Preferred Liquidation Value definition

Preferred Liquidation Value of any share of Series A Preferred as of a particular date shall be equal to the sum of $100 plus an amount equal to any accrued and unpaid dividends (whether or not earned or declared) on such share of Series A Preferred added to the Preferred Liquidation Value of such share of Series A Preferred on any Dividend Payment Date pursuant to this Section 3(d) and not thereafter paid.
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Preferred Liquidation Value with respect to each Preferred Member, as of any relevant date, an amount equal to whichever of the following is applicable: [a] if Excess Company Asset Value is positive, the sum of [i] such Preferred Member’s Undistributed Preferred Return, plus [ii] such Preferred Member’s Unreturned Capital Contributions, plus [iii] the Preferred Excess Asset Value multiplied by such Preferred Member’s Percentage Interest; [b] if [i] Excess Company Asset Value is negative and [ii] Company Asset Value is positive but is less than the sum of all the Preferred Members’ Undistributed Preferred Return and all the Members’ Unreturned Capital Contributions but equal to or greater than the sum of all Preferred Members’ Undistributed Preferred Return and Unreturned Capital Contributions, the sum of [A} such Preferred Member’s Undistributed Preferred Return, plus [B] such Preferred Member’s Unreturned Capital Contributions; or [c] if [i] Excess Company Asset Value is negative and [ii] Company Asset Value is positive but is less than the sum of all the Preferred Members’ Undistributed Preferred Return and all the Preferred Members’ Unreturned Capital Contributions, the Company Asset Value multiplied by such Preferred Member’s Percentage Interest. Preferred Member: Liberty Global, Liberty UPCOY, Liberty UK, Liberty UK Holdings, Liberty Programming and Liberty TWSTY and any successor to or Transferee of Preferred Units from any Preferred Member who is admitted as a Member pursuant to Article 13.
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Preferred Liquidation Value shall have the meaning ascribed to such term, and shall be calculated as set forth, in the amended and restated certificate of incorporation of the Company in effect as of the date of this Agreement.
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Examples of Preferred Liquidation Value in a sentence

  • Dividends on shares of Series A Preferred will be payable in cash at a rate per annum equal to 12% of the Preferred Liquidation Value thereof (the "Dividend Rate").

  • After the Preferred Liquidation Value has been paid on the Series A Preferred Stock, the remaining assets shall be paid to the holders of the Common Stock and other junior classes of stock in accordance with their respective priority, if any.

  • At the Closing, the Company shall deliver to Parent a certificate of the Chief Executive Officer and the Chief Financial Officer of the Company, representing and warranting on behalf of the Company as to the Preferred Liquidation Value as of the Closing Date (the "Preferred Liquidation Value Certificate").

  • If the holder of 8% Preferred Stock elects to exchange any shares of 8% Exchangeable Preferred Stock, then the holder will be entitled to receive New Securities having a purchase price equal to the aggregate Preferred Liquidation Value (calculated including accumulated and unpaid dividends thereon up to the date of exchange) of the 8% Exchangeable Preferred Stock so exchanged.

  • Upon the occurrence of a Change of Control (as defined below) each holder of Series A Redeemable Preferred Stock shall have the right to require the Company to redeem such Series A Redeemable Preferred Stock, in cash at a price per share equal to 101% of the Preferred Liquidation Value plus an amount equal to all Preferred Dividends (whether or not earned or declared) accrued and unpaid on each such share up to and including the date fixed for redemption.

  • If the assets of the Corporation are not sufficient to pay in full the Series B and Series C Preferred Liquidation Value payable to the holders of shares of Series B or Series C Preferred Stock, the holders of all such shares shall share ratably (to the exclusion of any other holders of capital stock) in such distribution of assets.

  • After the Preferred Liquidation Value due to the holders of the Series C Convertible Preferred Stock has been paid, the remaining assets of the Company shall be paid to the holders of Junior Stock in accordance with their respective priority, if any.

