Unpaid Yield definition

Unpaid Yield shall have the meaning given in the LLC Agreement.

Unpaid Yield on (i) any Class A Common Unit means, as of any date, an amount equal to the excess, if any, of (A) the aggregate Yield accrued on such Class A Common Unit prior to such date, over (B) the aggregate amount of prior Distributions made by the Company on such Class A Common Unit pursuant to Section 7.2(d), and (ii) on any Series A Preferred Unit, as of any date, an amount equal to the excess, if any, of (A) the aggregate Yield accrued on such Series A Preferred Unit prior to such date, over (B) the aggregate amount of prior Distributions made by the Company on such Series A Preferred Unit pursuant to Section 7.2(b).

Unpaid Yield means, (i) with respect to each share of Series A Preferred Stock, an amount equal to the excess, if any, of (a) the Yield accrued on such share since the most recent Dividend Payment Date, over (b) the aggregate amount of Distributions made by the Corporation since the most recent Dividend Payment Date that constitute payment of Yield on such share, (ii) with respect to each share of Series B-1 Preferred Stock, an amount equal to the excess, if any, of (a) the Yield accrued on such share since the most recent Dividend Payment Date, over (b) the aggregate amount of Distributions made by the Corporation since the most recent Dividend Payment Date that constitute payment of Yield on such share, (iii) with respect to each share of Series B-2 Preferred Stock, an amount equal to the excess, if any, of (a) the aggregate Yield accrued on such share since the Issue Date, over (b) the aggregate amount of Distributions made by the Corporation that constitute payment of Yield on such share, and (iv) with respect to each share of Class L Common Stock, an amount equal to the excess, if any, of (a) the aggregate Yield accrued on such share since the Issue Date, over (b) the aggregate amount of Distributions made by the Corporation that constitute payment of Yield on such share.

Examples of Unpaid Yield in a sentence

• Subject to a participation threshold, if any, each holder of Class B PIUs is entitled to its pro rata share of proceeds from a Change in Control of Adenza Parent after satisfaction of all liabilities and payment to the holders of Class A Units of the Class A Unreturned Capital and Class A Unpaid Yield, each as defined in the Second Amended and Restated Limited Partnership Agreement of Adenza Parent.

• Any Series N Preferred Unit Quarterly Distribution that is not paid under this Section 7.02(c) or Section 7.03(a)(i) on or prior to a Preferred Unit Distribution Payment Date shall be included in the calculation of the Series N Preferred Unit Unpaid Yield that accrues in each compounding period thereafter until such Series N Preferred Unit Quarterly Distribution is paid in full.

• From and after the date of issuance of any Series A Preferred Unit, a quarterly Distribution shall be payable, whether or not declared by the Board, on each Series A Preferred Unit (a “Series A Preferred Unit Quarterly Distribution”) in an amount equal to the Series A Preferred Unit Unpaid Yield on such Series A Preferred Unit as of the date of such quarterly Distribution.

• The LLC shall be required to redeem all Class A Preferred Units with respect to which such redemption requests have been made at a price per Class A Preferred Unit equal to the sum of the Class A Unpaid Yield plus the Class A Unreturned Capital with respect to such Unit within 20 days after receipt of the initial redemption request.

• Any Series A Preferred Unit Quarterly Distribution that is not paid under this Section 7.02(a) or Section 7.03(a)(i) on or prior to a Preferred Unit Distribution Payment Date shall be included in the calculation of the Series A Preferred Unit Unpaid Yield that accrues in each compounding period thereafter until such Series A Preferred Unit Quarterly Distribution is paid in full.

More Definitions of Unpaid Yield

Unpaid Yield has the meaning set forth in the LLC Agreement. ------------

Unpaid Yield means the "Unpaid Yield" as defined in the Company's ------------ Certificate of Incorporation.

Unpaid Yield as defined in the Company's ------------ Certificate of Incorporation.

Unpaid Yield means, as of any time of determination with respect to any share of Class A Common, an amount equal to the excess, if any, of (i) the aggregate Yield accrued and accumulated on such share as of such time over (ii) the aggregate amount of Distributions made by the Corporation prior to such time that constitute payment of Yield on such share pursuant to paragraph 2(a)(i) of Section B, above.

Unpaid Yield of any share of Common Stock means an amount equal to the excess, if any, of (a) the aggregate Yield accrued on such share, over (b) the aggregate amount of Distributions made by the Corporation that constitute payment of Yield on such share.

Unpaid Yield on any Class A Unit means, as of any date, an amount ------------ equal to the excess, if any, of (a) the aggregate Yield accrued on such Class A Unit prior to such date, over (b) the aggregate amount of prior Distributions made on such Class A Unit by the Company pursuant to Section 7.1(a).

Unpaid Yield of any share of Class L Common Stock means an amount equal ------------ to the excess, if any, of (a) the aggregate Yield accrued on such share, over (b) the aggregate amount of Distributions made by ChipPAC California that constitute payment of Yield on such share.