Preferred Stock Consideration definition
Preferred Stock Consideration has the meaning set forth in Section 1.7 hereof.
Preferred Stock Consideration means the amount of $25.00 plus all accumulated and unpaid accrued dividends to, but not including, the Closing Date, per share of Company Preferred Stock.
Preferred Stock Consideration shall have the meaning set forth in Section 2.03(d).
Examples of Preferred Stock Consideration in a sentence
Buyer has, and at all relevant times shall maintain, reserves of available shares sufficient to cover all of the Buyer shares issuable, or which may become issuable, hereunder, including the Preferred Stock Consideration, Milestone Shares, Market Cap Milestone Securities, and the shares of Common Stock issuable upon conversion, exchange or exercise of all of the foregoing securities as of all applicable dates.
Each Seller is acquiring the Preferred Stock Consideration, the Milestone Payments, if any (collectively, the “Share Consideration”), solely for such Seller’s own account for investment purposes and not with a view to, or for offer or sale in connection with, any distribution thereof.
More Definitions of Preferred Stock Consideration
Preferred Stock Consideration shall have the meaning set forth in Section 1.03.
Preferred Stock Consideration shall be an amount equal to the product of (x) the number of Preferred Shares issued and outstanding on the Closing Date and (y) the sum of the Series A Redeemable Liquidation Preference (as defined in the Certificate of Designations) plus all accrued and unpaid dividends on the Preferred Shares as of Closing.
Preferred Stock Consideration means the Initial Preferred Stock Consideration plus the Subsequent Preferred Stock Consideration.
Preferred Stock Consideration means, collectively, the Series A Preferred Stock Consideration, the Series B Preferred Stock Consideration, the Series C Preferred Stock Consideration, the Series D Preferred Stock Consideration and the Series E Preferred Stock Consideration.
Preferred Stock Consideration means those shares of Series E Preferred Stock issued to Seller as part of the Purchase Price pursuant to Section 2.3.
Preferred Stock Consideration. Shall have the meaning given that term in Section 1.8(c).
Preferred Stock Consideration means, at any given time, all amounts then required to pay in full and extinguish the 2% Cumulative Preferred Stock of US Holdco then outstanding (including any accrued but unpaid dividends thereon).