Aggregate Liquidation Preference Amount means the product obtained by multiplying the Series A-1 Liquidation Preference Amount times the number of shares of Series A-1 Preferred Stock that are issued and outstanding immediately prior to the Effective Time (including, for the avoidance of doubt, all shares of Series A-1 Preferred Stock issued pursuant to the Pre-Closing Exchange).
Aggregate Liquidation Preference Amount means the sum of the Series A-1 Liquidation Preference Amount, the Series B-1 Liquidation Preference Amount, the Series C-1 Liquidation Preference Amount and the Series D-1 Liquidation Preference Amount.
Aggregate Liquidation Preference Amount means the sum of the aggregate Series A Liquidation Preference Amount, the aggregate Series B Liquidation Preference Amount, the aggregate Series C Liquidation Preference Amount, the aggregate Series C-1 Liquidation Preference Amount, the aggregate Series D Liquidation Preference Amount and the aggregate Series D-1 Liquidation Preference Amount.
Examples of Aggregate Liquidation Preference Amount in a sentence
In the event that at any time the sum of the Preferred Stockholder Allocated Amounts exceeds the Aggregate Liquidation Preference Amount, then concurrently with or prior to the distribution to Preferred Stockholders resulting in such event, Surviving Company shall deliver, or cause tobe delivered, a Letter of Transmittal to each holder of Company Common Stock that has not executed a Letter of Transmittal along with a letter explaining that such threshold has been exceeded.
More Definitions of Aggregate Liquidation Preference Amount
Aggregate Liquidation Preference Amount shall have the meaning given to it in Section 1.5(a)(i).
Aggregate Liquidation Preference Amount means an amount equal to (i) the Series D Aggregate Liquidation Preference Amount, plus (ii) the Series B Aggregate Liquidation Preference Amount.
Aggregate Liquidation Preference Amount means the sum of:
Aggregate Liquidation Preference Amount means, at any given time, the Issue Price minus the aggregate amount of any Priority Dividends declared and paid at or prior to such time and minus the aggregate proceeds, if any, received by the Holders from the Company pursuant to any repurchase or redemption of Preferred Stock by the Company or any other distribution on, or payment in respect of, the Preferred Stock by the Company consummated at or prior to such time.
Aggregate Liquidation Preference Amount shall have the meaning set forth in the Certificate of Designations.
Aggregate Liquidation Preference Amount means the sum of (i) if the Series A Preference Per Share Amount is greater than or equal to the As-Converted Series A Consideration Per Share, the product of: (a) the Series A Preference Per Share Amount; multiplied by (b) the aggregate number of shares of Series A Preferred Stock that are issued and outstanding immediately prior to the Effective Time (other than Disregarded Shares); plus (ii) if the Series B-1 Preference Per Share Amount is greater than or equal to the As-Converted Series B-1 Consideration Per Share, the product of: (a) the Series B-1 Preference Per Share Amount; multiplied by (b) the aggregate number of shares of Series B-1 Preferred Stock that are issued and outstanding immediately prior to the Effective Time (including any shares of Series B-1 Preferred Stock subject to issuance pursuant to Company Warrants that are exercised or deemed to have been exercised prior to the Effective Time, but excluding Disregarded Shares); plus (iii) if the Series C Preference Per Share Amount is greater than or equal to the As-Converted Series C Consideration Per Share, the product of: (a) the Series C Preference Per Share Amount; multiplied by (b) the aggregate number of shares of Series C Preferred Stock that are issued and outstanding immediately prior to the Effective Time (other than Disregarded Shares); plus (iv) if the Series D Preference Per Share Amount is greater than or equal to the As-Converted Series D Consideration Per Share, the product of: (a) the Series D Preference Per Share Amount; multiplied by (b) the aggregate number of shares of Series D Preferred Stock that are issued and outstanding immediately prior to the Effective Time (including any shares of Series D Preferred Stock subject to issuance pursuant to Company Warrants that are exercised or deemed to have been exercised prior to the Effective Time, but excluding Disregarded Shares).
Aggregate Liquidation Preference Amount means an amount equal to: (a) either (i) if the ratio of the Adjusted Transaction Value over the Fully Diluted Share Number (assuming all Shares and Warrants are converted) is less than the Series Seed Liquidation Preference Amount, the product of (A) the aggregate number of shares of Series Seed Preferred Shares that are issued and outstanding as of immediately prior to the Closing multiplied by (B) the Series Seed Liquidation Preference Amount or (ii) if the Residual Per-Share Amount is equal to or greater than the Series Seed Liquidation Preference Amount, $0.00 (the “Aggregate Series Seed Liquidation Preference”); plus (b) either (i) if the Residual Per-Share Amount is less than the Series A Liquidation Preference Amount, the product of (A) the aggregate number of shares of Series A Preferred Shares that are issued and outstanding as of immediately prior to the Closing multiplied by (B) the Series A Liquidation Preference Amount or (ii) if the Residual Per-Share Amount is equal to or greater than the Series A Liquidation Preference Amount, $0.00 (the “Aggregate Series A Liquidation Preference”).