Final Liquidation Preference definition
Examples of Final Liquidation Preference in a sentence
If, following an Absence of Suitable Indices Event, AH4R exercises its option to redeem the 5.000% Series B Participating Preferred Shares as provided in Section 7(c) of the Articles Supplementary, the Partnership shall redeem all of the 5.000% Series B Participating Preferred Units for cash at a redemption price equal to the Final Liquidation Preference (the “Absence of Suitable Indices Redemption Right”).
If, following an Absence of Suitable Indices Event, AH4R exercises its option to redeem the 5.000% Series A Participating Preferred Shares as provided in Section 7(c) of the Articles Supplementary, the Partnership shall redeem all of the 5.000% Series A Participating Preferred Units for cash at a redemption price equal to the Final Liquidation Preference (the “Absence of Suitable Indices Redemption Right”).
If, following an Absence of Suitable Indices Event, AH4R exercises its option to redeem the [ ]% Series C Participating Preferred Shares as provided in Section 7(c) of the Articles Supplementary, the Partnership shall redeem all of the [ ]% Series C Participating Preferred Units for cash at a redemption price equal to the Final Liquidation Preference (the “Absence of Suitable Indices Redemption Right”).
If Parent exercises its Optional Redemption Right (as defined in the Series B Articles Supplementary) with respect to any share of Series B Participating Preferred Stock after September 30, 2021 but prior to September 30, 2024, the Partnership shall redeem a Series B Participating Preferred Partnership Unit by making a payment to the Parent for such purpose in an amount equal to the Final Liquidation Preference plus the Premium Amount (as defined in the Series B Articles Supplementary).
If Parent exercises its Absence of Suitable Indices Event Redemption Right (as defined in the Series B Articles Supplementary), the Partnership shall redeem a Series B Participating Preferred Partnership Unit by making a payment to the Parent for such purpose in an amount equal to the Final Liquidation Preference.
If, following an Absence of Suitable Indices Event, AH4R exercises its option to redeem the 5.500% Series C Participating Preferred Shares as provided in Section 7(c) of the Articles Supplementary, the Partnership shall redeem all of the 5.500% Series C Participating Preferred Units for cash at a redemption price equal to the Final Liquidation Preference (the “Absence of Suitable Indices Redemption Right”).