Series D Liquidation Amount definition

Series D Liquidation Amount means, with respect to each share of Series D Preferred Stock, an amount equal to $100 plus an amount equal to the accrued and unpaid dividends and distributions on such share of Series D 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 D Liquidation Amount has the meaning ascribed to it in Section 7.12(a)(i).

Series D Liquidation Amount shall have the meaning as set forth in, and be calculated pursuant to, the Company Charter.

Examples of Series D 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 payment of the full Series D Liquidation Amount, such holders of shares of Series D Preferred Stock will not be entitled to any further participation as such in any distribution of the assets of the Company.

• 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").

• In the event there is more than one Distribution Event, the amount each holder of Series D Preferred Stock is entitled to receive pursuant to this Subsection 2.1 will be reduced by the total amount per share paid to the holders of Series D Preferred Stock as applicable, pursuant to this Subsection 2.1 at all prior Distribution Events, such that the maximum amount to which any holder of Series D Preferred Stock will be entitled pursuant to this Subsection 2.1 will not exceed the Series D Liquidation Amount.

• Dividends on the Series D Preferred Stock are payable at the annual rate of Eight and Fifty One Hundredths percent (8.50%) of the average daily Outstanding Series D Liquidation Amount.

More Definitions of Series D Liquidation Amount

Series D Liquidation Amount means $100,000.00 per share of Series D Preferred Stock.

Series D Liquidation Amount means the greater of (a) the aggregate Series D Liquidation Preference plus the aggregate Series D Redemption Premium or (b) an amount per Series D Preferred Unit equal to the amount which would have been payable to a Series D Preferred Unit holder had each Series D Preferred Unit been converted into OP Units immediately prior to such Liquidation.

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.

Series D Liquidation Amount means the “Series D Original Issue Price,” as set forth in Section 2.2 of Article IV, Section B of the Company Certificate of Incorporation, as calculated on a per share basis as of immediately prior to the Effective Time and as set forth on the Closing Payment Certificate.

Series D Liquidation Amount means the value obtained by (i) multiplying the number of outstanding shares of Series D Preferred Stock at the Effective Time by $0.95, plus (ii) any and all accumulated and unpaid dividends since the date of issuance of the Series D Preferred Stock at a quarterly dividend rate of 1.8%, subject to proration for partial quarters on the basis of a 90-day quarter and accumulating and compounding quarterly at a preference amount of $1.045, on the last day of March, June, September and December of each year (together with (i), the "SERIES D BASE LIQUIDATION AMOUNT"), plus (iii) its respective portion of the Surplus Amount (treating the Series D Preferred Stock as if it had been converted into Common Stock at the Effective Time, as set forth in the Charter).

Series D Liquidation Amount means the greater of (a) the aggregate Series D Liquidation Preference plus the aggregate Series D Redemption Premium or (b) an amount per Series D Preferred Unit equal to the amount which would have been payable to a Series D Preferred Unit holder had each Series D Preferred Unit been converted into OP Units immediately prior to such Liquidation. “Series D Liquidation Preference” means thirteen dollars and fifty-nine cents ($13.59) per Series D Preferred Unit. “Series D Parity Units” means the Series C Preferred Units, Series F Preferred Units and any class or series of Partnership Units hereafter issued and outstanding, whether or not the distribution rates thereof shall be different from those of the Series D Preferred Units, if the holders of such class or series and the Series D Preferred Units shall be entitled to (i) the receipt of distributions in proportion to their respective amounts of accrued and unpaid distributions per unit and (ii) amounts distributable upon Liquidation in proportion to their respective liquidation preferences, in each case without preference or priority one over the other. “Series D Preferred Return” means, for each Series D Preferred Unit, a cumulative, non-compounded rate per annum equal to 5.81% of the Series D Liquidation Preference; provided, that the amount payable for any Series D Distribution Period shall be computed by dividing the Series D Preferred Return by twelve, and the amount of distributions payable for any period shorter or longer than a full Series D Distribution Period shall be computed on the basis of twelve 30-day months and a 360-day year. “Series D Preferred Stock” means the Series D Cumulative Convertible Preferred Stock, par value $.01 per share, of the General Partner.

Series D Liquidation Amount means $1,000.00 per Series D Preferred Unit, subject to adjustment in the event of a Unit Event, distribution (other than Series D Accrued Distributions), or other proportionate reduction or increase to the Series D Preferred Unit.