Liquidation Right definition

Liquidation Right means, for each share of 5% Preferred Stock, the greater of (i) an amount equal to $1,000.00 per share, plus an amount equal to all dividends (whether or not earned or declared) accrued and unpaid thereon to the date of final distribution to such holders, and (ii) the amount that would be received in liquidation following conversion of a share of 5% Preferred Stock into Common Stock.
Liquidation Right means, for each share of 5% Preferred Stock, an amount equal to US$1,000 per share, plus an amount equal to all dividends (whether or not earned or declared) accrued and unpaid thereon to the date of final distribution to such holders.
Liquidation Right means for each share of Convertible Preferred Stock the greater of (i) the Liquidation Price and (ii) the amount that would be received in liquidation following conversion of a share of Convertible Preferred Stock into Common Stock.

Examples of Liquidation Right in a sentence

  • In the event of any liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary, before any payment or distribution of the assets of the Corporation (whether capital or surplus) shall be made to or set apart for the holders of Junior Securities, the holders of the shares of 5% Preferred Stock shall be entitled to receive the Liquidation Right.

  • If the assets of the Corporation available for distribution after the liquidation preferences of the Senior Liquidation Stock are fully met are not sufficient to pay an amount equal to the Liquidation Right to the holders of outstanding shares of Convertible Preferred Stock, then the assets of the Corporation shall be distributed ratably among the Holders.

  • Take any action that would have the affect of waiving, altering, amending or repealing this Section 4(e), the provision regarding the Series F Special Liquidation Right set forth in Section 5(a)(iii)(B)(2), or Sections 5(c)(vi) and 5(f)(iv)(B).

  • Take any action that would have the affect of waiving, altering, amending or repealing this Section 4(d), the provision regarding the Series E Special Liquidation Right set forth in Section 5(a)(iii)(B)(1), or Sections 5(c)(v) and 5(f)(iv)(A).

  • One MRSA bacteraemia was a pre-48 hour bacteraemia which has been put forward by Oxfordshire Clinical Commissioning Group to be apportioned to a third party.


More Definitions of Liquidation Right

Liquidation Right has the meaning set forth in Section 15.1(a) hereof.
Liquidation Right has the meaning set forth in the recitals.
Liquidation Right means, for each share of 8.5% Preferred Shares, Series A, the greater of (i) an amount equal to $1,000 per share, plus an amount equal to all dividends (whether or not declared) accrued and unpaid thereon, determined in accordance with paragraph 5(a), to the date of final distribution to such holders and (ii) the amount that would be received in liquidation following conversion of a share of 8.5% Preferred Shares, Series A into Common Stock.
Liquidation Right means for each share of Series A Preferred Stock the Liquidation Amount or, if prior to the Conversion Determination Date and if greater, the amount that would be received in liquidation following conversion of a share of Series A Preferred Stock into Common Stock.
Liquidation Right means, for each share of 6.5% Fixed Coupon Redeemable Preferred Stock, Series A, an amount equal to $10,000.00 per share, plus an
Liquidation Right means, for each share of 5% Preferred Stock, the greater of (i) an amount equal to $1,000 per share, plus an amount equal to
Liquidation Right means, for each share of 5% Preferred Stock, an amount equal to US$1,000 per share, plus an amount equal to all dividends (whether