Series A Preference Amount definition

Series A Preference Amount means, as of any date that is on or after the First Call Date, an amount per Share equal to the product of (a) the Redemption Percentage applicable as of such date multiplied by (b) the Accumulated Stated Value of such Share as of such date.

Series A Preference Amount means $2.5994 per share of Series A Preferred Stock, plus all accrued but unpaid dividends thereon, accruing at a rate of eight percent (8%) of the original per share purchase price of the Series A Preferred Stock (i.e., $2.5994) per annum since the date of issuance of such share of Series A Preferred Stock.

Series A Preference Amount means the Series A Principal Liquidation Preference or the Series A Interest Liquidation Preference, as applicable.

Examples of Series A Preference Amount in a sentence

• If the amounts available for distribution by the Corporation to holders of Series A Preferred Stock upon a Liquidation Event are not sufficient to pay the aggregate Series A Preference Amount due to such holders, such holders of Series A Preferred Stock shall share ratably in any distribution in connection with such Liquidation Event in proportion to the full respective preferential amounts to which they are entitled.

• If the assets and funds thus distributed among the holders of the Series A Preferred Shares shall be insufficient to permit the payment to such holders of the full Series A 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 Preferred Shares in proportion to the aggregate Series A Preference Amount each such holder is otherwise entitled to receive pursuant to this subparagraph (2).

• The Corporation shall redeem on the Redemption Date each share of Series A Preferred Stock being redeemed in cash by wire transfer of immediately available funds at a redemption price equal to the Series A Preference Amount (the “Redemption Price”).

• If the amounts available for distribution by the Corporation to holders of Series A Preferred Stock upon a Liquidation Event are not sufficient to pay the aggregate Series A Preference Amount due to such holders, such holders shall share ratably in any distribution in connection with such Liquidation Event in proportion to the full respective preferential amounts to which they are entitled.

• Upon a liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary, (each, a "Liquidation"), each holder of Series A Preferred Stock shall be entitled, after provision for the payment of the Corporation's debts and other liabilities, to be paid in cash in full, before any distribution is made on any Junior Stock, an amount in cash equal to the Series A Preference Amount of all Series A Preferred Shares held by such holder.

More Definitions of Series A Preference Amount

Series A Preference Amount means, as of any date, an amount per share of the Series A Preferred Stock equal to the product of (a) the Redemption Percentage applicable as of such date and (b) the Liquidation Preference of such share as of such date.

Series A Preference Amount means $11.60 (as adjusted for Unit splits, combinations and other reclassifications of the Series A Preferred Units). For the avoidance of doubt, no adjustments shall be made to the Series A Preference Amount in connection with any distributions to the holders of Preferred Units pursuant to Section 5.3(a).

Series A Preference Amount means, with respect to each share of Series A Preferred Stock, an amount equal to the Series A Base Value (as adjusted for stock dividends, stock splits, combinations, recapitalizations or the like) plus all accrued and unpaid Series A Dividends, whether or not declared, to the Closing Date, including for any partial monthly period, calculated in accordance with the Company Certificate.

Series A Preference Amount means, at any date of determination, an amount per share of Series A Preferred Stock equal to the sum of (i) the product of (A) the Redemption Multiple applicable as of such date, multiplied by (B) the Accrued Stated Value of such share at such date, plus (ii) the Equity Participation Amount of such share at such date.

Series A Preference Amount means, with respect to each share of Series A Preferred Stock outstanding immediately prior to the Effective Time, an amount equal to $1.00.

Series A Preference Amount means, with respect to each Series A Convertible Preferred Unit, an amount equal to the sum of (i) the Series A Original Purchase Price, and (ii) any other declared, but unpaid distributions with respect to such Series A Convertible Preferred Unit.

Series A Preference Amount means the amount calculated in accordance with, and payable to the Series A Preferred Stockholders pursuant to Section 5.1 of the Certificate of Designation.