Series A-1 Preference Amount definition

Series A-1 Preference Amount means, with respect to each share of Company Series A-1 Preferred Stock outstanding immediately prior to the Effective Time, the Liquidation Preference.
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Series A-1 Preference Amount means $0.284 per share of Series A-1 Preferred Stock.
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Series A-1 Preference Amount has the meaning set forth in Section 10.1(iv) hereof.
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Examples of Series A-1 Preference Amount in a sentence

  • Subject to the occurrence of the Acceptance Date, on the Payment Date, Purchaser will purchase the Stockholder’s Shares that are Preferred Shares for a price per share in cash equal to the Series A-1 Preference Amount (as defined in the Certificate of Designations) calculated as of the day immediately preceding the Payment Date.

  • The shares of Series A-1 Preferred to be redeemed on the Redemption Date shall be redeemed by paying for each such share in cash an amount equal to Series A-1 Preference Amount (the “Redemption Price”).

  • If the Company has insufficient assets to permit payment of the Series A-1 Preference Amount in full to all holders of Series A-1 Preferred Shares, then the assets of the Company shall be distributed ratably to the holders of the Series A-1 Preferred Shares in proportion to the full Series A-1 Preference Amount each such holder of Series A-1 Preferred Shares would otherwise be entitled to receive under this Section 2(b).

  • For the avoidance of doubt, the Series A-1 Preference Amount shall not include any declared dividends accrued on the Series A-1 Preferred Shares, regardless of whether paid or unpaid.

  • The shares of Series A-1 Preferred to be redeemed on the Put Date shall be redeemed by paying for each such share in cash an amount equal to Series A-1 Preference Amount (the “Put Price”).

  • If the assets and funds thus distributed among the holders of the Series A-1 Preferred Shares shall be insufficient to permit the payment to such holders of the full Series A-1 Preference Amount, then the entire assets and funds of the Company legally available for distribution shall be distributed ratably among the holders of the Series A-1 Preferred Shares in proportion to the aggregate Series A-1 Preference Amount each such holder is otherwise entitled to receive pursuant to this subparagraph (1).

  • In case of any public offering of the Ordinary Shares of the Company (or depositary receipts or depositary shares therefor) that is not a Qualified IPO, each holder of the Preferred Shares may, at its own discretion, receive a cash payment equal to the Series A Preference Amount or Series A-1 Preference Amount as determined in accordance with Article 8.2A(1) and convert its Preferred Shares into fully-paid non assessable Ordinary Shares based on the then-effective Conversion Price.

  • If the assets and funds of the Company thus distributed among the Series A-1 Preferred Holders shall be insufficient to permit the payment to such holders of the Series A-1 Preference Amount in full, then the entire assets and funds of the Company legally available for distribution shall be distributed ratably among the Series A-1 Preferred Holders in proportion to the aggregate Series A-1 Preference Amount each such holder is otherwise entitled to receive pursuant to this subparagraph (f).

  • If the remaining assets of the Company legally available therefor after the full distribution of the Series C Preference Amount, Series B Preference Amount and Series A-1 Preference Amount pursuant to paragraphs (a) and (b) above shall be insufficient to make payment in full of the Series A Preference Amount, then such assets shall be distributed among the holders of Series A Preferred Shares ratably in proportion to the full amounts to which they would otherwise be respectively entitled thereon.

  • If there are any assets or funds remaining after the aggregate Series A Preference Amount and Series A-1 Preference Amount have been distributed or paid in full to the applicable holders of Preferred Shares pursuant to clauses (1) and (2), the remaining assets and funds of the Company available for distribution to the Members shall be distributed ratably among all Members according to the relative number of Ordinary Shares held by such Member (including Preferred Shares on an as if converted basis).


More Definitions of Series A-1 Preference Amount

Series A-1 Preference Amount means, with respect to each share of Series A-1 Preferred Stock outstanding immediately prior to the Effective Time, an amount equal to $2.00.
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Series A-1 Preference Amount has the meaning set forth in Section 1.5(g)(xi).
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Series A-1 Preference Amount means the sum of (i) One Dollar ($1.00) per share of Series A-1 Preferred Stock plus (ii) an amount equal to One Dollar ($1.00) times the dividend rate of eight percent (8%), compounded annually from the date of issuance of such share of Series A-1 Preferred Stock until the Closing Date, in accordance with the Charter Documents.
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Series A-1 Preference Amount means an amount equal to one hundred percent (100%) of the Series A-1 Issue Price, plus all declared but unpaid dividends.
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Series A-1 Preference Amount means an amount equal to $0.9987, unless there are insufficient funds to make such payment in full, in which case, it shall mean an amount of the Merger Consideration remaining to be distributed to holders of Series A-1 Preferred Stock allocated among the holders of the Series A-1 Preferred Stock, pro rata, in proportion to the full respective preferential amounts to which each such share of Series A-1 Preferred Stock is entitled.
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Series A-1 Preference Amount has the meaning ascribed to such term in the Certificate of Incorporation of the Company.
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Related to Series A-1 Preference Amount

  • 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.

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

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

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

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • 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 B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series C Preferred means all shares of the Series C Preferred Stock, $0.001 par value per share, of the Company.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • 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 Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series D Preferred means the Corporation's Series D Convertible Preferred Stock, par value $.002 per share.

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

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.00001 per share.

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

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.

  • Series E Preferred Stock means the Series E Preferred Stock, par value $0.001, of the Company.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).