Preferred Liquidation Amount definition

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

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

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.

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”.

• Upon the payment of the Series Seed and Series A Preferred Liquidation Amount in full, the holders of Series Seed Preferred Stock and Series A Preferred Stock shall not be entitled to any further payment under this Section 2.2.

• The Participation Distributions shall continue with respect to the Series A Preferred Stock and Series A-1 Preferred Stock only until such time as the holders of each such series have received for each share of Preferred Stock held, an aggregate amount per share of such series of Preferred Stock (pursuant to the Participation Distributions together with the Preferred Liquidation Amount) that equals three times the Original Issue Price of such series of Preferred Stock.

• Upon receipt of a Redemption Request, the Corporation shall calculate the aggregate amount due to holders of the Preferred Stock if the applicable Total Preferred Liquidation Amount were distributed in full to such holders pursuant to Subsections 2.1 and 2.2 (such amount, the “Aggregate Redemption Amount”) and shall apply all of its assets to any such redemption, and to no other corporate purpose, except to the extent prohibited by Delaware law governing distributions to stockholders.

• In the event that shares of Senior Redeemable Preferred Stock required to be redeemed pursuant to Section D.4(a)(ii) or (iii) above are not redeemed and continue to be outstanding, and any Liquidation Event or Public Offering occurs, then the holders of such shares shall be entitled to receive the Senior Redeemable Preferred Liquidation Amount or the Senior Redeemable Preferred Public Offering Amount, as applicable, for each such share in connection with such Liquidation Event or Public Offering.

More Definitions of Preferred Liquidation Amount

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.

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

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 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 with respect to each Preferred Unit, at the time of determination, an amount equal to (a) the sum of the Preferred Unreturned Capital Contributions in respect of such Preferred Unit plus (b) the Preferred Unpaid Yield thereon.

Preferred Liquidation Amount has the meaning ascribed thereto in Section 7.3.