Final Liquidation Preference definition

Final Liquidation Preference shall have the meaning provided in Section 6(a).
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Final Liquidation Preference means per Preference Share EUR 296,918.07 which amount calculated against the New York Exchange Rate is equivalent to $258,707.04.
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Examples of Final Liquidation Preference in a sentence

  • If, following an Absence of Suitable Indices Event, AH4R exercises its option to redeem the 5.000% Series B Participating Preferred Shares as provided in Section 7(c) of the Articles Supplementary, the Partnership shall redeem all of the 5.000% Series B Participating Preferred Units for cash at a redemption price equal to the Final Liquidation Preference (the “Absence of Suitable Indices Redemption Right”).

  • Any time after September 30, 2017 but prior to September 30, 2020, the Trust, at its option, upon giving notice as provided below, may redeem all but not less than all of the Series A Preferred Shares at any time, for cash at a redemption price equal to the Final Liquidation Preference (the “Regular Redemption Right”).

  • If, following an Absence of Suitable Indices Event, the Trust does not convert all of the outstanding Series B Preferred Shares in accordance with paragraph (11)(c), the Trust shall redeem all of the Series B Preferred Shares for cash at a redemption price equal to the Final Liquidation Preference (the “ Absence of Suitable Indices Redemption Right”).

  • Any time after September 30, 2017 but prior to September 30, 2020, the Trust, at its option, upon giving notice as provided below, may redeem all but not less than all of the Series B Preferred Shares at any time, for cash at a redemption price equal to the Final Liquidation Preference (the “Regular Redemption Right”).

  • If, following an Absence of Suitable Indices Event, the Trust does not convert all of the outstanding Series C Preferred Shares in accordance with paragraph (11)(c), the Trust shall redeem all of the Series C Preferred Shares for cash at a redemption price equal to the Final Liquidation Preference (the “ Absence of Suitable Indices Redemption Right”).

  • Any time after December 31, 2017 but prior to December 31, 2020, the Trust, at its option, upon giving notice as provided below, may redeem all but not less than all of the Series B Preferred Shares at any time, for cash at a redemption price equal to the Final Liquidation Preference (the “Regular Redemption Right”).

  • If, following an Absence of Suitable Indices Event, AH4R exercises its option to redeem the 5.500% Series C Participating Preferred Shares as provided in Section 7(c) of the Articles Supplementary, the Partnership shall redeem all of the 5.500% Series C Participating Preferred Units for cash at a redemption price equal to the Final Liquidation Preference (the “Absence of Suitable Indices Redemption Right”).

  • If, following an Absence of Suitable Indices Event, the Corporation does not convert all of the outstanding shares of Series B Preferred Stock in accordance with paragraph (11)(c) below, the Corporation shall redeem all of the then-outstanding shares of Series B Preferred Stock for cash at a redemption price equal to the Final Liquidation Preference (the “ Absence of Suitable Indices Redemption Right”).

  • If, following an Absence of Suitable Indices Event, the Trust does not convert all of the outstanding Series A Preferred Shares in accordance with paragraph (11)(c), the Trust shall redeem all of the Series A Preferred Shares for cash at a redemption price equal to the Final Liquidation Preference (the “ Absence of Suitable Indices Redemption Right”).

  • If, following an Absence of Suitable Indices Event the Trust does not convert all of the outstanding Series A Preferred Shares in accordance with paragraph (11)(c) the Trust shall redeem all of the Series A Preferred Shares, for cash at a redemption price equal to the Final Liquidation Preference (the “ Absence of Suitable Indices Redemption Right”).

Related to Final Liquidation Preference

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

  • 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).

  • 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 $25.00 per Series A Preferred Mirror Unit. The Series A Liquidation Preference shall be the “Liquidation Preference” with respect to the Series A Preferred Mirror Units.

  • 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 C Preferred Stock.

  • Nominal Liquidation Amount means, notwithstanding anything to the contrary in the Indenture Supplement, with respect to the Class C(2020-5) Notes:

  • 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.

  • Series A Liquidation Value means the amount equal to the sum of (i) the Series A Issue Price, plus (ii) all Series A Unpaid Distributions, plus (iii) Series A Partial Period Distributions, in each case, with respect to the applicable Series A Preferred Unit.

  • Liquidation Parity Stock means any class or series of stock of the Corporation, other than Series A Preferred Stock, that ranks equally with the Series A Preferred Stock as to the distribution of assets in connection with any liquidation, dissolution or winding up of the affairs of the Corporation.

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

  • 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.

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

  • 10% in liquidation amount of the Securities means Holders of outstanding 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.

  • 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.

  • Liquidation Price means the price at which the Trustee sells the Underlying Securities.

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

  • 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.

  • 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.

  • Nominal Liquidation Amount Deficit means, for any tranche of notes, the Adjusted Outstanding Dollar Principal Amount minus the nominal liquidation amount of that tranche.

  • Senior Non Preferred Liabilities means any unsubordinated and unsecured senior non preferred obligations (créditos ordinarios no preferentes) of Banco Santander under Additional Provision 14.2º of Law 11/2015 (including any Notes) and any other obligations which, by law and/or by their terms, and to the extent permitted by Spanish law, rank pari passu with the Senior Non Preferred Liabilities.

  • 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.