Per Share Liquidation Preference definition

Per Share Liquidation Preference means the Liquidation Preference divided by [THE NUMBER OF SHARES OF SERIES C PREFERRED STOCK]. If upon the occurrence of such event, and after payment in full of the preferential amounts with respect to the Senior Securities, the assets and funds available to be distributed among the Holders and the holders of Parity Securities shall be insufficient to permit the payment of the full preferential amounts due to the Holders and the holders of the Parity Securities, respectively, then the entire assets and funds of the Company legally available for distribution shall be distributed among the Holders and the holders of the Parity Securities, pro rata, based on the respective liquidation amounts to which each such series of stock is entitled by the Company's certificate of incorporation, as amended, and any certificate(s) of designation relating thereto.
Per Share Liquidation Preference means (a) with respect to the Company Series Seed Preferred Stock, the Series Seed Liquidation Preference and (b) with respect to the Company Series Seed-2 Preferred Stock, the Series Seed-2 Liquidation Preference.

Examples of Per Share Liquidation Preference in a sentence

  • Xxxxxxx Xxxxxx Xxxxxx & Xxxxxxx, P.A. Post Office Box 427 Jackson, MS 39205-0427 Terms of the Purchase: Series of Preferred Stock Purchased: Fixed Rate Cumulative Perpetual Preferred Stock, Series CD Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 30,514 shares Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on February 15, May 15, August 15 and November 15 of each year.

  • Shares Issued and Outstanding (In thousands) Liquidation Preference Per Share Liquidation Preference Carrying Value Series A 400 $ 1,000 $ 400 $ 394 Series B 485 $ 1,000 485 469 Total Preferred Stock 885 $ 885 $ 863 th THE CHARLES SCHWAB CORPORATION Notes to Condensed Consolidated Financial Statements (Tabular Amounts in Millions, Except Per Share Data, Ratios, or as Noted) (Unaudited) Accumulated other comprehensive income (loss) represents cumulative gains and losses that are not reflected in earnings.

  • Xxxxxxx Xxxxxx Xxxxxx & Xxxxxxx, P.A. Post Office Box 427 Jackson, MS 39205-0427 Terms of the Purchase: Series of Preferred Stock Purchased: Fixed Rate Cumulative Perpetual Preferred Stock, Series CD Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 12,123 shares Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on February 15, May 15, August 15 and November 15 of each year.

  • Xxxxxx Mission Valley Bancorp 0000 Xxxxxxx Xxxxxxxxx Xxx Xxxxxx, XX 00000 Terms of the Purchase: Series of Preferred Stock Purchased: Fixed Rate Cumulative Perpetual Preferred Stock, Series D Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 4,836 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on February 15, May 15, August 15 and November 15 of each year.

  • THE SECRETARY OF THE TREASURY [INSERT COMPANY NAME] By: By: Name: Name: Title: Title: BA0.280411 ANNEX A INFORMATION SPECIFIC TO THE COMPANY AND THE INVESTMENT Purchase Information Terms of the Purchase: Series of Preferred Stock Purchased: Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • This series of Preferred Shares shall be designated as Series H Cumulative Convertible Preferred Shares of Beneficial Interest ($.01 Par Value Per Share) (Liquidation Preference $25.00 Per Share) (the “Series H Preferred Shares”) and 164,951 shall be the number of shares constituting such series.


