Preferred Preference definition

Preferred Preference means that amount equal to the sum of the Preferred Preference Per Share for all shares of Company Preferred Stock (including any rights convertible into, or exercisable or exchangeable for, shares of Company Preferred Stock on an as-converted, exercised, or exchanged basis) issued and outstanding immediately prior to the Effective Time, rounded to the nearest one hundredth (0.01) (with amounts 0.005 and above rounded up).
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Preferred Preference means the sum of (i) the Series A Preference, (ii) the Series B Preference, (iii) the Series C Preference, (iv) the Series D Preference and (v) the Series E Preference.
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Preferred Preference means the sum of (a) the Series A Preference multiplied by the aggregate number of shares of Series A Preferred Stock outstanding immediately prior to the Effective Time of the Merger, (b) the Series B Preference multiplied by the aggregate number of shares of Series B Preferred Stock outstanding immediately prior to the Effective Time of the Merger, (c) the Series C Preference multiplied by the aggregate number of shares of Series C Preferred Stock outstanding immediately prior to the Effective Time of the Merger and (d) the Series D Preference multiplied by the aggregate number of shares of Series D Preferred Stock outstanding immediately prior to the Effective Time of the Merger. For purposes of this definition, it is assumed that any shares of Company Preferred Stock that are converted into shares of Company Common Stock in connection with the Closing are converted prior to calculating the Preferred Preference.
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Examples of Preferred Preference in a sentence

  • Of those who do not belong to the hospital pension plan, 37% (98 nurses) would prefer to belong.Table 20a: Benefits Preferred Preference Table 20b: Benefits Received Type of BenefitsReceive from a Family Member (N=613)Receive from Another Employer (N=55)*Percentages do not add to 100 because respondents had the option of checking all items that applied.

  • Stock - Preferred, Class A Preferred, Preference and Common: The Preferred Stock, Class A Preferred Stock, Preference Stock and Common Stock of the Company shall consist of shares having a par value of $100, no par value, $1 and $10 per share, respectively.

  • The price for each share of Redeemable Preferred (the “Redeemable Preferred Redemption Price”) shall be an amount equal to the Redeemable Preferred Preference Amount.

  • In the event of any Liquidation Event, after payment of the Series H Preferred Liquidation Preference, Series G Preferred Liquidation Preference, SeriesF-1 Preferred Liquidation Preference, Series F Preferred Liquidation Preference and Junior Preferred Preference pursuant to this Article 4(B)(2), the remaining assets and funds of the Corporation legally available for distribution, if any, shall be distributed ratably among the holders of the Common Stock.

  • If upon the occurrence of a liquidation event, the assets and funds thus distributed among the holders of the Preferred Shares shall be insufficient to permit the payment to the holders of the full Preferred Preference Amount, then the entire assets and funds of the Company legally available for distribution shall be distributed ratably among the holders of the Preferred Shares.


More Definitions of Preferred Preference

Preferred Preference shall be an amount equal to $4.50 plus any declared but unpaid dividends with respect to each share of Company Preferred Stock issued and outstanding immediately prior to the Effective Time.
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Preferred Preference means that amount of money equal to the number of shares of Outstanding Preferred multiplied by twenty-five cents ($.25).
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Preferred Preference means the sum of the Series A Preferred Preference, the Series B Preferred Preference, the Series C-1 Preferred Preference and the Series C-2 Preferred Preference.
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Preferred Preference. Section 2.1.4.13 “Pro Rata Share” Section 2.1.4.14 “Receiving Party” Section 8.6.1 “Regulatory Condition” Section 7.1.2 “Related Party” Section 3.23 “Releases” Section 6.2.6.2 “Required Stockholder Vote” Section 3.24
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Preferred Preference has the meaning assigned to it in Section 4.3.1.
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Preferred Preference means the sum of (i) the product of (A) the Total Outstanding Series A Preferred Shares multiplied by (B) $1.925, plus (ii) the product of (A) the Total Outstanding Series B Preferred Shares multiplied by (B) $5.250525.
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Preferred Preference means that amount, calculated as of the Closing, equal to the sum of (a) the Series A Preferred Preference and (b) the Series B Preferred Preference.
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