Preferred Stock Amount definition

Preferred Stock Amount means, in respect of any series of Preferred Shares, the sum, without duplication, of (x) the aggregate Liquidation Preference of the outstanding shares of such Preferred Shares as of the relevant measurement date and (y) the aggregate amount of any accumulated and unpaid dividends or other distributions in respect of the outstanding shares of such Preferred Shares as of the relevant measurement date.
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Preferred Stock Amount means the aggregate purchase price of Convertible Preferred Stock purchased by the Holder pursuant to the Preferred Stock Purchase Agreement.
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Preferred Stock Amount means an amount equal to the Acquiror Price times the number of shares of Acquiror Common Stock issued to the holders of the $4.50 Preferred Stock and the $7.40 Preferred Stock pursuant to the terms of SECTION 2.5 hereof. "PREFERRED STOCK CONVERSION NUMBER" means the result obtained by (x) subtracting from the Adjusted Common Equity Consideration the product of (i) the excess of (A) 7,000,000 over (B) the number of shares of Acquiror Common Stock issued in exchange for shares of $4.50 Preferred Stock and $7.40 Preferred Stock in the Merger and (ii) the Average Acquiror Price, (y) dividing the result obtained pursuant to clause (x) by the "Assigned Value" (as set forth in EXHIBIT B attached hereto) (being the liquidation value) of the Acquiror Preferred Stock and (z) dividing the result obtained pursuant to clause (y) by the number of shares of Tenneco Common Stock outstanding immediately prior to the Effective Time as certified to Acquiror by Tenneco's principal registrar and transfer agent. "RIGHTS" shall mean the preferred stock purchase rights issued pursuant to the Rights Agreement. "RIGHTS AGREEMENT" shall mean the Rights Agreement dated as of May 24, 1988, as amended and restated as of October 1, 1989, between Tenneco and First Chicago Trust Company of New York. "REGISTRATION STATEMENT" has the meaning set forth in SECTION 6.7 hereof. "REPLACEMENT D&O POLICY" has the meaning set forth in SECTION 6.4(D) hereof. "SECT" means the Stock Employee Compensation Trust currently maintained by Tenneco. "SECURITIES ACT" means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. "$7.40 PREFERRED STOCK" means the $7.40 Cumulative Preferred Stock of Tenneco. "$7.40 PREFERRED CONVERSION NUMBER" means the number of shares (rounded to the nearest one-thousandth of a share) of Acquiror Common Stock to be issued upon conversion of a single share of $7.40 6
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Examples of Preferred Stock Amount in a sentence

  • Not later than three days before the -------------------------- Closing, a Redeeming Stockholders' Representative, subject to CHS' reasonable approval, shall provide CHS with a good faith estimate of the Net Working Capital Amount (the "Estimated Net Working Capital Amount"), the Indebtedness ------------------------------------ Payment, the Kilovac Payment, the Debt, the Management Bonus Payment, and the Preferred Stock Amount.

  • January 3, 2002 Proposed Investment Terms Security: Convertible Preferred Stock Amount: $2,000,000 Term: Six Years from date of funding Dividend: 10% Annual Dividend - payable annually (in cash or in kind at option of company) Warrants: Warrants for 1,851,852 shares of AM common stock exercisable at $0.27 per share Conversion: Convertible into 7,407,407 shares of AM Common at $0.27 per share at the option of the holder Funding to occur: $1MM immediately and $1MM on or before April 1, 2002.

  • Any disputes by Seller with respect to the Buyer Preferred Stock Amount will be resolved by the Independent Expert in a manner consistent with Section 2.2(d)(iii).

  • An aggregate of 10,000,000 shares of New Common Stock will be (x) issued on the Effective Date to holders of Senior Note Claims, Convertible Note Claims, and Line of Credit Claims under the Plan and (y) reserved for issuance upon the conversion of the New Preferred Stock issued and outstanding as of the Effective Date (in an amount equal to the Total New Preferred Stock Amount) into New Common Stock.

  • If the Buyer Preferred Stock Amount exceeds the Estimated Preferred Stock Amount, Buyer will cause to be issued to Seller on the books of Buyer the number of shares of Buyer Preferred Stock equal to the amount of such excess divided by the Preferred Stock Purchase Price.

