Liquidation Preference Amount definition

Liquidation Preference Amount means $25,000 per share of Series A Preferred Stock.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Liquidation Preference Amount means with respect to any Preferred Unit, the amount payable with respect to such Preferred Unit pursuant to the applicable Partnership Unit Designation upon the voluntary or involuntary dissolution, liquidation or winding up of the Partnership, as the case may be, as determined under the applicable Partnership Unit Designation.

Liquidation Preference Amount has the meaning set forth in Section 8.01 hereof.

Examples of Liquidation Preference Amount in a sentence

• With respect to each Payment Period, Capital Payments shall be payable on the Liquidation Preference Amount of each Trust Preferred Security at the Stated Rate to the extent funds are available to the Trust to make such Capital Payments.

• The Regular Trustees shall call a meeting of the Holders of such class if directed to do so by the Holders of at least 10% in Liquidation Preference Amount or liquidation amount, as applicable, of such class of Trust Securities.

• Upon surrender for registration of exchange of a Certificate, subject to the conditions to transfer set forth in this Agreement, the Regular Trustees and the Property Trustee shall execute, authenticate and deliver pursuant to the applicable provisions of this Agreement, a new Certificate of like aggregate Liquidation Preference Amount or liquidation amount, as applicable, as the Certificate surrendered for exchange.

• In the event of any Liquidation Event, after the payment or setting aside for payment to the holders of Flash Preferred of the full Liquidation Preference Amount, the entire remaining assets of the Corporation legally available for distribution shall be distributed pro rata to holders of the Common Stock of the Corporation in proportion to the number of shares of Common Stock held by them.

• Notwithstanding any other provision of this Agreement, for each Partnership Year, Partnership gross income shall be specially allocated to the Preferred Limited Partners in an amount equal to the distributions received by the Preferred Limited Partners pursuant to Section 5.1(i) hereof for such Partnership Year (other than any distributions that are treated as being in satisfaction of the Liquidation Preference Amount for any Preferred Limited Partner Interest).

More Definitions of Liquidation Preference Amount

Liquidation Preference Amount means the Liquidation Preference Amount of 5 1,000 per Trust Pre- ferred Security.

Liquidation Preference Amount. ’ means the Liquidation Preference Amount of E 1,000 per Trust Preferred Security.

Liquidation Preference Amount means, with respect to any Preferred Partnership Unit, the amount payable with respect to such Preferred Partnership Unit (as established by the instrument designating such Preferred Partnership Unit) upon the voluntary or involuntary dissolution, liquidation or winding up of the Partnership, or upon the earlier redemption of such Preferred Partnership Units, as the case may be.

Liquidation Preference Amount means, with respect to a Preferred Share, the Liquidation Value for such Preferred Share plus all accumulated and accrued but unpaid dividends on such Preferred Share.

Liquidation Preference Amount means with respect to any Preferred Limited Partner Interest, the amount payable with respect to such Preferred Limited Partner Interest (as established by the General Partner at the time of issuance thereof and set forth in the Designation Instrument with respect to such Preferred Limited Partner Interest made a part of this Agreement as set forth in Section 4.5.F hereof) upon the voluntary or involuntary dissolution, liquidation, winding-up or termination of the Partnership, or upon the stated maturity of such Preferred Limited Partner Interest or upon the earlier redemption of such Preferred Limited Partner Interests, as the case may be, other than in any such case any accrued and unpaid distributions payable at such time.

Liquidation Preference Amount means one cent ($0.01) per share of Series A Preferred Stock.

Liquidation Preference Amount has the meaning specified in Section 4(a).