Series C Liquidation Amount definition

Series C Liquidation Amount means the amount due to the Series C Holders upon a Liquidation of the Company pursuant to the Series C Certificate of Designations.

Series C Liquidation Amount means an amount in cash or property (valued at its Fair Market Value), or a combination thereof, equal to $8.25 per share of Series C Stock held by a Holder (which per share amount shall be subject to equitable adjustment whenever there shall occur a stock split, combination, reclassification or other similar event involving the Series C Stock) plus all Series C Accrued Dividends.

Series C Liquidation Amount means an amount equal to the greater of (i) the sum of the Series C Invested Amount, plus the Series C Pre-Closing Accrued Amount, plus the Series C Accruing Distribution accrued through the date of such Liquidation Event but unpaid thereon, whether or not declared or (ii) such amount per share as would have been payable had each such share been converted into Common Units pursuant to Section 2.10(a)(i) immediately prior to such Liquidation Event.

Examples of Series C Liquidation Amount in a sentence

• After the Series A Liquidation Amount, the Series C Liquidation Amount, the Series B Liquidation Amount, the Series D Liquidation Amount, the Series E Liquidation Amount and the Series F Liquidation Amount have been paid in full, the holders of shares of Common Stock shall be entitled to receive the Common Liquidation Amount.

• After the Series A Liquidation Amount, the Series C Liquidation Amount and the Series B Liquidation Amount have been paid in full, the holders of shares of Series D Stock shall be entitled to receive, before any amount shall be paid to holders of Common Stock, an amount per share equal to Two Dollars ($2.00), plus any declared but unpaid dividend per share on outstanding shares of Series D Stock (the "Series D Liquidation Amount").

• Written notice of any liquidation, dissolution or winding up of the Company, stating the payment date, the amount of the Series C Preferential Amount, the amount of the Series C Liquidation Amount and the place where said Series C Liquidation Amount shall be payable, shall be given to the holders of record of Series C Convertible Preferred Stock not less than 5 days prior to the consummation of such liquidation, dissolution or winding up, in accordance with the provisions of Section 7.7.

• Any amendment or waiver of the Series C Liquidation Amount shall require the consent of at least a majority of the outstanding shares of Series C Preferred Stock, which such majority must include shares held by Avoro Capital and its affiliates (the “Requisite Series C Preferred”).

• If upon any such liquidation, dissolution or winding up of the Corporation, there are not sufficient assets available to permit the payment in full of the Series C Liquidation Amount, then such remaining assets shall be distributed ratably to the holders of Series C Preferred Stock.

More Definitions of Series C Liquidation Amount

Series C Liquidation Amount means, with respect to each share of Series C Preferred Stock, an amount equal to $100 plus an amount equal to the accrued and unpaid dividends and distributions on such share of Series C Preferred Stock, whether or not declared, to the date of payment, including for any partial monthly period, calculated in accordance with the Company Certificate.

Series C Liquidation Amount means $1,000.00 per share of Series C Preferred Stock.

Series C Liquidation Amount means the per share amount that is due to the holders of the Series C Preferred Stock, in preference to the distribution of the residual assets of the Company in the event of a merger under the Company's Articles of Incorporation as they exist immediately prior to the Effective Time.

Series C Liquidation Amount means the Series C Liquidation Amount as of the Effective Time as defined and as calculated in accordance with the terms of the Company's Third Amended and Restated Certificate of Incorporation.

Series C Liquidation Amount has the meaning set forth in the Certificate of Incorporation of the Company as in effect on the date hereof.

Series C Liquidation Amount means $11.75758 per share of Series C Stock plus all declared and unpaid dividends thereon (if any) through the effective date of Liquidation.

Series C Liquidation Amount means the amount payable upon Liquidation to the holders of the Series C Stock, as provided in the Certificate of Designations on file with the Delaware Secretary of State with respect to the Series C Stock, and (viii) the "Series D Liquidation Amount" means $12.00 per share of Series D Stock plus all declared and unpaid dividends thereon (if any) through the effective date of Liquidation.