Liquidation Preference Per Share definition
Examples of Liquidation Preference Per Share in a sentence
There is no liability for dividends accrued and unpaid by the Company, except for the liability to the Class E Shareholders to pay dividends on the Class E Shares, and such liability to the Class E Shareholders that will be fully satisfied by the payment of the Class E Liquidation Preference Per Share.
Notwithstanding anything to the contrary in the Company’s articles or elsewhere, each Class E Shareholder hereby agrees that the amount of accrued dividends with respect to the Class E Shares, and the corresponding Class E Liquidation Preference Per Share shall be determined as of and through the date that is five (5) Business Days prior to the Closing Date and that no dividends shall accrue from and after such date.
If holders of Series B Preferred Shares received, with respect to each such Series B Preferred Share, an amount at least equal to the Series B Liquidation Preference Per Share pursuant to this Agreement, then, except pursuant to subparagraph (4) below, holders of the Series B Preferred Shares shall not be entitled to any Component Two Consideration.
If holders of Series C Preferred Shares received, with respect to each such Series C Preferred Share, an amount at least equal to the Series C Liquidation Preference Per Share pursuant to this Agreement, then, except pursuant to subparagraph (4) below, holders of the Series C Preferred Shares shall not be entitled to any Component Two Consideration.
Preferred Series Outstanding Shares Outstanding Liquidation Preference Per Share Involuntary Voluntary Call Price Per Share On December 29, 1999, the company notified the holders of its $4.36 convertible series preferred stock and its $4.60 convertible series preferred stock that the Board of Directors of Washington Gas had voted to redeem all outstanding shares of its convertible stock at a price of $100 per share on February 1, 2000.
Preferred Series Outstanding Liquidation Preference Per Share Involuntary Voluntary Call Price Per Share On December 29, 1999, the company notified the holders of its $4.36 convertible series preferred stock and its $4.60 convertible series preferred stock that the Board of Directors of Washington Gas had voted to redeem all outstanding shares of its convertible stock at a price of $100 per share on February 1, 2000.
If, after the Effective Time, any such holder fails to perfect or withdraws or loses such holder’s right to appraisal, such Dissenting Shares shall thereupon be treated as if they had been converted as of the Effective Time into the right to receive the Per Share Merger Consideration or the Liquidation Preference Per Share, if any, to which such holder is entitled, without interest.
Until surrendered in accordance with the provisions of this Section 2.10 and the Letter of Transmittal, any Certificate (other than Certificates representing Shares described in Sections 2.7(c) and (d) and any Dissenting Shares) shall be deemed, at any time after the Effective Time, to represent only the right to receive the Per Share Merger Consideration or the Liquidation Preference Per Share payable with respect thereto, in cash, without interest, as contemplated herein.
The number of shares of Common Stock to which a holder of Series D Convertible Preferred Stock shall be entitled upon a Conversion shall equal the quotient obtained by dividing (a) the aggregate Liquidation Preference Per Share of the shares of Series D Convertible Preferred Stock being converted by (b) the Conversion Rate.