Preferred Stock Consideration definition

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 1.03.

Preferred Stock Consideration has the meaning ascribed there to in Section 2.4(d)

Examples of Preferred Stock Consideration in a sentence

• No listing of the Navios Acquisition Series E Preferred Stock will occur if either (i) the listing is not permitted by the NYSE or (ii) holders of 50% or fewer of the Navios Midstream Public Units elect (or are deemed to have elected) to receive Preferred Stock Consideration.

• From and after the Effective Time, Parent shall pay or cause to be paid, without deduction or withholding from any consideration, including the Common Stock Consideration and the Preferred Stock Consideration, or amounts payable to holders of Company Common Shares or Company Preferred Shares, all Transfer Taxes, except as otherwise provided in Section 2.1(d).

• In the event that any Certificates shall have been lost, stolen or destroyed, the Paying Agent shall issue in exchange for such lost, stolen or destroyed Certificates, upon the making of an affidavit of that fact by the holder thereof, the Merger Consideration or the Series A Preferred Stock Consideration, as applicable payable in respect thereof pursuant to Section 2.1(a) or Section 2.1(d), as applicable.

• Parent may, in its reasonable discretion and as a condition precedent to the payment of such Merger Consideration or the Series A Preferred Stock Consideration, as applicable, require the owners of such lost, stolen or destroyed Certificates to deliver a bond in a reasonable sum as it may reasonably direct as indemnity against any claim that may be made against Parent, Merger Sub, the Surviving Corporation or the Paying Agent with respect to the Certificates alleged to have been lost, stolen or destroyed.

• Payment of the Merger Consideration or the Series A Preferred Stock Consideration with respect to Book-Entry Shares shall only be made to the Person in whose name such Book-Entry Shares are registered.

More Definitions of Preferred Stock Consideration

Preferred Stock Consideration has the meaning set forth in Section 1.7 hereof.

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 the Series 1 Preferred Stock Consideration, the Series 2 Preferred Stock Consideration, the Series 3 Preferred Stock Consideration, the Series 4 Preferred Stock Consideration, the Series 5 Preferred Stock Consideration and the Series 6 Preferred Stock Consideration.

Preferred Stock Consideration is defined in Section 4.1(h).

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 means the Redemption Price (as such term is defined in the Nonconvertible Certificate of Designations) with respect to one share of Company Nonconvertible Preferred Stock.