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.
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

  • For the avoidance of doubt, the number of shares of Common Stock issuable upon any Corporation Optional Conversion shall be determined by dividing (A) the Liquidation Preference of each Share being converted as of the Company Conversion Date by (B) the applicable Company Conversion Price.


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