Examples of Preferred Stock Liquidation Amount in a sentence
Any such prepayment shall be made in accordance with Section 4.2 hereof.
In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company, each Holder of Convertible Preferred Stock shall be entitled, in accordance with Sections 5(a)(ii) and 5(b) below, at such Holder's election, to (A) receive for each share of Convertible Preferred Stock the Convertible Preferred Stock Liquidation Amount (as defined below) or (B) participate in the payments to the Holders of Junior Stock under Section 5(b) on an as converted to Common Stock basis.
The term "Aggregate Preferred Stock Liquidation Amount" shall mean the aggregate Preferred Stock Liquidation Amounts payable to all holders of Series A Preferred Stock pursuant to Section 2.2(a).
In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company, each Holder of Convertible Preferred Stock shall be entitled, in accordance with Sections 5(a)(ii) and 5(b) below, at such Holder’s election, to (A) receive for each share of Convertible Preferred Stock the Convertible Preferred Stock Liquidation Amount (as defined below) or (B) participate in the payments to the Holders of Junior Stock under Section 5(b) on an as converted to Common Stock basis.
The term "Net Equity Value" shall mean the Gross ---------------- Enterprise Value minus the sum of (a) the Indebtedness Amount, (b) the Aggregate Preferred Stock Liquidation Amount and (c) the Aggregate LLC Preferred Return.
The Non-Voting 8% Preferred Stock Liquidation Amount shall be paid in cash to the extent the Corporation has cash available.
The Series A Preferred Stock, the Series A-1 Preferred Stock and the Series B Preferred Stock are sometimes collectively referred to in this Certificate as the "Preferred Stock." Liquidation Amount.
Each Redemption Notice shall state: (a) the number of shares of Preferred Stock held by the holder that the Corporation shall redeem on the Redemption Date specified in the Redemption Notice; (b) the Redemption Date and the Preferred Stock Liquidation Amount, as applicable; and (c) that the holder is to surrender to the Corporation, in the manner and at the place designated, his, her or its certificate or certificates representing the shares of Preferred Stock to be redeemed.
Each holder of Series Seed Preferred Stock shall have equal priority to each other with respect to the Series Seed Preferred Stock Liquidation Amount.
The “Applicable Preferred Stock Liquidation Amount” shall mean (a) Series A Preferred Stock Liquidation Amount with respect to Series A Preferred Stock, and (b) Series B Preferred Stock Liquidation Amount with respect to Series B Preferred Stock.