Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.
Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person's property and assets, whether by dividend or upon liquidation.
Preferred Interests as applied to the Capital Interests in any Person, means Capital Interests in such Person of any class or classes (however designated) that rank prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to shares of Common Interests in such Person.
Examples of Preferred Interests in a sentence
The General Partner is authorized to cause the Partnership to issue Preferred Interests to the General Partner according to the Partnership Unit Designation at Exhibit B.
More Definitions of Preferred Interests
Preferred Interests means the Company's Series A Preferred Interests, as adjusted for any unit split, unit dividend or other combination, exchange, conversion, recapitalization, merger, consolidation or reorganization, or if the Series A Preferred Interests are hereafter changed into or exchanged for different interests or securities of the Company, such other interests or securities, and any other preferred interests of the Company hereinafter issued,
Preferred Interests means the preferred limited liability company membership interests of the Company or preferred stock of the Company, if the Company is restructured as a corporation.
Preferred Interests means preferred equity interests in a utility affiliate that pay the preferred dividends to the trust that purchased the preferred equity interests.
Preferred Interests means the Senior Preferred Interest and the Junior Preferred Interest.
Preferred Interests means any and all series of preferred membership interest of the Issuer, including the Designated Preferred.
Preferred Interests means the Class A Preferred Interests and the Class B Preferred Interests, collectively.
Preferred Interests has the meaning set forth in Section 11.4.