Liquidation Preference definition

Liquidation Preference means, with respect to any Series, the amount specified as the liquidation preference per share for that Series in the Appendix for such Series.
Liquidation Preference has the meaning set forth in Section 4(a).
Liquidation Preference with respect to a given number of VMTP Shares, means $100,000 times that number.

Examples of Liquidation Preference in a sentence

  • In any Liquidation Event, subject to Applicable Law, holders of Series A CCPS shall, pari passu with the holders of Series B CCPS, Series B1 CCPS, Series C CCPS, Series C1 CCPS, Series C2 CCPS, Series D CCPS and Series E CCPS, have a preference over the other shareholders of the Company, as provided in Clause 10 (Liquidation Preference).

  • If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Corporation ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

  • In any Liquidation Event, subject to Applicable Law, holders of Series B CCPS shall pari passu with the holders of Series A CCPS, Series B1 CCPS, Series C CCPS, Series C1 CCPS, Series C2 CCPS, Series D CCPS and Series E CCPS have a preference over the other shareholders of the Company, as provided in Clause 10 (Liquidation Preference).


More Definitions of Liquidation Preference

Liquidation Preference shall have the meaning ascribed to it in Section 5(a).
Liquidation Preference means, as to the Series B Preferred Stock, $1,000 per share (as adjusted for any split, subdivision, combination, consolidation, recapitalization or similar event with respect to the Series B Preferred Stock).
Liquidation Preference means, with respect to any share of Series A Preferred Stock, as of any date, $1,000 per share.
Liquidation Preference means $1,000 per share of Series A Preferred Stock.
Liquidation Preference with respect to a given number of VRDP Shares, means $100,000 times that number.
Liquidation Preference means $0.938 per share for the Series A Preferred Stock, $1.888 per share for the Series B Preferred Stock, $4.846 per share for the Series C Preferred Stock, $0.7385 per share for the Series D Preferred Stock and $1.00 per share for the Series D-1 Preferred Stock (subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein).
Liquidation Preference means, in respect of any Preferred Units, the “Liquidation Preference” per Preferred Unit specified for such Preferred Units.