More Definitions of Per Share Liquidation Preference

Per Share Liquidation Preference means an amount of cash per share of Series A Preferred Stock equal to One Thousand Dollars ($1,000) plus all accrued and unpaid dividends on each share of Series A Preferred Stock as of immediately prior to the First Step Merger Effective Time.
Per Share Liquidation Preference means $1.60 per share of Company Series A Preferred Stock in cash. (6) " Per Share Merger Consideration" shall mean an amount equal to the sum of (x) Per Share First Installment Merger Consideration and (y) the Per Share Second Installment Merger Consideration. (7) " Per Share First Installment Merger Consideration" shall mean an amount per share of Company Common Stock equal to (x) the First Installment Merger Consideration multiplied by (y) the Pro Rata Per Share Amount. (8) " Per Share Second Installment Merger Consideration" shall mean an amount equal to (x) Second Installment Merger Consideration multiplied by (y) the Pro Rata Per Share Amount. (9) " Option Exercise Price" shall mean, in respect of each outstanding Company Option, the exercise price per share of Company Common Stock issuable upon exercise of such Company Option. (10) "Aggregate Option Exercise Amount" shall mean the aggregate Option Exercise Price in respect of all Entitled Company Options outstanding immediately prior to the Effective Time. (11) "Gross Aggregate Consideration" shall mean the sum of (i) the Merger Consideration plus (ii) $34,000,000 plus (iii) the Aggregate Option Exercise Amount. (12) "Net Aggregate Consideration" shall mean the sum of (i) the Gross Aggregate Consideration minus(ii) the Aggregate Option Exercise Amount. (13) "Per Common Share Total Consideration" shall mean an amount equal to (x) the Gross Aggregate Consideration divided by (y) the aggregate number of shares of Company Common Stock issued and outstanding on a fully diluted basis (including Company Common Stock issuable upon conversion of the Company Series A Preferred Stock and upon exercise of issued and outstanding Company Options,
Per Share Liquidation Preference for any series of Preferred Shares, shall be as such amount is set forth in Section 1 of the applicable Article of Appendix A.
Per Share Liquidation Preference means: (a) with respect to a share of Series A Convertible Preferred Stock, $3.004; (b) with respect to a share of Series B Convertible Preferred Stock, $0.6329; (c) with respect to a share of Series C Convertible Preferred Stock, $0.87843; (d) with respect to a share of Series D Convertible Preferred Stock, $1.0154; and (e) with respect to a share of Series E Convertible Preferred Stock, $1.1943.

Related to Per Share Liquidation Preference

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).

  • Initial Liquidation Preference means one thousand dollars ($1,000.00) per share of Convertible Preferred Stock.

  • 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 Amount means $25,000 per share of Series A Preferred Stock.

  • Series A Liquidation Value means the sum of the Series A Liquidation Preference and declared and unpaid distributions, if any, to, but excluding, the date of the Dissolution Event on the Series A Preferred Mirror Units.

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • 10% in Liquidation Amount means, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Securities, voting together as a single class, or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities, voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accumulated and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Preference Amount means any amount previously distributed to an Owner on the Obligations that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.

  • Qualified Preferred Stock means any preferred capital stock of Holdings or the Lead Borrower so long as the terms of any such preferred capital stock (x) do not contain any mandatory put, redemption, repayment, sinking fund or other similar provision prior to the 91st day after the Latest Maturity Date at as of the date such Qualified Preferred Stock was issued other than (i) provisions requiring payment solely (or with provisions permitting Holdings or the Lead Borrower, as applicable, to opt to make payment solely) in the form of common Equity Interests or Qualified Preferred Stock of Holdings or the Lead Borrower, as applicable, or any Equity Interests of any direct or indirect Parent Company of Holdings or the Lead Borrower, as applicable, (ii) provisions requiring payment solely as a result of a change of control or asset sale, so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale are subject to the payment in full of all Obligations in cash (other than unasserted contingent indemnification obligations) or such payment is otherwise permitted by this Agreement (including as a result of a waiver or amendment hereunder) and (iii) with respect to preferred capital stock issued to any plan for the benefit of employees of Holdings or the Lead Borrower, as applicable, or its Subsidiaries or by any such plan to such employees, provisions requiring the repurchase thereof in order to satisfy applicable statutory or regulatory obligations and (y) give Holdings or the Lead Borrower the option to elect to pay such dividends or distributions on a non-cash basis or otherwise do not require the cash payment of dividends or distributions at any time that such cash payment is not permitted under this Agreement or would result in a Default or Event of Default hereunder.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Series D Preferred means the Corporation's Series D Convertible Preferred Stock, par value $.002 per share.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.