  • The Buyer has sufficient funds available to deliver the Initial Purchase Price, the Aggregate Preferred Stock Amount and the Settlement Amounts and to consummate the transactions contemplated by this Agreement.

  • If the Estimated Buyer Preferred Stock Amount exceeds the Buyer Preferred Stock Amount, Buyer will cause the number of shares of Buyer Preferred Stock equal to the excess divided by the Preferred Stock Purchase Price to be cancelled on the books of Buyer.

  • APPENDIX C NEW ANCHOR 10.0% CONVERTIBLE PREFERRED STOCK TERM SHEET Issuer: New Anchor ("Anchor") Security: 10.0% Convertible Preferred Stock Amount: $54.0 million Par Value: $25.00 per share Total Shares: 2.2 million shares Dividend: 10.0% cumulative dividend, payable quarterly in cash.

  • At the Effective Time, Parent will have sufficient funds available to satisfy, among other things, the obligation to pay (i) the Merger Consideration, (ii) the Preferred Stock Amount, (iii) the Debt Amount, (iv) the Option Payment Amount, and (v) the payment of all expenses incurred by Parent or Sub in connection with the transactions contemplated hereby.

  • At least three business days prior to the Closing Date, the chief financial officer of the Company shall certify in writing to Buyer the amount of the Aggregate Preferred Stock Amount provided for in Section 2.2.1 as of the Closing Date.


More Definitions of Preferred Stock Amount

Preferred Stock Amount means the aggregate amount payable ---------------------- pursuant to Section 3.4(a)(i) in respect of the CII Preferred Stock.
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Preferred Stock Amount means the quotient obtained by dividing (a) the product of the Preferred Equity Value and 95% by (b) the Determination Price; provided, however, that such amount shall be increased, if necessary, consistent with Section 2.6 hereof.
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Preferred Stock Amount means $1,300,000.
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Preferred Stock Amount means an amount equal to the Acquiror Price times the number of shares of Acquiror Common Stock issued to the holders of the $4.50 Preferred Stock and the $7.40 Preferred Stock pursuant to the terms of SECTION 2.5 hereof.
Sample 1
Preferred Stock Amount means, as of a given date in respect of any series of Preferred Stock, the sum, without duplication, of (x) the aggregate Liquidation Preference of the outstanding shares of such Preferred Stock as of such date and (y) the aggregate amount of any accrued and unpaid dividends or other distributions in respect of the outstanding shares of such Preferred Stock as of such date.
Sample 1
Preferred Stock Amount has the meaning set forth in the Recitals. “Property” means any real property owned or leased by the Company or any controlled Affiliate or Subsidiary of the Company.
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Related to Preferred Stock Amount

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of such Preferred Stock.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Qualified Preferred Stock means any preferred capital stock of Holdings or Lead Borrower so long as the terms of any such preferred capital stock (x) do not contain any mandatory put, redemption, repayment, sinking fund or other similar provision prior to the 91st day after the Latest Maturity Date as of the date such Qualified Preferred Stock was issued other than (i) provisions requiring payment solely (or with provisions permitting Holdings or Lead Borrower, as applicable, to opt to make payment solely) in the form of common Equity Interests, Qualified Preferred Stock of Holdings or Lead Borrower or cash in lieu of fractional shares, as applicable, or any Equity Interests of any direct or indirect Parent Company of Holdings or Lead Borrower, as applicable, (ii) provisions requiring payment solely as a result of a change of control or asset sale, so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale are subject to the payment in full of all Obligations in cash (other than unasserted contingent indemnification obligations) or such payment is otherwise permitted by this Agreement (including as a result of a waiver or amendment hereunder) and (iii) with respect to preferred capital stock issued to any plan for the benefit of employees of Holdings or Lead Borrower, as applicable, or its Subsidiaries or by any such plan to such employees, provisions requiring the repurchase thereof in order to satisfy applicable statutory or regulatory obligations and (y) give Holdings or Lead Borrower the option to elect to pay such dividends or distributions on a non-cash basis or otherwise do not require the cash payment of dividends or distributions at any time that such cash payment is not permitted under this Agreement or would result in an Event of Default hereunder.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.