Preferred Base Amount definition

Preferred Base Amount means, with respect to a Preferred Partner, the amount of Capital Contributions made by such Partner with respect to the Preferred Units held by such Partner.
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Preferred Base Amount is defined in Annex A.
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Preferred Base Amount means $1,000 per Class P Unit.
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Examples of Preferred Base Amount in a sentence

  • If the Preferred Base Amount or the Compounded Return is reduced by any redemption or repurchase of a Class P Unit pursuant to Section 4 or Section 5 or pursuant to an RP Election (collectively, “Prior Preferred Redemptions”) made between Distribution Payment Dates, from such date of payment the Preferred Return shall accrue at the Applicable Distribution Rate on the basis of such reduced sum of the Preferred Base Amount and Compounded Return.

  • Any indemnification of the Iris Indemnified Parties pursuant to Section 9.03(i) with respect to the first $5,000,000 of payments pursuant thereto shall be effected by delivery (based on identical proportions of Parent Common Stock and Parent Preferred Stock in which such shares were issued to the applicable Iris Indemnified Party as part of the merger consideration, and at the Parent Common Base Amount or Parent Preferred Base Amount, as applicable) of additional Parent Capital Stock.


More Definitions of Preferred Base Amount

Preferred Base Amount means the Original Issue Price of the Preferred Units (as adjusted for any recapitalization or exchange of such Preferred Units), and any subdivision (by split or otherwise) or any combination (by reverse split or otherwise).
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