Series A-1 Preferred Units definition

Series A-1 Preferred Units has the meaning set forth therefor in Section 18.2 hereof.
Series A-1 Preferred Units means the Series A-1 Preferred Units of the Company.
Series A-1 Preferred Units is hereby established. The number of authorized Series A-1 Preferred Units shall be 455,476. Notwithstanding anything to the contrary in this Agreement, the Series A-1 Preferred Units shall be pari passu with the Preferred Units with respect to distributions and allocations.

Examples of Series A-1 Preferred Units in a sentence

  • The Series A Preferred Units and Series A-1 Preferred Units are non-cumulative, non-convertible, and non-voting classes of limited partnership interests in the Partnership for which the holder has an option to have the units redeemed on the sixth anniversary of the acquisition date and each subsequent anniversary thereafter.

  • Based on such information and analysis, the Investor has been able to make an informed decision to enter into this Agreement and acquire the Series A-1 Preferred Units.

  • The Investor is in such a financial condition that it has no need for liquidity with respect to the Series A-1 Preferred Units and no need to dispose of any portion of the Series A-1 Preferred Units acquired hereby to satisfy any existing or contemplated undertaking or indebtedness.

  • The Investor’s state of domicile, both at the time of the initial offer of the Series A-1 Preferred Units to the Investor and at the present time, was and is within the state set forth in the Investor’s address disclosed on this Agreement below.

  • The Investor hereby represents that, at the present time, the Investor could afford a complete loss of its investment in the Series A-1 Preferred Units.


More Definitions of Series A-1 Preferred Units

Series A-1 Preferred Units is defined in Section 3.2(a).
Series A-1 Preferred Units means a class of preferred units in Reorganized Holdings with a first priority liquidation preference equal to the amount of DIP Loan obligations actually funded by the DIP Lenders, which shall accrue a quarterly dividend preference return of 12% per annum.
Series A-1 Preferred Units means the Series A-1 Preferred Units of the Company. “Series A-2 Preferred Units” means the Series A-2 Preferred Units of the Company.
Series A-1 Preferred Units shall have the meaning ascribed to it in Section 3.2.
Series A-1 Preferred Units shall have the meaning set forth in the Recitals hereof.
Series A-1 Preferred Units means the Series A-1 Cumulative Convertible Preferred Partnership Units.
Series A-1 Preferred Units means Series A-1 Cumulative Convertible Preferred Partnership Units of the Partnership.