Examples of Liquidation Price in a sentence
The Redemption of any Class A Ordinary Share shall be effected by the Company making payment of the Liquidation Price to the account of the Member (or to a custodian or agent for the benefit of the Member) or by such other means as the Board reasonably determines and the Class A Ordinary Share(s) for which the liquidation amount has been paid shall be deemed to be retired and canceled immediately upon the making of such payment.
The Redemption of any Class A Ordinary Shares of a Series shall be effected by such Series making payment of the applicable Liquidation Price to the account of the Member of such Series (or to a custodian or agent for the benefit of the Member of such Series) or by such other means as the Board reasonably determines and the Class A Ordinary Share(s) of such Series for which the liquidation amount has been paid shall be deemed to be retired and canceled immediately upon the making of such payment.
Upon receiving such Liquidation Price, the Trustee will immediately deliver the Underlying Security relating to such Call Warrant to the Warrantholder; provided, however, that if the Warrantholder delivers the Liquidation Price before the Early Termination Date, the Trustee shall not deliver the Underlying Security until the Early Termination Date.
Concurrently with the declaration of the Special Dividend pursuant to this paragraph 9(A)(1), the Conversion Price, the Liquidation Price and the Preferred Dividend Rate of all shares of ESOP Preferred Stock shall be adjusted by dividing the Conversion Price, the Liquidation Price and the Preferred Dividend Rate, respectively, in effect immediately before such event by the Section 9(A) Fraction.
If outstanding shares of the Series A Preferred Stock shall be divided into a greater number of shares of Series A Preferred Stock or into other securities of the Corporation convertible into or exchangeable for shares of Series A Preferred Stock, then the Liquidation Price and Redemption Price, each as in effect immediately prior to such division, shall, simultaneously with the effectiveness of such division, be proportionately reduced.