Liquidation Preference definition

Liquidation Preference means, with respect to any Series, the amount specified as the liquidation preference per share for that Series in the Appendix for such Series.

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Liquidation Preference has the meaning set forth in Section 4(a).

Liquidation Preference with respect to a given number of VMTP Shares, means $100,000 times that number.

Examples of Liquidation Preference in a sentence

If the date of redemption or repayment is not a Business Day, the Company may pay Distributions and the Liquidation Preference on the next succeeding Business Day, but Distributions on that payment will not accrue during the period from and after the date of redemption or repayment.
To the extent that any PIK Dividend would result in the issuance of a fractional share of Series E Preferred Stock to any Holder, then the amount of such fraction multiplied by the Liquidation Preference shall be paid in cash (unless there are no legally available funds with which to make such cash payment, in which event such cash payment shall be made as soon as possible thereafter).
If the Liquidation Preference has been paid in full to all Holders of Series D Preferred Stock and the corresponding amounts payable with respect of any other stock of the Corporation ranking equally with Series D Preferred Stock as to such distribution has been paid in full, the Holders of the Series D Preferred Stock will have no right or claim to any of the remaining assets of the Corporation (or proceeds thereof).
If the assets of the Corporation available for distribution are insufficient to pay in full the Liquidation Preference, the Holders shall share ratably in such distribution in proportion to the full Liquidation Preference amounts to which they would otherwise be entitled.
Upon any Liquidation Event, the Holders shall be entitled to receive, prior and in preference to any distribution to the holders of Common Stock (or any junior securities), the Liquidation Preference for each share of Series A Preferred Stock held, payable in cash.

More Definitions of Liquidation Preference

Liquidation Preference means $1,000 per share of Series A Preferred Stock.

Liquidation Preference shall have the meaning ascribed to it in Section 5(a).

Liquidation Preference means, with respect to any share of Series A Preferred Stock, as of any date, $1,000 per share.

Liquidation Preference means, with respect to each share of Series A Preferred Stock, at any time, $1,000.

Liquidation Preference means, as to the Series F Preferred Stock, $1,000 per share (as adjusted for any split, subdivision, combination, consolidation, recapitalization or similar event with respect to the Series F Preferred Stock).

Liquidation Preference with respect to a given number of VRDP Shares, means $100,000 times that number.

Liquidation Preference means $2.8304 per share for the Series A Preferred Stock, $3.09636 per share for the Series A-1 Preferred Stock, $7.5335 per share for the Series B Preferred Stock, $12.321756 per share for the Series C Preferred Stock and $13.753792 per share for the Series D Preferred Stock (each subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein).