Series B Preference definition

Series B Preference means $1.48.

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Series B Preference means $0.80, plus an amount equal to all accrued but unpaid dividends on each share of Series B Preferred Stock.

Series B Preference means the result of multiplying (i) the aggregate number of shares of Series B Preferred Stock outstanding immediately prior to the Effective Time by (ii) $0.80.

Examples of Series B Preference in a sentence

• All notices or communications in respect of the Series B Preference Units shall be sufficiently given if given in writing and delivered in person or by first class mail, postage prepaid, or if given in such other manner as may be permitted in this Article XVII, this Agreement or by applicable law.

• The Series B Preference Units shall not have the benefit of any sinking fund.

• Each Series B Preference Unit shall be identical in all respects to every other Series B Preference Unit, except as to the respective dates from which the Series B Liquidation Preference shall increase or from which Series B Distributions may begin accruing, to the extent such dates may differ.

• No distribution shall be declared or paid or set apart for payment on any Junior Securities (other than a distribution payable solely in Junior Securities) unless full cumulative Series B Distributions have been or contemporaneously are being paid or provided for on all Outstanding Series B Preference Units and any other Parity Securities through the most recent respective Series B Distribution Payment Dates.

• Series B Preference Units that are purchased or otherwise acquired by the Partnership shall be cancelled.

More Definitions of Series B Preference

Series B Preference means $2.00.

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

Series B Preference with respect to all of the outstanding shares of Series B Preferred Stock, in the aggregate, shall mean that amount of the Shareholder Consideration equal to "A" in the following formula: A = (1-P)*(any Principal or Contingency Payments made to holders of EyeSys Notes in excess of $3,359,993, plus the Shareholder Consideration), where P equals (9.732853 * 10/-8/ * (any Principal or Contingency Payments made to holders of EyeSys Notes in excess of $3,359,993, plus the Shareholder Consideration)) minus 0.31470577; provided, however, in no event shall P be less than .2726550 or more than .4016254.

Series B Preference means that amount equal to the product of the Total Outstanding Series B Preferred Shares multiplied by $1.229.

Series B Preference means, at any time of determination, an amount equal to (a) $[●], less (b) the aggregate amount of any prior distributions pursuant to Section 8.1(a)(i) in respect of the Series B Units (but not below zero).

Series B Preference means an amount of cash payable with respect to each share of Company Series B Preferred Stock in accordance with Section 4 of the Company’s Certificate of Designations, Preferences and Rights of Series B Preferred Stock.

Series B Preference means (i) the Stock Component of the Series B Preference and (ii) the Cash Component of the Series B Preference.