Preferred Percentage Interest definition

Preferred Percentage Interest means the percentage ownership interest in the Preferred Partnership Units of each Partner, as determined by dividing the Preferred Partnership Units owned by a Partner by the total number of Preferred Partnership Units then outstanding.

Preferred Percentage Interest with respect to a series of Preferred Units, means the percentage ownership interest in the Preferred Units of each Member holding Preferred Units of such specified series, as determined by dividing the Preferred Units of such series owned by a Member by the total number of Preferred Units of that series then outstanding.

Preferred Percentage Interest means with respect to a Member as of any date of determination, the percentage determined by dividing the amount of Unrecovered Preferred Contribution of such Member on such date by the aggregate amount of Unrecovered Preferred Contributions of all Members on such date. The Preferred Percentage Interests as of the effective date of this Agreement are set forth opposite the names of the Members on Schedule 2 hereto.

Examples of Preferred Percentage Interest in a sentence

• We note that as further incentive to encourage the PRE Board to enter into the Merger Agreement, all holders of record of PRE Preferred Shares as of the Effective Time also received an inducement payment from Parent Guarantor equal to their pro rata share, determined in accordance with their PRE Preferred Percentage Interest, of approximately $42.7 million, which is the entire amount of 100 basis points of additional dividend payments for five years on all PRE Preferred Shares.

• The Series C Holders shall be entitled to receive with respect to each Series C Preferred Share owned by such holder its pro rata share, based upon its Series C Preferred Percentage Interest, of all distributions received by the Trust with respect to the Series C Trust Preferred Interests.

• The Series B Holders shall be entitled to receive with respect to each Series B Preferred Share owned by such holder its pro rata share, based upon its Series B Preferred Percentage Interest, of all distributions received by the Trust with respect to the Series B Trust Preferred Interests.

• Exhibit A Form of Assignment of Units B Form of Transferee’s Agreement SCHEDULE 1.3 Names, Addresses and Unit Ownership of Members Common Interest Preferred Interest Combined Member Number Percentage Interest Number Percentage Interest Overall Preferred Percentage Interest Overall Percentage Interest LIBERTY GLOBAL, INC.

• The Series A Holders shall be entitled to receive with respect to each Series A Preferred Share owned by such holder its pro rata share, based upon its Series A Preferred Percentage Interest, of all distributions received by the Trust with respect to the Series A Trust Preferred Interests.

More Definitions of Preferred Percentage Interest

Preferred Percentage Interest means, with respect to any Preferred Member as of any date, the ratio (expressed as a percentage) of the number of Preferred Units held by such Preferred Member on such date to the aggregate Preferred Units held by all Preferred Members on such date.

Preferred Percentage Interest means, with respect to each Preferred Member (or with respect to specified Preferred Interests owned by a Preferred Member), a fraction, expressed as a percentage, the numerator of which is the number of Preferred Interests owned by the Preferred Member (or the number of applicable specified Preferred Interests), and the denominator of which is the total number of outstanding Preferred Interests.

Preferred Percentage Interest means a Class A Preferred Member's percentage of the Class A Preferred Interests in the Company including such Class A Preferred Member's percentage of the net income, gain, loss, deductions and credits of the Company allocated to such Class A Preferred Members. The Preferred Percentage Interest and the initial Preferred Capital Account balance of each Class A Preferred Member, prior to any adjustments thereto required by the provisions of this Agreement, shall be as set forth on Schedule A attached hereto.

Preferred Percentage Interest means, with respect to any Preferred Member as of any date, the ratio (expressed as a percentage) of the number of Series A Preferred Units held by such Preferred Member (including any Series A2 Preferred Units into which Series B Preferred Units held by such Preferred Member would have been convertible into as of such date had such Series B Preferred Units been converted pursuant to Section 2.2) to the aggregate Series A Preferred Units held by all Preferred Members on such date (including any Series A2 Preferred Units into which Series B Preferred Units held by all Preferred Members would have been convertible into as of such date had such Series B Preferred Units been converted pursuant to Section 2.2).

Preferred Percentage Interest means with respect to any Preferred Member, the percentage that (a) is set forth opposite such Member’s name on Schedule A and labeled as such Preferred Member’s “Preferred Percentage Interest”, as such schedule may be amended from time to time to reflect changes in such percentage made in accordance with this Agreement, and (b) represents such Preferred Member’s share of the Company’s Profits and such Member’s rights to receive distributions in respect thereof in accordance with the provisions of this Agreement.

Preferred Percentage Interest means, with respect to any Holder, the quotient obtained by dividing the number of Preferred Units held by such Holder by the total number of Preferred Units issued and outstanding on the date hereof.

Preferred Percentage Interest means, with respect to any Preferred Member as of the time referred to herein, that Preferred Member’s percentage ownership of Preferred Units of the Company expressed as a percentage determined by dividing the total number of issued and outstanding Preferred Units in the Company into the number of Preferred Units owned by that Preferred Member. “Preferred Units” means a class of Units as provided for in this Agreement. “Regulation” shall mean the income tax regulations, including any temporary or proposed regulations, from time to time promulgated under the Code. “RVCA” means the Oklahoma Rural Venture Capital Formation Incentive Act, Tit. 68 O.S. §§2357.71 – 2357.76, as last amended in 2008 by Senate Xxxx 2129. “SBCC” shall have the meaning set forth in Section 2.4. “transfer” shall mean, when used in connection with the transfer of Units, any and all means by which a Member may be divested of Units including, but not limited to, divestment by sale, exchange, gift, assignment, grant of a security interest, or other form of conveyance, whether voluntary or involuntary, by operation of law or otherwise, during lifetime or at death. “Unit” means a unit of Membership Interest of a Member in the Company. “Venture” shall have the meaning set forth in Section 2.4. 1.2