Liquidation Preferences definition

Liquidation Preferences has the meaning set forth in Section 6.3.B hereof.

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Liquidation Preferences means with respect to Series D and Series E of the Company Preferred Stock the quotient (calculated to the forth decimal place) obtained by dividing (a) $1.79 for Series D and $2.191362 for Series E by (b) the Average Closing Price.

Liquidation Preferences means $125.00 per share with respect to each of the Series A Preferred, plus any and all accrued unpaid dividends thereon.”

Examples of Liquidation Preferences in a sentence

• The Grantor shall pay Dividends on, the redemption price of, and Liquidation Preferences on, the Company Preferred Securities directly to the Paying Agent for distribution to the Holders of the Trust Preferred Securities in accordance with the terms of this Trust Agreement and the paying agency agreement as then in effect with the Paying Agent.

• If the assets of the Corporation available for distribution to the holders of the Preferred Stock shall not be sufficient to make in full the payments required by this Section B(3)(a), such assets shall be distributed ratably among the holders of the Preferred Stock based upon the aggregate Liquidation Preferences of the shares of Preferred Stock held by each such holder.

• It is clarified that the rights of the holders of the Series H CCPS shall be subordinate to the rights of the holders of the CCDs and Proparco CCPS in relation to the Liquidation Preferences of the Company.

• No such dividend shall be declared or paid on the Preferred Stock of any series in accordance with the preceding sentences unless dividends are simultaneously declared or paid on the Preferred Stock of each other series, and if less than the full annual dividend for each series is so declared or paid, the amounts declared and paid for each series shall be determined pro rata on the basis of the Liquidation Preferences for the shares of the respective series.

• If, in any distribution described in Section 6(a), the assets of the Corporation or proceeds thereof are not sufficient to pay the Liquidation Preferences in full to all Holders of Series D Preferred Stock, then the amounts paid to the Holders of Series D Preferred Stock shall be paid pro rata in accordance with the respective aggregate Liquidation Preferences of the Holders of Series D Preferred Stock.

• The Supermajority voting rights and Liquidation Preferences of the Series A Preferred Shares shall be suspended until the Preferred Shares are redeemed or converted (the “Series A Agreement”).

• If, upon any such termination, the Liquidation Distribution can be paid only in part because the Trust has insufficient assets available to pay in full the aggregate Liquidation Distribution, then, subject to the next succeeding sentence, the amounts payable by the Trust on the Trust Securities shall be paid on a pro rata basis (based upon Liquidation Preferences).

• Notwithstanding anything to the contrary contained herein, the rights of the holders of the Series H CCPS shall be subordinate to the rights of the holders of the CCDs, Proparco CCPS in relation to the Liquidation Preferences of the Company.

• Subject to the foregoing and applicable law, a Global Preferred Certificate is not exchangeable, except for a Global Preferred Certificate of the same aggregate Liquidation Preferences to be registered in the name of the Depository or its nominee.

• If in any distribution described in Section 5(a) above, the assets of the Corporation or proceeds thereof are not sufficient to pay the Liquidation Preferences in full to all holders of Series A as to such distribution, the amounts paid to the holders of Series A shall be paid pro rata in accordance with the respective aggregate Liquidation Preferences of the holders of Series A.

More Definitions of Liquidation Preferences

Liquidation Preferences shall have the meaning set forth in Section 4.2(b)(iii)(C).

Liquidation Preferences. In the event of any liquidation, dissolution or winding up of the Company, the holders of the Series F Preferred (together with the holders of the shares of Series D Preferred Stock of the Company) will receive in preference to the holders of any other class or series of capital stock of the Company, a per share amount equal to the original purchase price of a share of Series F Preferred, plus any accrued and unpaid dividends.

Liquidation Preferences. Lock-Up Securities: Lock-Up Period: [Depositary Share Provisions:] [Other Terms:] Terms of Equity Warrants [Number of Equity Warrants issued with each Firm and Additional Security:] Detachable Date:

Liquidation Preferences means, with respect to each share of Preferred Stock, an amount equal to the sum of (i) the Issue Price of such share, plus (ii) for each year or portion thereof that the Preferred Stock shall be outstanding, an amount equal to one-half of one percent of the Issue Price of such share, provided that the maximum increase in the Liquidation Preference per share of Preferred Stock shall not exceed five percent (5%) of the Issue Price of such share. In the event of a stock dividend, subdivision, reclassification, distribution or similar event relating to the Preferred Stock, the Liquidation Preference of each share of Preferred Stock shall be adjusted proportionately to reflect any resulting increase or decrease in the number of outstanding shares of Preferred Stock.