Preferred Stock Liquidation Amount definition

Preferred Stock Liquidation Amount means, with respect to each share of Company Preferred Stock, the sum of (a) an amount equal to the Series 1 Original Purchase Price (as defined in the Restated Articles) or Series 2 Original Purchase Price (as defined in the Restated Articles), as applicable, of such share, as adjusted in accordance with the Restated Articles for stock splits, stock dividends or recapitalizations, plus (b) an amount equal to any dividends accrued but unpaid on such share calculated in accordance with the Restated Articles.
Sample 1
Preferred Stock Liquidation Amount means the aggregate Preferred Stock Liquidation Amounts payable to all holders of Series A Preferred Stock pursuant to Section 2.2(a).
Sample 1
Preferred Stock Liquidation Amount with respect to each share of Series A Convertible Preferred Stock of the Company shall be $0.70, with respect to each share of Series B Convertible Preferred Stock of the Company shall be $1.070281, with respect to each share of Series C Convertible Preferred Stock of the Company shall be $3.3449, and with respect to each share of Series D Convertible Preferred Stock of the Company shall be $5.5937.
Sample 1

Examples of Preferred Stock Liquidation Amount in a sentence

  • Any such prepayment shall be made in accordance with Section 4.2 hereof.

  • In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company, each Holder of Convertible Preferred Stock shall be entitled, in accordance with Sections 5(a)(ii) and 5(b) below, at such Holder's election, to (A) receive for each share of Convertible Preferred Stock the Convertible Preferred Stock Liquidation Amount (as defined below) or (B) participate in the payments to the Holders of Junior Stock under Section 5(b) on an as converted to Common Stock basis.

  • The term "Aggregate Preferred Stock Liquidation Amount" shall mean the aggregate Preferred Stock Liquidation Amounts payable to all holders of Series A Preferred Stock pursuant to Section 2.2(a).

  • In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company, each Holder of Convertible Preferred Stock shall be entitled, in accordance with Sections 5(a)(ii) and 5(b) below, at such Holder’s election, to (A) receive for each share of Convertible Preferred Stock the Convertible Preferred Stock Liquidation Amount (as defined below) or (B) participate in the payments to the Holders of Junior Stock under Section 5(b) on an as converted to Common Stock basis.

  • The term "Net Equity Value" shall mean the Gross ---------------- Enterprise Value minus the sum of (a) the Indebtedness Amount, (b) the Aggregate Preferred Stock Liquidation Amount and (c) the Aggregate LLC Preferred Return.

  • The Non-Voting 8% Preferred Stock Liquidation Amount shall be paid in cash to the extent the Corporation has cash available.

  • The Series A Preferred Stock, the Series A-1 Preferred Stock and the Series B Preferred Stock are sometimes collectively referred to in this Certificate as the "Preferred Stock." Liquidation Amount.

  • Each Redemption Notice shall state: (a) the number of shares of Preferred Stock held by the holder that the Corporation shall redeem on the Redemption Date specified in the Redemption Notice; (b) the Redemption Date and the Preferred Stock Liquidation Amount, as applicable; and (c) that the holder is to surrender to the Corporation, in the manner and at the place designated, his, her or its certificate or certificates representing the shares of Preferred Stock to be redeemed.

  • Each holder of Series Seed Preferred Stock shall have equal priority to each other with respect to the Series Seed Preferred Stock Liquidation Amount.

  • The “Applicable Preferred Stock Liquidation Amount” shall mean (a) Series A Preferred Stock Liquidation Amount with respect to Series A Preferred Stock, and (b) Series B Preferred Stock Liquidation Amount with respect to Series B Preferred Stock.


More Definitions of Preferred Stock Liquidation Amount

Preferred Stock Liquidation Amount means, with respect to each share of Preferred Stock, an amount equal to $0.0001.
Sample 1
Preferred Stock Liquidation Amount means the sum of $100.00 per share of Series A Preferred Stock (subject to equitable
Sample 1

Related to Preferred Stock Liquidation Amount

  • Series A Liquidation Preference means $25.00 per Series A Preferred Mirror Unit. The Series A Liquidation Preference shall be the “Liquidation Preference” with respect to the Series A Preferred Mirror Units.

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Series A Liquidation Value means the amount equal to the sum of (i) the Series A Issue Price, plus (ii) all Series A Unpaid Distributions, plus (iii) Series A Partial Period Distributions, in each case, with respect to the applicable Series A Preferred Unit.

  • 10% in Liquidation Amount means, with respect to the Trust Securities, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

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

  • Liquidation Amount means $1,000 per share of Designated Preferred Stock.

  • Initial Liquidation Preference means one thousand dollars ($1,000.00) per share of Convertible Preferred Stock.

  • Preference Amount means any amount previously distributed to an Owner on the Obligations that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.

  • Subordinate Liquidation Amount For any Distribution Date and each Loan Group, the excess, if any, of the aggregate Liquidation Principal of Mortgage Loans related to that Loan Group which became Liquidated Mortgage Loans during the prior calendar month over the related Senior Liquidation Amount for that Distribution Date.

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • Senior Liquidation Amount For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Loan which became a Liquidated Mortgage Loan during the Prior Period, of the lesser of: (i) the Senior Percentage of the Principal Balance of such Mortgage Loan and (ii) the Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan and (B) the Senior Prepayment Percentage of any Subsequent Recoveries for such Distribution Date.

  • Nominal Liquidation Amount means, notwithstanding anything to the contrary in the Indenture Supplement, with respect to the Class C(2020-5) Notes:

  • 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.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.

  • 10% in liquidation amount of the Securities means Holders of outstanding Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of such Preferred Stock.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Majority in Liquidation Amount of the Preferred Securities means a vote by the Holder(s), voting separately as a class, of more than fifty percent (50%) of the aggregate Liquidation Amount of all then outstanding Preferred Securities issued by the Issuer.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.