Stated Value definition

Stated Value means $1,000 per share of Preferred Stock.

Stated Value means $1,000 per share, subject to adjustment for stock splits, stock dividends, recapitalizations, reorganizations, reclassifications, combinations, subdivisions or other similar events occurring after the Initial Issuance Date with respect to the Preferred Shares.

Stated Value means $1,000.

Examples of Stated Value in a sentence

• Each share of Series C Preferred Stock shall be entitled to receive, and the Company shall pay, dividends at a rate of fifteen percent (15%) of the Stated Value thereof per annum, payable quarterly, beginning on the date each such share was issued and ending on the date that such share of Preferred Share has been converted to Common Stock.

• At the sole option of the Company, dividend payments may be made in cash or by issuance of additional shares of Series C Preferred Stock valued at the Stated Value thereof.

• The holders of the Series E Preferred Stock shall be entitled to receive, and the Company shall pay, out of legally available funds, dividends on each share of Series E Preferred Stock at an annual rate of 9.0% of the Stated Value (as defined below).

• Additionally, we may redeem a share of Series E Preferred Stock at our option at any time from time to time upon not less than 10 calendar days written notice to the holders prior to the date fixed for redemption thereof, at a redemption price of 100% of the Stated Value of the shares of Series E Preferred Stock to be redeemed plus accrued but unpaid dividends.

• Each share of Series D Preferred Stock shall be convertible, at the option of the Holder thereof, at any time and from time to time, and without the payment of additional consideration by the Holder thereof, into such number of fully paid and non-assessable shares of Common Stock equal to the ratio determined by dividing (A) the Stated Value of such share of Series D Preferred Stock by (B) the Series D Conversion Price (as defined below) in effect at the time of conversion (the “Conversion Ratio”).

More Definitions of Stated Value

Stated Value means $1,000.00 per share of Series AA Preferred Stock.

Stated Value shall have the meaning set forth in Section 2, as the same may be increased pursuant to Section 3.

Stated Value means $1,200, subject to increase set forth in Section 3 and/or elsewhere in this Certificate of Designation.

Stated Value shall have the meaning set forth in Section 2.

Stated Value means $100 per share of Preferred Stock.

Stated Value shall have the meaning ascribed to such term in the Certificate of Designation.

Stated Value means the figure used by the Company as the value for each Asset it owns to assist in determining the AUM. The Stated Value of each individual Company Asset shall be determined on the last day of each calendar quarter by the Manager in its sole discretion. The Manager, however, shall establish and follow a methodology for determining the Stated Value and may modify, alter, or improve the methodology from time to time in its sole discretion.