Preferred Preference Amount definition

Preferred Preference Amount means $5,384,243.
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Preferred Preference Amount means the Liquidation Preference (as defined in the Amended and Restated Certificate of Incorporation of the Company, dated March 30, 2004), as applicable for the Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock, as the case may be.
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Preferred Preference Amount means thirty-five cents ($0.35) multiplied by the number of outstanding shares of Company Preferred Stock.
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Examples of Preferred Preference Amount in a sentence

  • The price for each share of Redeemable Preferred (the “Redeemable Preferred Redemption Price”) shall be an amount equal to the Redeemable Preferred Preference Amount.

  • Under no event shall both the Senior Preference Amount and the Redeemable Preferred Preference Amount both be paid.

  • The Corporation, without penalty, may at any time in its absolute discretion redeem any share(s) of outstanding Series A Preferred of any holder by paying such holder cash in an amount equal to the Preferred Preference Amount as of the redemption date; provided that, the Corporation shall give each holder of Series A Preferred whose shares it chooses to so redeem at least ten (10) days prior written notice thereof.

  • In the event that the Distributable Assets are insufficient to pay in full the Preferred Preference Amount in respect of each Preferred Share then outstanding, then all of such Distributable Assets shall be distributed on a pari passu basis among the holders of the Preferred Shares in proportion to the respective full Preferred Preference Amount otherwise payable to such holders at that time under this Article ‎68(a)(i).

  • If, upon the occurrence of such event, the assets of the corporation legally available for distribution to the holders of the Class C Preferred Stock shall be insufficient to permit the payment to such holders of their full Class C Preferred Preference Amount, then all assets of the corporation legally available for distribution shall be distributed ratably among the holder of the Class C Preferred in proportion to the full Class C Preference Amount each such holder is otherwise entitled to receive.

  • If the amount available for distribution in such Liquidation (the "Distributable Proceeds") is less than the amount needed to pay the holders of Preferred Shares the full Preferred Preference amount as provided herein, then the entire Distributable Proceeds shall be distributed among the Preferred Shareholders, on a pro rata basis in proportion to the amounts such holders would have received had the Distributable Proceeds been sufficient for the distribution of the entire Preferred Preference Amount.

  • Receipt of a distribution that qualifies as a Special Distribution as defined in Section 6.1, shall not result in reduction of the Preferred Preference Amount of any Preferred Member.

  • On or before January 31, 2012, the Corporation shall, to the extent it lawfully may do so, redeem all then outstanding Series A 7 Preferred by paying in cash therefor an amount per share equal to the Preferred Preference Amount as of the date of the redemption.

  • Upon receipt of any such tender, the Corporation shall, to the extent it may lawfully do so, redeem all shares of such Series A Preferred so tendered by paying cash therefor in an amount per share equal to the Preferred Preference Amount, on or before the 15th day after the end of the Corporation's first twenty-eight (28) day accounting period ending in January of such year, or if such 15th day is a banking holiday, on the next succeeding day on which banks in the state of California are open.

  • Beginning any time after November of 2002, the holders of shares of Series A Preferred may on or before January 1 of each calendar year, tender to the Corporation for redemption up to, but not greater than, that number of shares of Series A Preferred, the aggregate Preferred Preference Amount of which does not exceed the Corporation's excess cash flow realized from the immediately preceding fiscal year.


More Definitions of Preferred Preference Amount

Preferred Preference Amount means the (i) the Series D Preferred Preference, (ii) the Series C Preferred Preference, (iii) the Series B-2 Preferred Preference, (iv) the Series B-1 Preferred Preference, (v) the Series A-1 Preferred Preference, and / or (vi) the Series A Preferred Preference.
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Related to Preferred Preference Amount

  • 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.

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

  • 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).

  • 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).

  • 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.

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

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

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series B Preferred means the Company’s Series B Preferred Stock, par value $0.001 per share.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Parity Preferred Units shall have the meaning provided in Section 4.