Adjusted Liquidation Preference definition

Adjusted Liquidation Preference means, for each share of Series S Junior Preferred Stock, $12,667.19.
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Adjusted Liquidation Preference means, with respect to any conversion of the Series A, the sum of (i) the Liquidation Preference determined as of the conversion date plus (ii) (A) the Accrued Dividends with respect to such conversion date multiplied by (B) a fraction the numerator of which is the Conversion Price determined as of such conversion date and the denominator of which is the last Closing Price for the Common Stock on the last Trading Day before the conversion date; provided, however, that in the case of any Mandatory Conversion on or prior to November 27, 2002, for purposes of the foregoing the Liquidation Preference shall be deemed to be $26.40 per share and there shall be deemed to be no Accrued Dividends.
Sample 1
Adjusted Liquidation Preference means the greater of (a) $3,000 per share of Preferred Stock and (b) the per share amount, as determined in good faith by the Board, of all cash and other property to be distributed in respect of the Common Stock a holder of one share of Preferred Stock would have been entitled to had it converted such Preferred Stock immediately prior to the date fixed for such liquidation, dissolution or winding up of the Corporation.
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Examples of Adjusted Liquidation Preference in a sentence

  • The Company shall notify each Holder of the amount it has calculated as the Adjusted Liquidation Preference per share of Series G Preferred Stock by first class mail, postage prepaid, addressed to the Holders at their respective last addresses appearing on the books of the Company.

  • If any fraction of a share would otherwise be issuable, the Company shall pay to the Holder an amount in cash equal to such fraction multiplied by the Adjusted Liquidation Preference (as defined in the Certificate of Designation).

  • In any such case, the Global Preferred Shares shall be exchanged in whole for certificated shares of Preferred Stock in registered form, with the same terms and of an equal aggregate Adjusted Liquidation Preference (unless the Corporation determines otherwise in accordance with applicable law).

  • The "Optional Redemption Price" per share shall be the Adjusted Liquidation Preference as of the Optional Redemption Date (as defined below).

  • The Company shall notify each Holder of the amount it has calculated as the Adjusted Liquidation Preference per share of Series C Preferred Stock by first-class mail, postage prepaid, addressed to the Holders at their respective last addresses appearing on the books of the Company.

  • The Company shall notify each Holder of the amount it has calculated as the Adjusted Liquidation Preference per share of Series D Preferred Stock by first-class mail, postage prepaid, addressed to the Holders at their respective last addresses appearing on the books of the Company.


More Definitions of Adjusted Liquidation Preference

Adjusted Liquidation Preference means the lesser of (a) $100.00 or (b) $100.00 times a fraction, the numerator of which shall be the aggregate Stabilized Value (as defined below) of the Contributed Development Assets, minus the sum of (A) the Initial Common Stock Payment and (B) the aggregate Contingent Equity Payment and (C) the amount expended by Acquirer between the Closing Date and the date of Stabilization of the last of the Contributed Development Assets plus the allocated capital charge of eight percent (8%), compounded annually, and the denominator of which shall be the aggregate Initial Preferred Stock Payment.
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Adjusted Liquidation Preference means, with respect to each share of Preferred Stock, the sum of (a) the Base Liquidation Preference per share of 19 Preferred Stock plus accrued and unpaid dividends thereon and (b) the result of (i) the amount by which (x) 7.5 percent of the Excess Retained Earnings exceeds (y) the aggregate amount of cash dividends paid pursuant to the final sentence of paragraph 2(i) that are not in excess of the dividends paid pursuant to the first sentence of paragraph 2(i), divided by (ii) the total number of shares of Preferred Stock outstanding on the date (the "Calculation Date") of the event giving rise to the calculation of the Adjusted Liquidation Preference (including, without limitation, the redemption of the Preferred Stock or the liquidation of the Corporation).
Sample 1
Adjusted Liquidation Preference means, with respect to any conversion of the Series A, the sum of (i) the Liquidation Preference determined as of the conversion date plus (ii) (A) the Accrued Dividends with respect to such conversion date multiplied by (B) a fraction the numerator of which is the Conversion Price determined as of such conversion date and the denominator of which is the last Closing Price for the Common Stock on the last Trading Day before the conversion date; provided, however, that in the case of any Mandatory Conversion on or prior to November __, 2002, for purposes of the foregoing the Liquidation Preference shall be deemed to be $26.40 per share and there shall be deemed to be no Accrued Dividends.
Sample 1
Adjusted Liquidation Preference means, as to a share of a particular series of Company Preferred Stock, the amount per share set forth in Exhibit D.
Sample 1

Related to Adjusted Liquidation Preference

  • 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).

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

  • 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 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).

  • 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.

  • 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.

  • 10% in Liquidation Amount means, with respect to the Trust Securities, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust 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 accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Senior Liquidation Amount For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Loan which became a Liquidated Mortgage Loan during the Prior Period, of the lesser of: (i) the Senior Percentage of the Principal Balance of such Mortgage Loan and (ii) the Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan and (B) the Senior Prepayment Percentage of any Subsequent Recoveries for such Distribution Date.

  • Subordinate Liquidation Amount For any Distribution Date and each Loan Group, the excess, if any, of the aggregate Liquidation Principal of Mortgage Loans related to that Loan Group which became Liquidated Mortgage Loans during the prior calendar month over the related Senior Liquidation Amount for that Distribution Date.

  • Nominal Liquidation Amount means, notwithstanding anything to the contrary in the Indenture Supplement, with respect to the Class C(2020-4) Notes:

  • Orderly Liquidation Value means the net amount (after all costs of sale), expressed in terms of money, which Agent, in its good faith discretion, estimates can be realized from a sale, as of a specific date, given a reasonable period to find a purchaser(s), with the seller being compelled to sell on an as-is/where-is basis.

  • Net Liquidation Percentage means the percentage of the book value of Borrowers’ Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such percentage to be as determined from time to time by an appraisal company selected by Agent.

  • Liquidation Parity Stock means any class or series of stock of the Corporation (other than the Series L Preferred Stock) that ranks equally with the Series L Preferred Stock in the distribution of assets on any liquidation, dissolution or winding up of the Corporation.

  • Second Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(E).

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Net Orderly Liquidation Value means, with respect to Inventory of any Person, the orderly liquidation value thereof as determined in a manner acceptable to the Administrative Agent by an appraiser acceptable to the Administrative Agent, net of all costs of liquidation thereof.

  • Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. Section 1.708-1(b)(1)(iv) in the event of a termination of the Company pursuant to section 708(b)(1)(B) of the Code.

  • Cash Liquidation As to any defaulted Mortgage Loan other than a Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan.

  • Liquidation Amount means $1,000 per share of Designated Preferred Stock.

  • Pro-rata Liquidation means an amount equal to the liquidation of the relevant Collateral Assets held in the Margin Account for a Series of ETP Securities, pro rata to the amount of ETP Securities being redeemed divided by the total number of ETP Securities for such Series, after the pro rata deduction of all costs and expenses incurred by the Issuer in connection with the liquidation of such Collateral Assets, the pro rata deduction of the Arranger Fee and any Funding and Brokerage Fees.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Majority in Liquidation Amount means, with respect to the Trust Securities, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust 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 more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Majority in Liquidation Amount of the Preferred Securities means a vote by the Holder(s), voting separately as a class, of more than fifty percent (50%) of the aggregate Liquidation Amount of all then outstanding Preferred Securities issued by the Issuer.