Series B Preference definition

Series B Preference means $1.48.

Series B Preference means $0.80, plus an amount equal to all accrued but unpaid dividends on each share of Series B Preferred Stock.

Series B Preference means $2.00.

Examples of Series B Preference in a sentence

• Any shares of Series B Preference Stock purchased or otherwise acquired by the Corporation in any manner whatsoever shall be retired and cancelled promptly after the acquisition thereof.

• All notices or communications in respect of the Series B Preference Units shall be sufficiently given if given in writing and delivered in person or by first class mail, postage prepaid, or if given in such other manner as may be permitted in this Article XVII, this Agreement or by applicable law.

• Each Series B Preference Unit shall be identical in all respects to every other Series B Preference Unit, except as to the respective dates from which the Series B Liquidation Preference shall increase or from which Series B Distributions may begin accruing, to the extent such dates may differ.

• Series B Preference Units that are purchased or otherwise acquired by the Partnership shall be cancelled.

• The Series B Preference Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the holder for redemption thereof at a particular date.

More Definitions of Series B Preference

Series B Preference means the result of multiplying (i) the aggregate number of shares of Series B Preferred Stock outstanding immediately prior to the Effective Time by (ii) $0.80.

Series B Preference. Series B Preference" shall have the meaning ascribed to such term in Section 1.5(b)(i) of this Agreement.

Series B Preference means, at any time of determination, an amount equal to (a) $[●], less (b) the aggregate amount of any prior distributions pursuant to Section 8.1(a)(i) in respect of the Series B Units (but not below zero).

Series B Preference means $7.74 per share of Series B Preferred Stock, multiplied by the number of shares of Series B Preferred Stock outstanding immediately prior to the Effective Time.

Series B Preference means that amount equal to the product of the Total Outstanding Series B Preferred Shares multiplied by $1.229.

Series B Preference with respect to all of the outstanding shares of Series B Preferred Stock, in the aggregate, shall mean that amount of the Shareholder Consideration equal to "A" in the following formula: A = (1-P)*(any Principal or Contingency Payments made to holders of EyeSys Notes in excess of $3,359,993, plus the Shareholder Consideration), where P equals (9.732853 * 10/-8/ * (any Principal or Contingency Payments made to holders of EyeSys Notes in excess of $3,359,993, plus the Shareholder Consideration)) minus 0.31470577; provided, however, in no event shall P be less than .2726550 or more than .4016254.

Series B Preference with respect to all of the outstanding shares of Series B Preferred Stock, in the aggregate, shall mean that amount of the Shareholder Consideration equal to "A" in the following formula: A = (1-P)*(Shareholder Consideration), where P equals (9.732853 * 10(8) * Shareholder Consideration) minus 0.31470577; provided, however, in no event shall P be less than .2726550 or more than .4016254.