Preferred Value definition

Preferred Value per share of Preferred Stock means the Stated Value of such Share, plus, without duplication, all accrued and unpaid dividends on such share to and including the applicable date of Warrant exercise.
Preferred Value means an amount equal to the product of $25 and the number of Series A Preferred Membership Units outstanding.

Examples of Preferred Value in a sentence

  • If the aggregate Preferred Value of the Preferred Stock delivered in payment of the aggregate Exercise Price exceeds (because of fractional shares) the aggregate Exercise Price for the number of Warrants being exercised; then (subject to Section 1(d)) the Company will promptly pay to the holder of the Warrants in cash such excess amount; provided that such excess amount shall in no event be more than the Preferred Value of one share of Preferred Stock.

  • The amount paid for any Preferred Units purchased pursuant to a Preferred Unit Put shall be the Stated Preferred Value.

  • Selecting a physician of record is optional and does not impact your benefits or claims payments in any way.How to Use my Connect Blue WV PPO my Connect Blue WV PPOSM features an innovative design that offers three levels of in- network benefits for most health care services: Preferred Value, Enhanced Value, and Standard Value.

  • Here is how the Preferred Value, Enhanced Value, and Standard Value Levels of Benefits affect out-of-pocket costs.How to Use Your my Connect Blue WV PPO PlanYour plan covers in-network and out-of-network care, but the best benefit will be at an in- network provider.

  • Professional providers (i.e., primary care doctor, specialists, etc.) are always covered at the Preferred Value Level of Benefits, but Facility providers (i.e., Hospitals) may be in any of the three value levels of benefits.


More Definitions of Preferred Value

Preferred Value means, as of any date, with respect to a share of Senior Preferred Stock, Series N Senior Preferred Stock, Series E Senior Preferred Stock or Series I Senior Preferred Stock, respectively, the product obtained by multiplying the sum of the Liquidation Value and the Maximum Dividend by a fraction, the numerator of which is one and the denominator of which is one minus the percentage (expressed as a decimal) of outstanding Preferred Stock converted into limited partnership interests of PG ITR Holdco, L.P. pursuant to the Agreement and Plan of Merger, dated as of May 22, 2013, between Prime Holdings and PG ITR Holdings, Inc.
Preferred Value means the average of the daily market prices for ten consecutive trading days immediately preceding the date of receipt by the Special Limited Partner of a Notice of Exercise of Exchange Right. The market price for any such trading day shall be: (i) if the Series A Preferred Shares or Other Preferred Shares are listed or admitted to trading on any securities exchange or the NASDAQ National Market System, the closing price, regular way, on such day, or if no such sale takes place on such day, the average of the closing bid and asked prices on such day, in either case as reported in the principal consolidated transaction reporting system, (ii) if the Series A Preferred Shares or Other Preferred Shares are not listed or admitted to trading on any securities exchange or the NASDAQ National Market System, the last reported sale price on such day or, if no sale takes place on such day, the average of the closing bid and asked prices on such day, as reported by a reliable quotation source designated by the Special Limited Partner, or (iii) if the Series A Preferred Shares or Other Preferred Shares are not listed or admitted to trading on any securities exchange or the NASDAQ National Market System and no such last reported sale price or closing bid and asked prices are available, the average of the reported high bid and low asked prices on such day, as reported by a reliable quotation source designated by the Special Limited Partner, or if there shall be no bid and asked prices on such day, average of the high bid and low asked prices, as so reported on the most recent day (not more than ten days prior to the date in question) for which prices have been so reported; PROVIDED, that if there are no bid and asked prices reported during the ten days prior to the date in question, the Preferred Value of the Series A Preferred Shares or Other Preferred Shares shall be determined by the Special Limited Partner acting in good faith on the basis of such information as it considers, in its reasonable judgment, appropriate. In the event the Preferred Shares Amount includes preferred rights (as defined in the definition of Preferred Shares Amount) that a holder of Series A Preferred Shares or Other Preferred Shares would be entitled to receive, then the Preferred Value of such preferred rights shall be determined by the Special Limited Partner acting in good faith on the basis of such information as it considers, in its reasonable judgment, appropriate.
Preferred Value means 20% of the fair market value of the Division, at the enterprise level of value (as if the Division is not (and has never been) charged the "technology fee" identified as "Interco Technology Charge" on Appendix A to the Operating Agreement), as determined by an Independent Appraiser, multiplied by the percentage of the Series which remains outstanding, then divided by the number of outstanding shares of this Series.
Preferred Value means (a) $1,600,000,000, plus (b) the excess, if any, of (i) $1,400,000,000, over (ii) the sum of the amounts of the Assumed NV Debt and the Assumed PCS Debt.
Preferred Value means, with respect to each Preferred Unit that the holder thereof has not elected to convert into Common Units in accordance with the LLC Agreement at or prior to the Closing, an aggregate amount equal to the sum of (i) such Preferred Unit’s “Preferred Unpaid Yield” (as defined in the LLC Agreement), plus (ii) an amount equal to such unit’s “Preferred Unreturned Capital” (as defined in the LLC Agreement), in each case, as of the Closing.
Preferred Value means (a) $1,600,000,000, PLUS (b) the excess, if any, of (i) $1,400,000,000, over (ii) the sum of the amounts of the Assumed NV Debt and the Assumed PCS Debt.
Preferred Value means with respect to each Exchangeable Preferred Share, the sum of the face value of such Exchangeable Preferred Share and any accrued but unpaid dividends up to and including the Anticipated Effective Date (for greater certainty, the calculation of accrued but unpaid dividends for the period from February 28, 2017 to the Anticipated Effective Date shall include the February 28, 2017 dividend in the notional amount); Excluded Claim means (i) the Trustee Claim, (ii) Claims of the Advisors, and (iii) any Claims accruing after the Effective Date;