Preferred Redemption Amount definition

Preferred Redemption Amount means, with respect to any class or series of Preferred Units, the sum of (i) the amount of any accumulated Preferred Distribution Shortfall with respect to such class or series of Preferred Units, (ii) the Preferred Distribution Requirement with respect to such class or series of Preferred Units to the date of redemption and (iii) the Preferred Redemption Price indicated in the Preferred Unit Designation with respect to such class or series of Preferred Units.

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Preferred Redemption Amount means the amount, including accrued and unpaid dividends (whether or not declared) or similar amounts, required to be paid to the holders of the Preferred Stock to redeem the Preferred Stock pursuant to the terms of the Preferred Stock at the Effective Time.

Preferred Redemption Amount means an amount equal to one hundred percent (100%) of the applicable Original Purchase Price.

Examples of Preferred Redemption Amount in a sentence

• The Series A Preferred Redemption Amount shall be payable to the Tendering Series A Preferred Unit Holder on the Series A Preferred Redemption Date.

• The Series B Preferred Redemption Amount shall be payable to the Tendering Series B Preferred Unit Holder on the Series B Preferred Redemption Date.

• The Preferred Redemption Amount shall be the amount equal to the number of Preferred Shares multiplied by the Per Share Redemption Amount, without any interest thereon.

• If any Series A Preferred Units are not redeemed for the foregoing reason or because the Partnership otherwise failed to pay or tender to pay the aggregate Series A Preferred Redemption Amount on the Series A Preferred Units required to be redeemed, all Series A Preferred Units which have not been redeemed shall remain outstanding and entitled to all the rights and preferences provided herein.

• The undersigned holders of Series C Preferred Stock irrevocably agree that notwithstanding anything to the contrary set forth in the Series C Preferred Certificate of Desigations, the Series C Preferred Redemption Amount shall be calculated in accordance with the definition of such term in the Merger Agreement, and the only amounts payable to such holders in respect of their shares of Series C Preferred Stock as a result of the Merger shall be as set forth in Section 2.2 of the Merger Agreement.

More Definitions of Preferred Redemption Amount

Preferred Redemption Amount means the aggregate amount required to redeem, on the Closing Date, all of the shares of Preferred Stock outstanding as of such date in accordance with Section 7.1 of the Certificate of Designation, Preferences and Rights, dated as of November 8, 2012, relating to the Preferred Stock, which amount shall be set forth in the notice delivered by the Company to Buyer pursuant to Section 1.2(d).

Preferred Redemption Amount means $40,000,000 plus the accrued return thereon up to the Closing Date.

Preferred Redemption Amount means (x) the product of (i) Nine Hundred Ninety-Nine Dollars ($999) multiplied by (ii) the number of Fully Diluted Preferred Shares plus (y) the aggregate amount of the accrued and unpaid dividends to which all shares of Preferred Stock are entitled.

Preferred Redemption Amount means an amount equal to the aggregate amount required to be paid by Caithness Freedom pursuant to Section 11.3 of the Caithness Freedom LLCA to redeem on the Closing Date one hundred percent (100%) of the Preferred Interests outstanding as of the Closing Date.

Preferred Redemption Amount for the preferred shares as hereinafter referred to shall mean with respect to the preferred shares, the sum of $1.00 per share;

Preferred Redemption Amount means the aggregate amount paid at the Closing to redeem all of the issued and outstanding shares of Holding's Class A Preferred Stock and Class B Preferred Stock in accordance with the terms of Holding's Restated Certificate of Incorporation.

Preferred Redemption Amount means, with respect to any class or series of Preferred Units, the sum of (i) the amount of any accumulated Preferred Distribution Shortfall with respect to such class or series of Preferred Units, (ii) the Preferred Distribution Requirement with respect to such class or series of Preferred Units to the date of redemption and (iii) the Preferred Redemption Price indicated in the Preferred Unit Designation with respect to such class or series of Preferred Units. "Preferred Redemption Price" shall have the meaning set forth in Section 4.4(b) hereof. "Preferred Stock" shall mean any class of equity securities of the Company now or hereafter authorized or reclassified, other than the Common Stock, having dividend rights that are superior or prior to dividends payable on the Common Stock. "Preferred Unit Designation" shall have the meaning set forth in Section 4.4(b) hereof.