Liquidation Preference definition
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 has the meaning set forth in Section 4(a).
Liquidation Preference with respect to a given number of VMTP Shares, means $100,000 times that number.
Examples of Liquidation Preference in a sentence
Each outstanding Series A Preferred Unit will accumulate cumulative distributions (calculated in accordance with Section 2.C(i)(b)) at a rate per annum equal to the Regular Distribution Rate on the Liquidation Preference thereof, regardless of whether or not declared or funds are legally available for their payment (such distributions that accumulate on the Series A Preferred Units pursuant to this sentence, “Regular Distributions”).
More Definitions of Liquidation Preference
Liquidation Preference means $1,000 per share of Series A Preferred Stock.
Liquidation Preference shall have the meaning ascribed to it in Section 5(a).
Liquidation Preference means, with respect to any share of Series A Preferred Stock, as of any date, $1,000 per share.
Liquidation Preference means, with respect to each share of Series A Preferred Stock, at any time, $1,000.
Liquidation Preference means, as to the Series F Preferred Stock, $1,000 per share (as adjusted for any split, subdivision, combination, consolidation, recapitalization or similar event with respect to the Series F Preferred Stock).
Liquidation Preference with respect to a given number of VRDP Shares, means $100,000 times that number.
Liquidation Preference means $2.8304 per share for the Series A Preferred Stock, $3.09636 per share for the Series A-1 Preferred Stock, $7.5335 per share for the Series B Preferred Stock, $12.321756 per share for the Series C Preferred Stock and $13.753792 per share for the Series D Preferred Stock (each subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein).