) the accrued or declared but unpaid “Senior Dividends” (as such term is defined in the Company Charter) with respect to each such Share and (ii) the Original Issuance Price (as such term is defined in the Company Charter) with respect to each such Share.

Preferred Amount means the sum of (i) the number of shares of Participating Series A Preferred Stock outstanding as of the Effective Time multiplied by the Series A Preferred Stock liquidation preference of $1.50 per share and (ii) the number of shares of Participating Series B Preferred Stock outstanding as of the Effective Time multiplied by the Series B Preferred Stock liquidation preference of $2.00 per share.

Preferred Amount means, for any Partner and as of any date, the amount, if any, that would be required to be distributed on such date so that the aggregate distributions to such Partner pursuant to Sections 5.1(a)(iii) and 5.2(a)(iii) provide an internal rate of return at the Preferred Return Rate (with any portion of such Preferred Amount which is not distributed currently in any quarter to be compounded quarterly) on such Partner's Unreturned Capital Contributions to the Partnership. A Partner's Preferred Amount shall be calculated on the basis of the actual number of days elapsed from and including the date on which each Capital Contribution is contributed to the Partnership to, but not including, the date that distributions constituting a return of such Capital Contributions were made.

Preferred Amount means an amount equal to the sum of (z) the Per Share Series A-1 Preferred Liquidation Preference multiplied by the number of shares of Series A-1 Preferred Stock outstanding immediately prior to the Effective Time plus (y) the Per Share Series A-2 Preferred Liquidation Preference multiplied by the number of shares of Series A-2 Preferred Stock outstanding immediately prior to the Effective Time plus (z) the Per Share Series B Preferred Liquidation Preference multiplied by the number of shares of Series B Preferred Stock outstanding immediately prior to the Effective Time.

Preferred Amount has the meaning set forth in ‎Section 1.4(c)(vi)(I).

Preferred Amount means the number of shares of Class B Common or Class C Common, as the case may be, equal to the quotient by dividing (i) the sum of (A) $90 and (B) the Unpaid Yield on such share of Class A Common, by (ii) the product of (A) the Market Price and (B) 80%. For purposes of this definition, the "Market Price" shall mean the good faith determination of the managing underwriters of the Company's initial Qualified Public Offering of the initial public offering price of the Class B Common after taking into account the conversion and/or redemption of the Class A Common in full. For purposes of this paragraph 21, the "Common Amount" shall mean the number of shares of Class B Common or Class C Common, as the case may be, determined by the following formula: Common Amount = (OBC divided by 9) divided by OA WHERE: OBC = The number of outstanding shares of Class B Common and Class C Common on a fully-diluted basis immediately prior to conversion of the Class A Common. OA = The number of outstanding shares of Class A Common on a fully-diluted basis immediately prior to conversion of the Class A Common. For example: If there are 50,000 outstanding shares of Class B Common, 5,000 outstanding shares of Class C Common and 50,000 shares of Class A Common, the aggregate Yield on such share of Class A Common is $25 and the Market Price is $20, then: The Preferred Amount will equal: Preferred Amount = ($90 + 25) divided by (20 x .8) Preferred Amount = 115/16 Preferred Amount = 7.1875 shares of Class B Common The Common Amount will equal: Common Amount = (55,000 divided by 9) divided by 50,000 Common Amount = 6,111.111 divided by 50,000 Common Amount = .122 shares of Class B Common Stock Thus the holder of such Class A Common Share will be entitled to receive the sum of (i) 7.185 shares of Class B Common and (ii) .122 shares of Class B Common or 7.307 shares of Class B Common Stock."