Preferred Stock Liquidation Preference definition

Preferred Stock Liquidation Preference means $1,000 per share -------------------------------------- of Preferred Stock, plus any accrued and unpaid dividends thereon.

Preferred Stock Liquidation Preference means an amount equal to the product obtained by multiplying (a) the Per Share Preferred Stock Consideration, and (b) the number of shares of Preferred Stock outstanding immediately prior to the Effective Time.

Preferred Stock Liquidation Preference means, as to each share of Preferred Stock, the sum of the Preferred Stock Original Issue Price plus any accrued and unpaid dividends thereon.

Examples of Preferred Stock Liquidation Preference in a sentence

• Following the payment of the full amount of the Series A Junior Participating Preferred Stock Liquidation Preference, no additional distributions shall be made to the holders of shares of Series A Junior Participating Preferred Stock unless, prior thereto, the holders of shares of Common Stock shall have received an amount per share (the “Common Adjustment”) equal to the quotient obtained by dividing (i) the Series A Junior Participating Preferred Stock Liquidation Preference by (ii) the Adjustment Number.

• Following the payment of the full amount of the Series A Junior Participating Preferred Stock Liquidation Preference, no additional distributions shall be made to the holders of shares of Series A Junior Participating Preferred Stock unless, prior thereto, the holders of shares of Common Stock shall have received an amount per share (the "Common Adjustment") equal to the quotient obtained by dividing (i) the Series A Junior Participating Preferred Stock Liquidation Preference by (ii) the Adjustment Number.

• Following the payment of the full amount of the Series A Junior Participating Preferred Stock Liquidation Preference, no additional distributions shall be made to the holders of shares of Series A Junior Participating Preferred Stock unless, prior thereto, the holders of shares of Common Stock shall have received an amount per share (the Common Adjustment) equal to the quotient obtained by dividing (i) the Series A Junior Participating Preferred Stock Liquidation Preference by (ii) the Adjustment Number.

• The shares of such series of Preferred Stock shall be designated as the "8% Convertible Cumulative Preferred Stock (Liquidation Preference $1,000 per share)" (hereinafter called the "8% Preferred Stock"), and the number of authorized shares constituting such series shall be 20,000.

• In addition, any action that has the effect of reducing the Series B Preferred Stock Liquidation Preference amount under Section 2(a) above, including without limitation a forced conversion of the Series B Preferred Stock into Class B Common Stock in connection with or in contemplation of a Liquidation Transaction, shall require the vote of the holders of a majority of the then outstanding shares of Series B Preferred Stock.

More Definitions of Preferred Stock Liquidation Preference

Preferred Stock Liquidation Preference means, as applicable, (a) with respect to the Series C Preferred Stock, an amount per share equal to $10.00, plus cumulative annual dividends (which shall accrue from day to day) at the rate of 6% on $5.00, whether or not declared, plus any other dividends declared but unpaid thereon, (b) with respect to the Series B-1 Preferred Stock, an amount per share equal to $0.80, plus cumulative annual dividends (which shall accrue from day to day) at the rate of 6% on $0.80, whether or not declared, plus any other dividends declared but unpaid thereon, (c) with respect to the Series B Preferred Stock, an amount per share equal to $5.00, plus cumulative annual dividends (which shall accrue from day to day) at the rate of 6% on $5.00, whether or not declared, plus any other dividends declared but unpaid thereon, (d) with respect to the Series A-1 Preferred Stock, an amount per share equal to $1.15, plus cumulative annual dividends (which shall accrue from day to day) at the rate of 6% on $1.15, whether or not declared, plus any other dividends declared but unpaid thereon, and (e) with respect to the Series A Preferred Stock, an amount per share equal to $1.00, plus cumulative annual dividends (which shall accrue from day to day) at the rate of 6% on $1.00, whether or not declared, plus any other dividends declared but unpaid thereon.

Preferred Stock Liquidation Preference means, as of the FMV Measuring Date, the liquidation preferences, including with respect to accrued but unpaid dividends, of any classes or series of capital stock of the Company ranking senior in right to Company Common Stock as to dividends or in liquidation in accordance with the Company’s certificate of incorporation.

Preferred Stock Liquidation Preference means an amount of Holdco Common Stock equal to (a) (i) $1.00 plus any accrued but unpaid dividends, divided by (ii) the Market Price of Island Common Stock as of the third day prior to the Closing Date multiplied by (b) the Island Exchange Ratio.

Preferred Stock Liquidation Preference shall have the meaning specified in Section 1.1(g)(vii) hereof.

Preferred Stock Liquidation Preference means the aggregate liquidation preference attributable to the outstanding shares of Preferred Stock (including the liquidation preference attributable to any accrued but unissued dividends thereon) as of May 31, 2003.

Preferred Stock Liquidation Preference means an amount in cash equal to $11.764653 per share.

Preferred Stock Liquidation Preference means, as of the FMV Measuring Date, the liquidation preferences, including with respect to accrued but unpaid dividends, of any classes or series of capital stock of the Company ranking senior in right to Company Common Stock as to dividends or in liquidation in