Stated Value definition

Stated Value means $1,000 per share of Preferred Stock.
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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.
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Stated Value means $1,000.
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Examples of Stated Value in a sentence

  • There shall be a series of Preferred Stock that shall be designated as “Series A Convertible Preferred Stock” (the “Series A Preferred Stock”), and the number of shares constituting such series (“Shares”) shall be 80,000 with an initial Stated Value (as defined below) of $100.00 per Share.

  • All dividends that the Corporation does not elect to declare and pay in cash shall compound quarterly pursuant to Section 4(a) on the last day of such quarterly period and shall be added to the then current Accumulated Stated Value (“Compounded Dividends”).

  • All accrued but unpaid Dividends on any Share shall, unless declared and paid in cash pursuant to Section 4(b), compound quarterly on the last day of March, June, September and December of each calendar year and shall be added to the then current Accumulated Stated Value.

  • From and after the Original Issue Date of the Shares, cumulative dividends (“Dividends”) on each such Share shall accrue whether or not there are funds legally available for the payment of dividends, on a quarterly basis in arrears at the applicable Dividend Rate on the sum of (i) the Stated Value thereof plus, (ii) once compounded, any Compounded Dividends thereon, plus (iii) all accrued but unpaid Dividends (the sum of clauses (i), (ii) and (iii), the “Accumulated Stated Value”).

  • For the avoidance of doubt, the payment of a Participating Dividend with respect to a Share of Series A Preferred Stock shall not reduce or otherwise effect the Accumulated Stated Value of such Share.


More Definitions of Stated Value

Stated Value means $1,000.00 per share of Series C Preferred Stock.
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Stated Value shall have the meaning set forth in Section 2.
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Stated Value means $1,200, subject to increase set forth in Section 3 and/or elsewhere in this Certificate of Designation.
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Stated Value shall have the meaning set forth in Section 2, as the same may be increased pursuant to Section 3.
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Stated Value means $1,000 per share.
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Stated Value means $100 per share of Preferred Stock.
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Stated Value means the per share stated value for a share of Series E Preferred Stock of $575.00, subject to adjustment in the event of any stock dividend, stock split, combination, reorganization, recapitalization, reclassification, or other similar event with respect to the Series E Preferred Stock.
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