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
The Series D Preferred Shares may be redeemed at any time on or after October 30, 2026, in the Issuer’s sole option, in whole or, from time to time, in part, out of funds legally available for such redemption, at the Liquidation Preference plus an amount equal to accumulated but unpaid dividends, if any, on such Shares (whether or not earned or declared, but excluding interest on such dividends) to, but excluding, the date fixed for such redemption.
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).