Examples of Series C Liquidation Preference in a sentence
Each Series C Preferred Unit shall be identical in all respects to every other Series C Preferred Unit, except as to the respective dates from which the Series C Liquidation Preference shall increase or from which Series C Distributions may begin accruing, to the extent such dates may differ.
Each Series C Preference Unit shall be identical in all respects to every other Series C Preference Unit, except as to the respective dates from which the Series C Liquidation Preference shall increase or from which Series C Distributions may begin accruing, to the extent such dates may differ.
The initial Capital Account balance in respect of each Series C Preferred Unit issued on the Series C Original Issue Date shall be the Series C Liquidation Preference on such date.
Following the payment of the full amount of the Series C Liquidation Preference and the Common Adjustment in respect of all outstanding shares of Series C Preferred Stock and Common Stock, respectively, holders of Series C Preferred Stock and holders of shares of Common Stock shall receive their ratable and proportionate share of the remaining assets to be distributed in the ratio of the Adjustment Number to 1 with respect to such Preferred Stock and Common Stock, on a per share basis, respectively.
We have focused, in such a context,on what we dubbed market-based allocation rules, which arise after the combination of rights- assignment rules satisfying self-ownership and voluntary exchange rules.Self-ownership (and, therefore, Nozick’s extension of Locke’s theory) is too weak to provide a useful guideline for the resolution of problems such as the ones modeled in this paper.