Examples of Preferred Liquidation Amount in a sentence
The aggregate amount which a holder of a share of Series A Preferred is entitled to receive for each share of Series A Preferred under Subsections 3(b) and 3(c) is hereinafter referred to as the “Series A Preferred Liquidation Amount” and together with the Series B Preferred Liquidation Amount, the “Preferred Liquidation Amount”.
The combined aggregate Series A-4 Per Share Liquidation Amount and Junior Preferred Liquidation Amount payable pursuant to Section 2(a)(iv) and Section 2(a)(v) shall not exceed forty eight million dollars ($48,000,000) (the “Liquidation Cap”).
Upon the payment of the Series Seed and Series A Preferred Liquidation Amount in full, the holders of Series Seed Preferred Stock and Series A Preferred Stock shall not be entitled to any further payment under this Section 2.2.
Upon receipt of a Redemption Request, the Corporation shall calculate the aggregate amount due to holders of the Preferred Stock if the applicable Total Preferred Liquidation Amount were distributed in full to such holders pursuant to Subsections 2.1 and 2.2 (such amount, the “Aggregate Redemption Amount”) and shall apply all of its assets to any such redemption, and to no other corporate purpose, except to the extent prohibited by Delaware law governing distributions to stockholders.
The Netherlands Government considers that, in this case, the operating costs should be regarded as investmentcosts for staff training.