Series A Preference definition

Series A Preference means $25.00 per Series A Preferred Unit.

Series A Preference means an amount equal to (a) the aggregate number of shares of Series A Preferred Stock issued and outstanding immediately prior to the Effective Date multiplied by (b) the Series A Preference Per Share.

Series A Preference means $0.17.

Examples of Series A Preference in a sentence

• The Series A Preference Shares are held by Dundee Energy Limited (“Dundee Energy”), a subsidiary of Dundee Corporation.

• Such number of shares may be increased or decreased by resolution of the Board of Directors; provided, that no decrease shall reduce the number of shares of Series A Preference Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Corporation convertible into Series A Preference Stock.

• Any shares of Series A Preference Stock purchased or otherwise acquired by the Corporation in any manner whatsoever shall be retired and cancelled promptly after the acquisition thereof.

• Dundee Energy has not advised the Corporation of its intent with respect to exercising its right to the redemption of the Series A Preference Shares and its entitlement to demand payment of the associated cumulative dividends outstanding.

• Until December 15, 2016, the Series A Preference Shares bear a non-cumulative, non mandatory dividend rate of 7.50%, which is payable semi-annually on June 15 and December 15 each year upon declaration by the Board of Directors.

More Definitions of Series A Preference

Series A Preference means $0.55.

Series A Preference means $1.00.

Series A Preference means the result of multiplying (i) the aggregate number of shares of Series A Preferred Stock outstanding immediately prior to the Effective Time by (ii) $0.40.

Series A Preference. Series A Preference" shall have the meaning ascribed to such term in Section 1.5(b)(i) of this Agreement.

Series A Preference means $3.96694 per share of Series A Preferred Stock, multiplied by the number of shares of Series A Preferred Stock outstanding immediately prior to the Effective Time.

Series A Preference means that amount equal to the product of the Total Outstanding Series A Preferred Shares multiplied by $1.00.

Series A Preference with respect to all of the outstanding shares of Series A Preferred Stock, in the aggregate, means that amount determined by multiplying the total amount of the Shareholder Consideration times "D," calculated under the following formula: D = 0.12293255 - (0.084469 * 10(8) * (Shareholder Consideration minus the Series B Preference)); provided, however, in no event shall D be more than .1215426 or less than .1204357.