Liquidation Preference Definition Example with 6 Variations
This page contains an example definition of Liquidation Preference, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Liquidation Preference. Means, with respect to the Series P Preferred Units (as defined below), $25.00 per Series R Preferred Unit, plus the amount of any accumulated and unpaid Priority Return (as defined below) with respect to such Series R Preferred Unit, whether or not declared, minus any distributions in excess of the Priority Return that has accrued with respect to such Series R Preferred Units, to the date of payment.
Found in
PS Business Parks, Inc. contract
Variations
Liquidation Preference. Means, means, with respect to the Series P U Preferred Units (as defined below), $25.00 per Series R U Preferred Unit, plus the amount of any accumulated and unpaid Priority Return (as defined below) with respect to such Series R U Preferred Unit, whether or not declared, minus any distributions in excess of the Priority Return that has accrued with respect to such Series R U Preferred Units, to the date of payment.
Found in
PS Business Parks, Inc. contract
Liquidation Preference. Means, means, with respect to the Series P T Preferred Units (as defined below), $25.00 per Series R T Preferred Unit, plus the amount of any accumulated and unpaid Priority Return (as defined below) with respect to such Series R T Preferred Unit, whether or not declared, minus any distributions in excess of the Priority Return that has accrued with respect to such Series R T Preferred Units, to the date of payment.
Found in
PS Business Parks, Inc. contract
Liquidation Preference. Means, means, with respect to the Series P S Preferred Units (as defined below), $25.00 per Series R S Preferred Unit, plus the amount of any accumulated and unpaid Priority Return (as defined below) with respect to such Series R S Preferred Unit, whether or not declared, minus any distributions in excess of the Priority Return that has accrued with respect to such Series R S Preferred Units, to the date of payment.
Found in
PS Business Parks, Inc. contract
Liquidation Preference. Means, means, with respect to the Series P Preferred Units (as defined below), $25.00 per Series R P Preferred Unit, plus the amount of any accumulated and unpaid Priority Return (as defined below) with respect to such Series R P Preferred Unit, whether or not declared, minus any distributions in excess of the Priority Return that has accrued with respect to such Series R P Preferred Units, to the date of payment.
Found in
PS Business Parks, Inc. contract
Liquidation Preference. Means, means, with respect to the Series P I Preferred Units (as defined below), $25.00 per Series R I Preferred Unit, plus the amount of any accumulated and unpaid Priority Return (as defined below) with respect to such Series R I Preferred Unit, whether or not declared, minus any distributions in excess of the Priority Return that has accrued with respect to such Series R I Preferred Units, to the date of payment.
Found in
PS Business Parks, Inc. contract
Liquidation Preference. Means, means, with respect to the Series P O Preferred Units (as defined below), $25.00 per Series R O Preferred Unit, plus the amount of any accumulated and unpaid Priority Return (as defined below) with respect to such Series R O Preferred Unit, whether or not declared, minus any distributions in excess of the Priority Return that has accrued with respect to such Series R O Preferred Units, to the date of payment.
Found in
PS Business Parks, Inc. contract
