Stated Values definition
Examples of Stated Values in a sentence
Further, the Company shall not make any payment of principal or interest on the Preferred Stock in amounts which are disproportionate to the respective Stated Values outstanding on the Preferred Stock at any applicable time.
The Buy-Sell Notice will include a statement by the Initiating Member of the amount that the Initiating Member believes to be the value of each Divisional Company (the "Stated Values").
There is no limit on the number of Class C Units that may be issued from time to time; provided, however, that absent an additional amendment to the Partnership Agreement, the aggregate of the Stated Values of all Class C Units issued from time to time may not exceed $100 million.
On the first month anniversary of the Event Date (assuming the applicable Event has not been cured prior to such date) and each monthly anniversary thereof until the applicable Event is cured, the Company shall pay to the Holder 3.0% of the aggregate Stated Values of the shares of Preferred Stock purchased by such Holder pursuant to the Purchase Agreement, in cash, as liquidated damages and not as a penalty.
Commencing the second month anniversary after the Event Date, the Company shall pay to each holder of Preferred Stock the product of 2.5% and the aggregate of the Stated Values for the shares of Preferred Stock then held by such holder, in cash as liquidated damages, and not as a penalty on the first day of each monthly anniversary of the Event Date until such time as the applicable Event, is cured.