Priority Return

Example Definitions of "Priority Return"
Priority Return. Means an amount equal to 6.875% per annum, of the Liquidation Preference per Series I Preferred Unit, commencing on the date of issuance of such Series I Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series I Preferred Unit Distribution Payment Date (as defined below).
All Definitions