Examples of Preference Payment in a sentence
Any Credit Demand, Unpaid Demand Note Demand, Preference Payment Demand or Termination Demand may be delivered by facsimile transmission.
The Class A/B/C/D L/C Preference Payment Disbursement does not exceed the amount that is available to be drawn by the Trustee under the Class A/B/C/D Letter of Credit on the date of this certificate.
In the event that the number of outstanding shares of Class A Preferred Stock increases or decreases due to a split, dividend, subdivision, combination or other reclassification, the board of directors shall adjust the Liquidation Preference Payment accordingly.
By way of example, if ***, then the TLC Preference Payment shall be ***.
The Corporation shall deliver a written notice of any Liquidation Event pursuant to which any Liquidation Preference Payment shall be payable (each, a "Liquidation Preference Notice") to all holders of record of Series D Preferred Stock.