Aggregate Preference Amount definition

Aggregate Preference Amount means an amount equal to the product of (i) the Series A Per Share Preference, multiplied by (ii) the sum of (A) the aggregate number of shares of Series A Preferred Stock outstanding immediately prior to the Effective Time, plus (B) the aggregate number of shares of Series A Preferred Stock issuable upon exercise of the Series A Warrants.
Aggregate Preference Amount as to any Preference Share means, as of any date: (a) the Accrued Liquidation Preference, plus (b) after an Insolvency Event, accrued and unpaid Preference Dividends added to the Liquidation Preference in accordance with Section 4.1, minus (c) after an Insolvency Event, the aggregate Base Amounts of any special dividends paid pursuant to Section 4.2(b).

Examples of Aggregate Preference Amount in a sentence

  • For the purposes of calculating the Aggregate Preference Amount, amounts received by the Comet Preferred Holders shall be credited toward the Aggregate Preference Amount when received and in the order received, and FindWhat Common Shares shall be valued on the basis of the FindWhat Average Price.

  • After the payment to the holders of Common Stock of an amount equal to the Aggregate Preference Amount, the remaining assets of the Corporation available for distribution to stockholders shall be distributed ratably to the holders of Common Stock (treating for purposes of this calculation all shares of convertible Preferred Stock as having been converted into Common Stock).

  • After the payment to the holders of Common Stock of an amount equal to the Aggregate Preference Amount, the remaining assets of the Corporation available for distribution to stockholders shall be distributed ratably to the holders of Common Stock (treating for purposes of this calculation all shares of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock as having been converted into Common Stock).

  • In any such case, the Global Preference Shares shall be exchanged for certificated Preference Shares in registered form, with the same terms and with an equal Aggregate Preference Amount and equal Aggregate Dividend Preference, and bearing any applicable legends pursuant to Section 10.1. Certificated Preference Shares shall be registered in the name or names of the Person or Person specified by the Depositary in a written instrument to the Registrar.

  • The Entity is required to maintain certain accounts with the Trustee as specified by the Indenture.


More Definitions of Aggregate Preference Amount

Aggregate Preference Amount shall be determined by multiplying the Preference Per Share Amount by the aggregate number of shares of Company Preferred Stock outstanding immediately prior to the Effective Time.
Aggregate Preference Amount means the sum of the Series A Preference Amount, the Series B Preference Amount, the Series C Preference Amount, the Series D Preference Amount, and the Special Stock Preference Amount.
Aggregate Preference Amount means the sum of the following:
Aggregate Preference Amount means $17,843,184.73.
Aggregate Preference Amount means the sum, in dollars, of (a) the product obtained by multiplying the number of shares of Series A Preferred Stock outstanding immediately prior to the Effective Time (other than any shares of Series A Preferred Stock required to be cancelled pursuant to Section 3.2(d)) by the Liquidation Preference per share of Series A Preferred Stock, (b) the product obtained by multiplying the number of shares of Series B Preferred Stock outstanding immediately prior to the Effective Time (other than any shares of Series B Preferred Stock required to be cancelled pursuant to Section 3.2(d)) by the Liquidation Preference per share of Series B Preferred Stock and (c) the product obtained by multiplying the number of shares of Series C Preferred Stock outstanding immediately prior to the Effective Time (other than any shares of Series C Preferred Stock required to be cancelled pursuant to Section 3.2(d)) by the Liquidation Preference per share of Series C Preferred Stock.
Aggregate Preference Amount means the product of the number of Preference Shares issued and outstanding on the Effective Date multiplied by the Per Share Preference Amount.
Aggregate Preference Amount means the sum of the Series A-1 Preference Amount, the Series A-2 Preference Amount, the Series A-3 Preference Amount, the Series B-1 Preference Amount, the Series B-2 Preference Amount, the Series B-3 Preference Amount, Series C Preference Amount, and the Series D Preference Amount.