Series A Redemption Price definition

Series A Redemption Price has the meaning set forth in Section 16.6(a).

Series A Redemption Price means a price per Series A Preferred Unit equal to the product of 105% and the sum of (A) the Series A Issue Price, (B) Series A Unpaid Distributions on the applicable Series A Preferred Unit and (C) Series A Partial Period Distributions on the applicable Series A Preferred Unit.

Series A Redemption Price has the meaning given such term in Section 5.12(c)(iii)(B).

Examples of Series A Redemption Price in a sentence

• The shares have an 8% annual dividend, accruing automatically, and will be automatically redeemed three years after closing.Holders of the Series A Preferred Shares may convert, at any time, the Series A Preferred Shares into that number of fully paid and non-assessable common shares equal to the then applicable Series A Redemption Price divided by the conversion price of $0.24 per share.

• Notwithstanding any Series A Redemption Notice, there shall be no redemption of any Series A Preferred Units called for redemption until funds sufficient to pay the full Series A Redemption Price of such Series A Preferred Units shall have been deposited by the Partnership with the Paying Agent.

• Holders of the Series A Preferred Shares may convert, at any time, the Series A Preferred Shares into that number of fully paid and non-assessable common shares equal to the then applicable Series A Redemption Price divided by the conversion price of $0.24 per share.

• The Partnership shall effect any such redemption by paying cash for each Series A Preferred Unit to be redeemed equal to the then applicable Series A Redemption Price on such Series A Redemption Date.

• So long as the Series A Preferred Units are held of record by the nominee of the Depository, the Series A Redemption Price shall be paid by the Paying Agent to the Depository on the Series A Redemption Date.

More Definitions of Series A Redemption Price

Series A Redemption Price means an amount per Series A Preferred Unit equal to the Minimum Return Amount applicable to such Series A Preferred Unit.

Series A Redemption Price has the meaning set forth in Section 6.02(f) hereof.

Series A Redemption Price has the meaning set forth in Section 4.5(e)(i).

Series A Redemption Price means the redemption price (expressed as a percentage of the Series A Issue Price) set forth below, plus accrued and unpaid distributions, if any, on the Series A Preferred Units redeemed to the applicable Series A Redemption Date, if redeemed during any twelve-month period commencing on February 2 of the applicable year indicated below, beginning on February 2, 2019: YEAR PERCENTAGE 2019 130.00 % 2020 125.50 % 2021 121.00 % 2022 116.50 % 2023 112.00 % 2024 107.50 % 2025 103.00 % 2026 100.00 % , provided, however, that notwithstanding the percentages set forth in the table above, if at any time beginning on February 2, 2019 and ending on February 2, 2023, the Series A Conversion Rate is greater than 1.2632, the Series A Redemption Price shall be 116.50% of the Series A Issue Price, plus accrued and unpaid distributions, if any, on the Series A Preferred Units redeemed to the applicable Series A Redemption Date.

Series A Redemption Price has the meaning set forth in Section 12.2(c).

Series A Redemption Price means an amount equal to the Average VWAP for the 20 Trading Day period ending on the date immediately preceding the Series A Redemption Notice Date.

Series A Redemption Price means an amount equal to $10.00 per Series A Preferred Unit, plus an amount equal to all declared and unpaid Series A Distributions with respect to each such Series A Preferred Unit to the Series A Redemption Date.