Per Share Liquidation Preference definition
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.
If the Merger Consideration shall be insufficient to make payment in full to all holders of Series A Convertible Preferred Stock of the Series A Per Share Liquidation Preference with respect to each share of Series A Convertible Preferred Stock held, then the Merger Consideration shall be distributed among the holders of the Series A Convertible Preferred Stock ratably in proportion to the full amounts to which they would otherwise be respectively entitled.
Series of Preferred Stock Purchased: Senior Non-Cumulative Preferred Stock, Series A Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 20,000 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.
Kum Title: Title: President and CEO [Securities Purchase Agreement – First California Financial Group – SBLF256] Series of Preferred Stock Purchased: 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: 25,000 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.
In the event the Company does not make such an amendment by the Amendment Date, the Holders shall be entitled to receive cumulative dividends per share at the rate of eight percent (8%) per annum of the Per Share Liquidation Preference (as defined below), which shall accrue daily from the date of issuance of the Series C Preferred Stock, and which shall be compounded quarterly.
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.
By: By: Name: ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Deputy Assistant Secretary Title: Executive Vice President & CFO Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 28,000 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.
The "Preferred Escrow Amount" shall consist of $0.10 per Preferred Share withheld from the Per Share Liquidation Preference (5,795,200 Preferred Shares x $0.10 per Preferred Share = $579,520).
By: /s/ ▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Deputy Assistant Secretary Title: Chief Executive Officer and Chairman 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: 57,366 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.
Corporate or other organizational form: Corporation Jurisdiction of Organization: Delaware Series of Serial Preferred Stock Purchased: Series F Fixed Rate Non-Cumulative Perpetual Preferred Stock (the “Series F Preferred Stock”) Per Share Liquidation Preference of Series F Preferred Stock: Initially $0, as such liquidation preference shall be adjusted from time to time upon each drawdown by the per share amount of such drawdown.