Examples of Series Liquidation Preference in a sentence
Holders of the Series [ ] Preferred Stock shall be entitled to receive, on each share of Series [ ] Preferred Stock, dividends with respect to each Dividend Period (1) in an amount equal to the Dividend Rate on the Series [ ] Liquidation Preference per share of Series [ ] Preferred Stock.
Upon the occurrence of a Fundamental Change, each Holder of the Series [ ] Preferred Stock shall have the right to require the Company to repurchase all or any part of such Holder’s Series [ ] Preferred Stock at a purchase price per share equal to [ ]% of the Series [ ] Liquidation Preference.
Dividends not paid in cash shall be added to the Series [ ] Liquidation Preference.
Designation and Amount: The shares of such series shall be ---------------------- designated as "____% Preferred Stock, Series __ ($___ Liquidation Preference)" (the "Series ___ Preferred Stock") and the number of shares constituting the Series ___ Preferred Stock shall be [__________].
Holders of the Series [ ] Preferred Stock shall be entitled to receive, on each share of Series [ ] Preferred Stock, dividends with respect to each Dividend Period in an amount equal to the Dividend Rate on the Series [ ] Liquidation Preference per share of Series [ ] Preferred Stock.
Designation: The shares of such series shall be ----------- designated as "___% Preferred Stock, Series __ ($_____ Liquidation Preference)" (the "Series __ Preferred Stock").
The Series [ ] Preferred Stock may be redeemed, in whole or in part, at any time after [ ], 20[ ], at the option of the Company, upon giving notice of redemption pursuant to subsection (j)(3) below, at a redemption price per share equal to [the applicable percentage set forth below multiplied by] the Series [ ] Liquidation Preference.