Applicable Liquidation Preference definition
Examples of Applicable Liquidation Preference in a sentence
API will have the option, exercisable at any time, to purchase from AFI all of the Acquired Films theretofore acquired by AFI for a cash purchase price equal to the greater of (i) the aggregate Fair Market Value of such Acquired Films and (ii) the sum of (x) all unpaid Obligations plus (y) the Applicable Liquidation Preference as of the purchase date.
Distributor acknowledges that Investors' indemnity hereunder is subordinate to the repayment in full of (i) all of Investors' Obligations as such term is defined in to the Credit Agreement and (ii) the Trustee's Expenses, Quarterly Payment Amounts and Applicable Liquidation Preference (as such terms are defined in the Trust Agreement).
The Quarterly Dividends payable per share of Series A for each Quarterly Dividend Period shall be computed by multiplying the Applicable Liquidation Preference for such Quarterly Dividend Period by 1.375%.