Preferred Amount definition
Examples of Preferred Amount in a sentence
For the avoidance of doubt, the parties hereby acknowledge and agree that, as of September 30, 2005, (1) the Convertible Preferred Amount (as defined in the Certificate of Designations), which includes all dividends that accrued on the Preferred Stock to such date, was $124,630,175 and (2) the Preferred Stock was convertible by the Stockholders (excluding fractional shares) into an aggregate of 5,182,125 shares of Parent Common Stock.
The following increases or decreases in this Global Preferred Security have been made: Number of Preferred Amount of decrease Amount of increase Securities evidenced in Number of in Number of by this Preferred Securities Preferred Securities Global Preferred evidenced by this evidenced by this Security following Signature of Global Preferred Global Preferred such authorized officer Date Security Security decrease or increase of Agent -------------------- 2 Insert in Global Preferred Securities only.
Labor claims consist of rights granted to certain labor groups under compromises and settlements pursuant to which such groups are to receive on the Effective Date an aggregate amount of shares of AA Group Common Stock equal to the product of (x) Total Preferred Amount (as defined in Exhibit A hereto) divided by the Preferred Conversion Cap and (y) the ratio of 0.236 and 0.764 (the “Initial Labor Common Stock Allocation”).
Except for Distributions incident to the ----------------------- Company's Dissolution and Liquidation (which will be governed by 12.4), and except as provided in 3.11, Available Cash will be distributed quarterly to the Members in the following order and priority: [a] First, 100% to the Fox Member until the cumulative amount so distributed for all Fiscal Years is equal to the Fox Preferred Amount; and [b] Thereafter, to the Members in accordance with their Ownership Interests.
Seller shall prepare and deliver a revised and final Closing Statement as of the Closing Date to reflect the Company’s actual calculations of Closing Date Cash, Closing Date Debt, Closing Date Selling Expenses and the Preferred Amount.