Examples of Aggregate Liquidation Preference in a sentence
Commencing as of December 31, 2005 and on each Adjustment Date thereafter, the Series D Perpetual Preferred Liquidation Preference shall be adjusted upward or downwards by an amount equal to the quotient of: (v) the change in the Aggregate Liquidation Preference as of such Adjustment Date; divided by (w) the number of Series D Perpetual Preferred Shares outstanding.
After the Aggregate Liquidation Preference has been paid to the General Partner, liquidating distributions shall be made to the Partners as provided in Section 5.06(a).
It agrees that the Company may offer, without its prior consent, to the Additional Investors or other Persons who are not Stockholders, the opportunity to subscribe for additional Rights Shares provided the aggregate purchase price for such shares does not exceed (i) $12.5 million minus (ii) the Aggregate Liquidation Preference of all Preferred Shares sold to the Additional Investors hereunder.
Prior to making payments to the Partners under Section 5.06(a), the Capital Account of the General Partner shall be reduced to reflect the payment of the Aggregate Liquidation Preference.
Redeemable Convertible Preferred Stock As of December 31, 2014 redeemable convertible preferred stock consisted of the following (in thousands, except share amounts): Shares Authorized Shares Issued and Outstanding Net Carrying Value Aggregate Liquidation Preference Series A 50,163,168 49,913,168 $ 54,273 $ 55,254 Series B 19,200,000 19,200,000 47,888 48,035 Total redeemable convertible preferred stock 69,363,168 69,113,168 $ 102,161 $ 103,289 F-33 Table of Contents GLOBAL BLOOD THERAPEUTICS, INC.