Series A-1 Liquidation Preference definition

Series A-1 Liquidation Preference means the greater of (x) the Series A-1 Accrued Value on a share of Series A-1 Preferred Stock less the Absolute Liquidation Preference, as at any date, or (y) the amount of securities, cash or other property that would be payable to such holder in the Liquidation in respect of Class A Common Stock issuable upon conversion of such share of Series A-1 Preferred Stock if all outstanding shares of Series A-1 Preferred Stock were converted into Class A Common Stock immediately prior to the Liquidation in accordance with Section (C)(1)(g) of this Article Four hereof less the Absolute Liquidation Preference, as at any date.

Series A-1 Liquidation Preference means an amount equal to the Original Series A-1 Purchase Price.

Series A-1 Liquidation Preference means the aggregate amount payable in respect of all of the Series A-1 Preferred Shares issued and outstanding immediately prior to the Closing pursuant to Section B.2.1 of the Second Amended and Restated Certificate of Incorporation of the Company.

Examples of Series A-1 Liquidation Preference in a sentence

• After the payment to holders of the Series A Preferred Stock and Series A-1 Preferred Stock of the full amount of the Series A Liquidation Preference and Series A-1 Liquidation Preference, respectively, and the Absolute Liquidation Preference, if applicable, to which they are entitled under this Section (C)(1)(f) of this Article Four, the holders of Series A Preferred Stock and Series A-1 Preferred Stock as such shall have no right or claim to any of the remaining assets of the Company.

• The Series B Liquidation Preference (as such term is defined in the certificate of incorporation of the Company, as amended) is $1.00, and the Series A-1 Liquidation Preference (as such term is defined in the certificate of incorporation of the Company, as amended) is $1.00.

• If a Non-Compliance Event shall occur and be continuing, the dividend rate as referenced in Section 2 shall increase to 15% of the Series A-1 Liquidation Preference Payment per annum; provided, that upon the cure or waiver of such Non-Compliance Event, the dividend rate as referenced in Section 2 shall revert to 13% of the Series A-1 Liquidation Preference Payment per annum.

• If, in connection with any distribution described in Section 6(a) above, the assets of the Company or proceeds thereof are not sufficient to pay in full the Series A-1 Liquidation Preference payable on the Series A-1 Convertible Preferred Shares, then such assets, or the proceeds thereof, shall be paid pro rata in accordance with the full respective amounts which would be payable on such shares if all amounts payable thereon were paid in full.

• The Series A Liquidation Preference Payments, the Series A-1 Liquidation Preference Payments, the Series B Liquidation Preference Payments, the Series B-1 Liquidation Preference Payments, the Series C Liquidation Preference Payments and the Series D Liquidation Preference Payments are sometimes referred to collectively herein as the “Liquidation Preference Payments”.

• After the payment in full of the CVV Series A-1 Liquidation Preference and CVV Series A-2 Liquidation Preference, the remaining Distributable Proceeds shall be distributed to holders of Contingent Value Vehicle Series B Interests until the CVV Series B Liquidation Preference shall have been paid in full.

• After the payment of the Series C Liquidation Preference to the holders of the Series C preferred stock, the holders of the Series B preferred stock and Series A-1 preferred stock will be entitled to receive, senior to the holders of Series A preferred stock and common stock, a per-share amount equal to the applicable original purchase price plus any declared but unpaid dividends (the "Series B and Series A-1 Liquidation Preference").

• A-4 (B) If, however, there are not sufficient assets available to permit payment in full of the Series A-1 Liquidation Preference and the liquidation preferences of all other series of preferred stock, if any, that rank on a parity with the Series A-1 Junior Participating Preferred Stock, then such remaining assets shall be distributed ratably to the holders of such parity shares in proportion to their respective liquidation preferences.

• After the payment of the Series B and Series A-1 Liquidation Preference to the holders of the Series B preferred stock and Series A-1 preferred stock, the holders of the Series A preferred stock will be entitled to receive, senior to the holders of common stock, a per-share amount equal to the original purchase price plus any declared but unpaid dividends (the "Series A Liquidation Preference").

• The Company shall redeem all of the Series A Shares requested to be redeemed at the Redemption Date, and shall effect redemption by paying cash in an amount per share equal to the Series A-1 Liquidation Preference and the Series A-2 Liquidation Preference (as applicable), calculated to the Redemption Date (the “ Redemption Price”).

More Definitions of Series A-1 Liquidation Preference

Series A-1 Liquidation Preference means, with respect to a share of Series A-1 Preferred Stock, that amount equal to (i) $2.00 plus (ii) any declared or accrued but unpaid dividends on such share of Series A-1 Preferred Stock.

Series A-1 Liquidation Preference means $42.20 per share of Series A-1 Preferred Stock, as adjusted from time to time for Series A-1 Preferred Stock stock splits, stock dividends, recapitalizations and the like, plus all declared or accrued but unpaid dividends or distributions for such share to the date of final distribution.

Series A-1 Liquidation Preference means the aggregate amount payable to all shares of Series A-1 Preferred Stock outstanding as of immediately prior to the Effective Time in accordance with Article Fourth, Section B.3(c) of the Charter.

Series A-1 Liquidation Preference means, as to each share of Series A-1 Preferred Stock, the greater of (i) one times the Original Series A-1 Issue Price, plus all accrued or declared but unpaid dividends thereon, if any, as adjusted for stock splits, reverse stock splits and similar type transactions or occurrences with respect to the Series A-1 Preferred Stock or (ii) the amount that the holders of the Series A-1 Preferred Stock would receive per share of Common Stock if all shares of Series A-1 Preferred Stock were converted to Common Stock immediately prior to a Liquidation Event (as defined below).

Series A-1 Liquidation Preference means $0.6523 (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like with respect to the Company Series A-1 Preferred Stock occurring after the date of this Agreement and prior to the Closing).