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 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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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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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.

  • The "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.

  • The redemption price (the "Redemption Price") for each outstanding share of Series A Preferred to be redeemed pursuant to this Section 4(a) shall be the Preferred Liquidation Value thereof as of the Redemption Date.

  • 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.

  • The Series A Redeemable Preferred Stock is entitled to receive, out of legally available funds, preferential cumulative dividends from the issuance date thereof at the annual rate of eight percent (8%) of the Preferred Liquidation Value per share ("Preferred Dividends").

  • Upon any such redemption, the Corporation shall pay a price per share of Class A Preferred Stock equal to the Class A Preferred Liquidation Value thereof (plus all accrued and unpaid dividends thereon).

  • More specifically, for a set of variables V whose causal structure is represented by a DAG G, no conditional independence holds unless entailed by the causal Markov condition (Ramsey et al.

  • The 8% Exchangeable Preferred Stock is entitled to receive, out of legally available funds, cumulative dividends ("Preferred Dividends") from the issuance date thereof at the annual rate of eight percent (8%) of the Preferred Liquidation Value per share.


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 means the Series C-1 Liquidation Value. “Preferred Stock” means the Series C-1 Preferred Stock.
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Preferred Liquidation Value has the meaning set forth in Section 5(a) hereof.
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Related to Preferred Liquidation Value

  • Series A Liquidation Value means the sum of the Series A Liquidation Preference and declared and unpaid distributions, if any, to, but excluding, the date of the Dissolution Event on the Series A Preferred Mirror Units.

  • Liquidation Value With respect to the Business Combination Vote, the Company shall cause all of the Initial Stockholders to vote the shares of Common Stock owned by them immediately prior to this Offering in accordance with the vote of the holders of a majority of the IPO Shares. At the time the Company seeks approval of any potential Business Combination, the Company will offer each of holders of the Company's Common Stock issued in this Offering ("IPO Shares") the right to convert their IPO Shares at a per share price equal to the amount in the Trust Fund (inclusive of any interest income therein) on the record date ("Conversion Price") for determination of stockholders entitled to vote upon the proposal to approve such Business Combination ("Record Date") divided by the total number of IPO Shares. The Company's "Liquidation Value" shall mean the Company's book value, as determined by the Company and audited by BDO. In no event, however, will the Company's Liquidation Value be less than the Trust Fund, inclusive of any net interest income thereon. If holders of less than 20% in interest of the Company's IPO Shares vote against such approval of a Business Combination, the Company may, but will not be required to, proceed with such Business Combination. If the Company elects to so proceed, it will convert shares, based upon the Conversion Price, from those holders of IPO Shares who affirmatively requested such conversion and who voted against the Business Combination. Only holders of IPO Shares shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. If holders of 20% or more in interest of the IPO Shares vote against approval of any potential Business Combination, the Company will not proceed with such Business Combination and will not convert such shares.

  • Orderly Liquidation Value means the net amount (after all costs of sale), expressed in terms of money, which Agent, in its good faith discretion, estimates can be realized from a sale, as of a specific date, given a reasonable period to find a purchaser(s), with the seller being compelled to sell on an as-is/where-is basis.

  • Net Orderly Liquidation Value means, with respect to Inventory of any Person, the orderly liquidation value thereof as determined in a manner acceptable to the Administrative Agent by an appraiser acceptable to the Administrative Agent, net of all costs of liquidation thereof.

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

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

  • 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).

  • 10% in Liquidation Amount means, with respect to the Trust Securities, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Initial Liquidation Preference means one thousand dollars ($1,000.00) per share of Convertible Preferred Stock.

  • Subordinate Liquidation Amount For any Distribution Date and each Loan Group, the excess, if any, of the aggregate Liquidation Principal of Mortgage Loans related to that Loan Group which became Liquidated Mortgage Loans during the prior calendar month over the related Senior Liquidation Amount for that Distribution Date.

  • Liquidation Preference Amount means $25,000 per share of Series A Preferred Stock.

  • Senior Liquidation Amount For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Loan which became a Liquidated Mortgage Loan during the Prior Period, of the lesser of: (i) the Senior Percentage of the Principal Balance of such Mortgage Loan and (ii) the Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan and (B) the Senior Prepayment Percentage of any Subsequent Recoveries for such Distribution Date.

  • Preference Amount means any amount previously distributed to an Owner on the Obligations that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.

  • Net Liquidation Percentage means the percentage of the book value of Borrowers’ Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such percentage to be as determined from time to time by an appraisal company selected by Agent.

  • Cash Liquidation As to any defaulted Mortgage Loan other than a Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan.

  • Nominal Liquidation Amount means, notwithstanding anything to the contrary in the Indenture Supplement, with respect to the Class C(2020-4) Notes:

  • 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.

  • Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. Section 1.708-1(b)(1)(iv) in the event of a termination of the Company pursuant to section 708(b)(1)(B) of the Code.

  • 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.

  • Majority in Liquidation Amount means, with respect to the Trust Securities, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Second Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(E).