Preferred Base Amount definition

Preferred Base Amount means, with respect to a Preferred Partner, the amount of Capital Contributions made by such Partner with respect to the Preferred Units held by such Partner.
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Preferred Base Amount is defined in Annex A.
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Preferred Base Amount means $1,000 per Class P Unit.
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Examples of Preferred Base Amount in a sentence

  • If the Preferred Base Amount or the Compounded Return is reduced by any redemption or repurchase of a Class P Unit pursuant to Section 4 or Section 5 or pursuant to an RP Election (collectively, “Prior Preferred Redemptions”) made between Distribution Payment Dates, from such date of payment the Preferred Return shall accrue at the Applicable Distribution Rate on the basis of such reduced sum of the Preferred Base Amount and Compounded Return.

  • Any indemnification of the Iris Indemnified Parties pursuant to Section 9.03(i) with respect to the first $5,000,000 of payments pursuant thereto shall be effected by delivery (based on identical proportions of Parent Common Stock and Parent Preferred Stock in which such shares were issued to the applicable Iris Indemnified Party as part of the merger consideration, and at the Parent Common Base Amount or Parent Preferred Base Amount, as applicable) of additional Parent Capital Stock.


More Definitions of Preferred Base Amount

Preferred Base Amount means the Original Issue Price of the Preferred Units (as adjusted for any recapitalization or exchange of such Preferred Units), and any subdivision (by split or otherwise) or any combination (by reverse split or otherwise).
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Related to Preferred Base Amount

  • Class C Invested Amount means, when used with respect to any date, an amount equal to (a) the Class C Initial Invested Amount minus (b) the amount of principal payments made to Class C Noteholders on or prior to such date.

  • Class Principal Distribution Amount As to each RCR Class, an amount as to principal equal to (i) the concurrent distribution of principal in respect of the related REMIC Class or Classes multiplied by (ii) a fraction the numerator of which is the Aggregate Denomination of such RCR Class and the denominator of which is the Initial Authorized Denomination of such RCR Class. Code: The Internal Revenue Code of 1986, as amended, including any successor or amendatory provisions.

  • Class Invested Amount means, with respect to any Class for any Distribution Date, an amount equal to the Class Initial Investor Interest minus the sum of (a) the aggregate amount of payments of Certificate Principal paid to such Class of Investor Certificateholders, in each case prior to such Distribution Date, (b) the aggregate amount of Investor Losses of such Class not reimbursed prior to such Distribution Date and (c) the aggregate amount of losses of principal on investments of funds on deposit for the benefit of such Class in the Series Principal Funding Account, if applicable.

  • Class D Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class D Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class D Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class D Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class D Invested Amount under Section 4.4 of the Indenture Supplement before that date.

  • Formula Principal Distribution Amount means, as of any Remittance Date, the sum of: