Preferred Liquidation Amount definition

Preferred Liquidation Amount shall have the meaning as set forth in the Company’s Certificate of Incorporation.

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Preferred Liquidation Amount means the product obtained by multiplying the Preferred Liquidation Amount Per Share by the number of shares of Company Preferred Stock outstanding immediately prior to the Effective Time, expressed as a decimal carried out to two places.

Preferred Liquidation Amount means the Series A Liquidation Amount, the Series B Liquidation Amount, the Series C Liquidation Amount, the Series F Liquidation Preference and the Series G Aggregate Preferred Priority Payment collectively.

Examples of Preferred Liquidation Amount in a sentence

• The aggregate amount which a holder of a share of Series A Preferred is entitled to receive for each share of Series A Preferred under Subsections 3(b) and 3(c) is hereinafter referred to as the “Series A Preferred Liquidation Amount” and together with the Series B Preferred Liquidation Amount, the “Preferred Liquidation Amount”.

• The aggregate amount payable to the holders of Preferred Interests in respect of each such Interest as described in this Section 4.2(b) is referred to herein as the "Preferred Liquidation Amount".

• Holders shall be entitled to receive, when, as and if declared by the Board (or a duly authorized committee of the Board), on each Dividend Payment Date, out of funds legally available therefor, non-cumulative cash dividends on the Series A Preferred Liquidation Amount per share of Series A Preferred Stock at a rate per annum equal to the Dividend Rate on each Dividend Payment Date for each Dividend Period.

• The Estimated Purchase Price shall be decreased (any such decrease, the “Parent Adjustment Amount”) by the sum of (i) the amount, if any, that the Final Company Net Indebtedness exceeds the Estimated Company Net Indebtedness Amount, (ii) the amount, if any, that the Final Preferred Liquidation Amount exceeds the Preferred Liquidation Amount set forth in the Closing Certificate, and (iii) the amount, if any, that the Final Company Expenses exceeds the Company Expenses set forth in the Closing Certificate.

• In the event of any voluntary or involuntary liquidation, dissolution or winding up of PubCo, other than for the Preferred Liquidation Amount, the holders of PubCo Preferred Shares shall not be entitled to share in any distribution of assets of PubCo available for distribution to the holders of PubCo Ordinary Shares.

More Definitions of Preferred Liquidation Amount

Preferred Liquidation Amount has the meaning set forth in Section 4.2(b).

Preferred Liquidation Amount means an amount equal to the sum of (A) the number of shares of Series A Preferred Stock outstanding at the Effective Time multiplied by $1.00 plus (B) the number of shares of Series B Preferred Stock outstanding at the Effective Time multiplied by $1.04 plus (C) the number of shares of Series C Preferred Stock outstanding at the Effective Time multiplied by $2.74 plus (D) the number of shares of Series D Preferred Stock referred to herein as Series D-1 Shares outstanding at the Effective Time multiplied by the Series D-1 Hurdle Return plus (E) the number of shares of Series D Preferred Stock referred to herein as Series D-2 Shares outstanding at the Effective Time multiplied by the Series D-2 Hurdle Return.

Preferred Liquidation Amount per share of Series A Preferred Stock shall be an amount equal to $2,170.00 plus all Accrued Dividends thereon to the date of determination.

Preferred Liquidation Amount means an amount equal to one hundred percent (100%) of the applicable Original Purchase Price.

Preferred Liquidation Amount means at any date: (i) $0.10016827 per share of Series A Preferred, (ii) $2.50 per share of Series B Preferred, (iii) $5.00 per share of Series C Preferred, (iv) $5.00 per share of Series D Preferred, and (v) $5.00 per share of Series E Preferred; plus, (w) in the case of the Series D Preferred, at any date of determination, an amount equal to 15% per annum of the Preferred Liquidation Amount (as in effect from time to time) accruing on a daily basis, but calculated with the effect of compounding on a quarterly basis as of each Quarterly Payment Date, for the period from March 10, 1999 through and including the date of determination, (x) in the case of the Series E Preferred, at any date of determination, an amount equal to 7.5% per annum of the Preferred Liquidation Amount (as in effect from time to time) accruing on a daily basis, but calculated with the effect of compounding on a quarterly basis as of each Quarterly Payment Date, for the period from August 4, 1999 through and including the date of determination, (y) in the case of all shares of Preferred (including the Series D Preferred), an amount equal to all declared and unpaid dividends on such share and (z) in the case of the Series C Preferred, at any date of determination, an amount equal to all PIK Dividends pursuant to and in accordance with Section 2(b) or any prorated PIK Dividend to the extent such determination date is on a date other than a Quarterly Payment Date. The Preferred Liquidation Amount of each series of Preferred shall be appropriately adjusted in each case for stock splits, reverse stock splits, stock dividends, stock combinations, and other events with

Preferred Liquidation Amount means all amounts payable to the holders of the Company’s Series A Preferred Stock as a result of the Closing pursuant to the Section 6 of the Company’s Certificate of the Powers, Designations, Preferences and Rights governing the Series A Preferred Stock.

Preferred Liquidation Amount initially shall mean: (i) $0.10016827 per share of Series A Preferred, (ii) $2.50 per share of Series B Preferred, (iii) $5.00 per share of Series C Preferred, and (iv) $5.00 per share of Series D Preferred, plus, in each case, an amount equal to all declared and unpaid dividends. The Preferred Liquidation Amount of each series of Preferred Stock shall be appropriately adjusted in each case for stock splits, reverse stock splits, stock dividends, stock combinations, recapitalizations, and similar events that are effected with respect to such shares. The Preferred Liquidation Amount of the Series C Preferred shall be subject to further adjustment from time to time upon the payment of PIK Dividends pursuant to Section 2(b) hereof. The Preferred Liquidation Amount of the Series C Preferred shall also be deemed to include an amount equal to a prorated PIK Dividend pursuant to Section 2(b) hereof for the interim period from the most recent Dividend Payment Date.