Per Share Liquidation Preference definition

Per Share Liquidation Preference means, with respect to each issued and outstanding Preference Share as of immediately prior to the Effective Time, an amount equal to the “Liquidation Preference” of such share at such time under and as defined in the Certificate of Designation. As of the Execution Date, the Per Share Liquidation Preference is $0.735 per Preference Share.
Per Share Liquidation Preference means the Liquidation Preference divided by [THE NUMBER OF SHARES OF SERIES C PREFERRED STOCK]. If upon the occurrence of such event, and after payment in full of the preferential amounts with respect to the Senior Securities, the assets and funds available to be distributed among the Holders and the holders of Parity Securities shall be insufficient to permit the payment of the full preferential amounts due to the Holders and the holders of the Parity Securities, respectively, then the entire assets and funds of the Company legally available for distribution shall be distributed among the Holders and the holders of the Parity Securities, pro rata, based on the respective liquidation amounts to which each such series of stock is entitled by the Company's certificate of incorporation, as amended, and any certificate(s) of designation relating thereto.

Examples of Per Share Liquidation Preference in a sentence

  • The Per Share Liquidation Preference shall be paid to the Preference Share Holder in accordance with the procedures set forth in Section 3.7 and Section 3.13.

  • This series of Preferred Shares shall be designated as Series H Cumulative Convertible Preferred Shares of Beneficial Interest ($.01 Par Value Per Share) (Liquidation Preference $25.00 Per Share) (the “Series H Preferred Shares”) and 164,951 shall be the number of shares constituting such series.

  • The Company may redeem any or all of the Series C Preferred Stock for the Per Share Liquidation Preference times the number of shares to be redeemed upon thirty (30) days prior written notice to the Holders or any Holder (the "Redemption Notice").

  • Page 2 SBLF Participant No. 0278 Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series A Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 32,000 shares Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • Xxxx Title: Deputy Assistant Secretary Title: President & Chief Executive Officer Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series C Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 7,800 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • If the Merger Consideration shall be insufficient to make payment in full to all holders of Series E Convertible Preferred Stock of the Series E Per Share Liquidation Preference with respect to each share of Series E Convertible Preferred Stock held, then the Merger Consideration shall be distributed among the holders of the Series E Convertible Preferred Stock ratably in proportion to the full amounts to which they would otherwise be respectively entitled.

  • INCORPORATED UNDER THE LAWS OF THE COMMONWEALTH OF PUERTO RICO 7.25% NONCUMULATIVE MONTHLY INCOME PREFERRED STOCK, 1999 SERIES B SEE REVERSE SIDE FOR CERTAIN LEGENDS CUSIP 929251 30 4 THIS CERTIFIES THAT: --SPECIMEN-- is the owner of --SPECIMEN-- Fully Paid and Nonassessable Shares of 7.25% Noncumulative Monthly Income Preferred Stock, 1999 Series B, Par Value $1.00 Per Share, Liquidation Preference $25.00 Per Share, of W Holding Company, Inc.

  • Ayscue Interim President and Chief Executive Officer AB&T Financial Corporation 292 West Main Avenue Gastonia, NC 28052 Terms of the Purchase: Series of Preferred Stock Purchased: Fixed Rate Cumulative Perpetual Preferred Stock, Series A Per Share Liquidation Preference of Preferred Stock: $1,000 Number of Shares of Preferred Stock Purchased: 3,500 Dividend Payment Dates on the Preferred Stock: Feb.

  • Xxxxx Title: Deputy Assistant Secretary Title: President and Chief Executive Officer Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series C Per Share Liquidation Preference of Preferred Stock: $ 1,000 per share Number of Shares of Preferred Stock Purchased: 9,000 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • Xxxxxxxx Title: Deputy Assistant Secretary Title: Chief Executive Officer and President Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Class A Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 5,700 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.


More Definitions of Per Share Liquidation Preference

Per Share Liquidation Preference means $1.60 per share of Company Series A Preferred Stock in cash.
Per Share Liquidation Preference for any series of Preferred Shares, shall be as such amount is set forth in Section 1 of the applicable Article of Appendix A.
Per Share Liquidation Preference means $1.60 per share of Company Series A Preferred Stock in cash. (6) " Per Share Merger Consideration" shall mean an amount equal to the sum of (x) Per Share First Installment Merger Consideration and (y) the Per Share Second Installment Merger Consideration. (7) " Per Share First Installment Merger Consideration" shall mean an amount per share of Company Common Stock equal to (x) the First Installment Merger Consideration multiplied by (y) the Pro Rata Per Share Amount. (8) " Per Share Second Installment Merger Consideration" shall mean an amount equal to (x) Second Installment Merger Consideration multiplied by (y) the Pro Rata Per Share Amount. (9) " Option Exercise Price" shall mean, in respect of each outstanding Company Option, the exercise price per share of Company Common Stock issuable upon exercise of such Company Option. (10) "Aggregate Option Exercise Amount" shall mean the aggregate Option Exercise Price in respect of all Entitled Company Options outstanding immediately prior to the Effective Time. (11) "Gross Aggregate Consideration" shall mean the sum of (i) the Merger Consideration plus (ii) $34,000,000 plus (iii) the Aggregate Option Exercise Amount. (12) "Net Aggregate Consideration" shall mean the sum of (i) the Gross Aggregate Consideration minus(ii) the Aggregate Option Exercise Amount. (13) "Per Common Share Total Consideration" shall mean an amount equal to (x) the Gross Aggregate Consideration divided by (y) the aggregate number of shares of Company Common Stock issued and outstanding on a fully diluted basis (including Company Common Stock issuable upon conversion of the Company Series A Preferred Stock and upon exercise of issued and outstanding Company Options,
Per Share Liquidation Preference means (a) with respect to the Company Series Seed Preferred Stock, the Series Seed Liquidation Preference and (b) with respect to the Company Series Seed-2 Preferred Stock, the Series Seed-2 Liquidation Preference.
Per Share Liquidation Preference means an amount of cash per share of Series A Preferred Stock equal to One Thousand Dollars ($1,000) plus all accrued and unpaid dividends on each share of Series A Preferred Stock as of immediately prior to the First Step Merger Effective Time.
Per Share Liquidation Preference means: (a) with respect to a share of Series A Convertible Preferred Stock, $3.004; (b) with respect to a share of Series B Convertible Preferred Stock, $0.6329; (c) with respect to a share of Series C Convertible Preferred Stock, $0.87843; (d) with respect to a share of Series D Convertible Preferred Stock, $1.0154; and (e) with respect to a share of Series E Convertible Preferred Stock, $1.1943.

Related to Per Share Liquidation Preference

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $1,000 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series A Preferred Units), which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).