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

Holders of not less than a majority in aggregate Liquidation Preference of the Outstanding Preferred Securities may on behalf of the Holders of all of the Preferred Securities, by Act, waive any past Enforcement Event that results from a breach by the Company of a Performance Obligation.
This Preferred Security is one of the series designated on the face hereof, limited to an aggregate Liquidation Preference of $1,000,000,000, which amount may be increased at the option of the Company if in the future it determines that it may wish to issue additional Preferred Securities of this series.
Holders of a majority of the aggregate Liquidation Preference of the Outstanding Preferred Securities shall not be entitled to waive (i) any past Enforcement Event that results from a Liquidation Event and (ii) any Enforcement Event in respect of a covenant or provision of the Indenture which under Article 10 of the Contingent Convertible Preferred Securities Indenture cannot be modified or amended without the consent of the Holder of each Outstanding Preferred Security affected.
The “Redemption Price” is, per Preferred Security, the Liquidation Preference plus, if applicable, where not cancelled or deemed cancelled pursuant to, or otherwise subject to the limitations on payment set out herein, an amount equal to any accrued and unpaid Distributions for the then-current Distribution Period to (but excluding) the Redemption Date of the Preferred Securities.
Except as provided in this paragraph with respect to fractions, the number of Common Shares to be issued on Conversion in respect of each Preferred Security to be converted shall be determined by dividing the Liquidation Preference of such Preferred Security by the relevant Conversion Price in effect on the relevant Conversion Notice Date rounded down to the nearest whole number of Common Shares.

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).