Senior Preferred Membership Interests definition

Senior Preferred Membership Interests means the Senior Preferred Membership Interests issued pursuant to the LLC Agreement.
Sample 1Sample 2Sample 3
Senior Preferred Membership Interests the preferred membership ------------------------------------- interests of the Borrower designated Preferred A Interests, issued by the Borrower pursuant to its Operating Agreement.
Sample 1Sample 2
Senior Preferred Membership Interests means each series of Senior Preferred Membership Interests relating to the Series 2002-1 Investor Notes issued by the Issuer pursuant to the LLC Agreement. "SERIES 2002-1 SERIES SERVICING FEE PERCENTAGE" is defined in SECTION 5.1. "SERIES 2002-1 SUPPLEMENTAL SERVICING FEE" is defined in SECTION 5.1. "SERIES 2002-1 SETTLEMENT COLLECTION SUBACCOUNT" is defined in SECTION 5A.1(a).
Sample 1

Examples of Senior Preferred Membership Interests in a sentence

  • At ACL Holdings' option, Senior Preferred Membership Interests may be exchanged into current-pay subordinated notes containing the same features as such Membership Interests at any time contemporaneously with or following ACL Holdings' conversion to a Subchapter C corporation.

  • Participant 2 corroborated this data through the statement, “Because I had a part in choosing what I was working on, I was more motivated and focused.”Theme 2: Time Darling-Hammond and McLaughlin (2011) discuss the importance of teachers being allowed time to collaborate with other teachers, time to read, and time to learn within their own context.

  • ACL Holdings shall mandatorily redeem all Senior Preferred Membership Interests and Junior Preferred Membership Interests in year 15 at the amount of the Redemption Value (plus accrued and unpaid yield thereon) of such Membership Interests at such time.

  • The collective body of individuals assigned to the Executive Officer positions of President, Vice President, 2nd Vice President, Treasurer and Secretary are herein referred to as the “Executive Board”.

  • D4 The University reserves the right to reject any or all proposals and, in particular any proposals not containing complete data requested.

  • Each Series of Senior Preferred Membership Interests shall have the stated liquidation preference and designation set forth in the Action with respect to such Series of Senior Preferred Membership Interests.

  • The units of Senior Preferred Membership Interests (the “Senior Preferred Membership Units”) shall initially consist of 1,000 authorized units.

  • This Agreement shall be effective upon the issuance of the Series 1999-2 Senior Preferred Membership Interests and the simultaneous redemption in full of the Series 1999-1 Preferred Membership Interests on October 28, 1999.

  • It is based on the use of logarithmic variables, i.e., computational grids of the form s(2) =ε(n1) − ε(n1 − 1) ε(n1 − 1) − ε(n1 − 2) , (37)xn = x0 exp{nL/N }, yn = y0 exp{nL/N }, (38)−⌊ ⌋ ≤ ≤ ⌊ ⌋with grid index n in the range N/2 n N/2 , andL, N > 0.

  • Dividends on each Series of Senior Preferred Membership Interests shall be payable in United States dollars monthly in arrears on each Dividend Payment Date, commencing on the first Dividend Payment Date set forth in the Action with respect to such Series of Senior Preferred Membership Interests.

Related to Senior Preferred Membership Interests

  • Membership Units has the meaning set forth in the Recitals.

  • Membership Interests has the meaning set forth in the recitals.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

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

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

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by Parent (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

  • Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • 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.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • 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.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Class A Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

  • Common Units is defined in the Partnership Agreement.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Class B Preferred Stock means the Class B Cumulative Convertible Preferred Stock, par value $0.01 per share, of the Previous General Partner.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.