Preferred Unit Amount definition

Preferred Unit Amount has the meaning set forth in Section 3.4(e) of this Agreement.
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Preferred Unit Amount in redemption and complete satisfaction of all amounts to which each Preferred Unit is entitled under this Section 3.4(e). In the redemption of the Preferred Units, each Founding Member shall receive a whole dollar amount equal to the product of (x) the Preferred Unit Amount, times (y) the number of Preferred Units held by such Founding Member. The amount to be paid to each Founding Member in redemption and complete satisfaction of all of such Founding Member’s Preferred Units is set forth on Exhibit A. All of the issued and outstanding Preferred Units shall automatically terminate and cease to be outstanding on payment of the Preferred Unit Amount to which each Preferred Unit is entitled under this Section 3.4(e).
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Examples of Preferred Unit Amount in a sentence

  • In the redemption of the Preferred Units, each Founding Member shall receive a whole dollar amount equal to the product of (x) the Preferred Unit Amount, times (y) the number of Preferred Units held by such Founding Member.

  • All of the issued and outstanding Preferred Units shall automatically terminate and cease to be outstanding on payment of the Preferred Unit Amount to which each Preferred Unit is entitled under this Section 3.4(e).

  • The Company shall redeem each Class B Unit by paying in cash in amount equal to the Unreturned Preferred Unit Amount plus Unpaid Yield with respect to such Class B Unit (the total amount of such payment is hereinafter referred to as the “Class B Redemption Price”), from any source of funds legally available therefor paid in accordance with Section 4.13(b) below.

  • From and after the Redemption Price Determination Time, the holder of the Series P Preferred Unit shall have the right to have the Series P Preferred Unit redeemed by the Trust in whole and not in part pursuant to Section E of the Designations of the Series O Preferred Units, as if such holder held a number of Series O Preferred Units with an aggregate Stated Value equal to the Underlying Series O Preferred Unit Amount.

  • Pacey Fax: (▇▇▇)-▇▇▇-▇▇▇▇ $ 47,500,000 — — Schedule A-1 Purchaser and Address Committed Common Unit Amount Base Preferred Unit Amount Additional Preferred Unit Amount Triangle Peak Partners II, LP Attn: ▇▇▇▇▇▇▇ ▇.

Related to Preferred Unit Amount

  • Preferred Unit means a fractional share of the Partnership Interests that the General Partner has authorized pursuant to Sections 4.01, 4.03 or 4.04 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the OP Units.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.