  • The Company may redeem, at any time and from time to time, without penalty, all or a portion of the outstanding Class D Preferred Units at a price per Unit in cash equal to the Class D Preferred Liquidation Value (the “Redemption Price”).

  • Dividends on shares of Series A Preferred Stock will be payable in arrears in cash or, at the option of the Corporation, in additional shares of Series A Preferred Stock, at a rate per annum equal to (x) until March 31, 2004, 7.00% of the Preferred Liquidation Value thereof on the Dividend Payment Date and (y) on and after March 31, 2004, 16.00% of the Preferred Liquidation Value thereof on the Dividend Payment Date.

  • If the assets of the Corporation are not sufficient to pay in full the Series A Preferred Liquidation Value payable to the holders of shares of Series A Preferred Stock, the holders of all such shares shall share ratably (to the exclusion of any other holders of capital stock) in such distribution of assets.


More Definitions of Preferred Liquidation Value

Preferred Liquidation Value. = the liquidation preference attributable to each of the outstanding shares of the Series A Preferred Stock pursuant to Article IV(c) of the Company Articles, treating the Merger as a liquidation for purposes thereof. “Preferred Share Liquidation Consideration” = the total number of shares of Bionik Common Stock allocated at the Effective Time to holders of Company Preferred Stock under Section 1.5(b)(i) only.
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Preferred Liquidation Value with respect to any share of Series A Preferred Stock as of a particular date, means the sum of $100 plus an amount equal to any accrued and unpaid dividends on such share of Series A Preferred Stock added to the Preferred Liquidation Value of such share of Series A Preferred Stock on any Dividend Payment Date pursuant to Section 2(a)(ii)(B) and not thereafter paid.
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Preferred Liquidation Value means the Series C-1 Liquidation Value.
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Preferred Liquidation Value has the meaning set forth in Section 5(a) hereof.
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Preferred Liquidation Value means the Series C-1 Liquidation Value. “Preferred Stock” means the Series C-1 Preferred Stock.
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Related to Preferred Liquidation Value

  • Net Orderly Liquidation Value means, with respect to Inventory of any Person, the orderly liquidation value thereof, net of all costs of liquidation thereof, as based upon the most recent Inventory appraisal conducted in accordance with this Agreement and expressed as a percentage of Cost of such Inventory.

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to the Stated Series B Liquidation Preference per unit, which liquidation preference shall be subject to (a) increase by the per Series B Preferred Unit amount of any accumulated and unpaid distributions (whether or not such distributions shall have been declared) and (b) decrease upon a distribution in connection with a Liquidation Event described in Section 16.4 which does not result in payment in full of the liquidation preference of such Series B Preferred Unit.

  • Series A Liquidation Preference means $25.00 per Series A Preferred Mirror Unit. The Series A Liquidation Preference shall be the “Liquidation Preference” with respect to the Series A Preferred Mirror Units.

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Pro-rata Liquidation means an amount equal to the liquidation of the relevant Collateral Assets held in the Margin Account for a Series of ETP Securities, pro rata to the amount of ETP Securities being redeemed divided by the total number of ETP Securities for such Series, after the pro rata deduction of all costs and expenses incurred by the Issuer in connection with the liquidation of such Collateral Assets, the pro rata deduction of the Arranger Fee and any Funding and Brokerage Fees.

  • Liquidation Preference means, with respect to any Series, the amount specified as the liquidation preference per share for that Series in the Appendix for such Series.

  • Net Liquidation Proceeds With respect to any Liquidated Mortgage Loan or any other disposition of related Mortgaged Property (including REO Property) the related Liquidation Proceeds net of Advances, Servicing Advances, Servicing Fees and any other accrued and unpaid servicing fees received and retained in connection with the liquidation of such Mortgage Loan or Mortgaged Property.

  • Liquidation Amount means $1,000 per share of Designated Preferred Stock.

  • Liquidation Price means the price at which the Trustee sells the Underlying Securities.

  • Nominal Liquidation Amount Deficit means, for any tranche of notes, the Adjusted Outstanding Dollar Principal Amount minus the nominal liquidation amount of that tranche.