Series A-2 Liquidation Preference definition

Series A-2 Liquidation Preference means $0.70 (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like with respect to the Company Series A-2 Preferred Stock occurring after the date of this Agreement and prior to the Closing).
Sample 1
Series A-2 Liquidation Preference means $0.014735 per share of Series A-2 Preferred Stock.
Sample 1Sample 2
Series A-2 Liquidation Preference means an amount equal to $15.00 per share of Series A-2 Preferred Stock (as adjusted for any stock split, stock dividend or distribution, recapitalization, or similar event with respect to the Series A-2 Preferred Stock) plus an amount equal to all declared but unpaid dividends on each share of Series A-2 Preferred Stock.
Sample 1

Examples of Series A-2 Liquidation Preference in a sentence

  • If the assets of the Corporation shall be insufficient to permit the payment in full of the Series A-2 Liquidation Preference, then the entire assets of the Corporation available for such distribution shall be distributed ratably among the holders of shares of Series A-2 Preferred Stock in proportion to the full preferential amount each such holder would otherwise receive upon such distribution if all amounts payable on or with respect to such shares were paid in full.

  • The CVV Series A-2 Liquidation Preference equals the Allowed Claims in Class 12(d) less the amount available to the holders of such Claims from the Restitution Fund.

  • Distributable Proceeds allocated pursuant to 7.04(c)(i)(C)(4) shall be distributed to holders of CVV Series A-2 Interests until the CVV Series A-2 Liquidation Preference shall have been paid in full.

  • If upon the occurrence of such event, the assets and funds thus distributed among the holders of Series A-2 Preferred Stock shall be insufficient to permit the payment to such holders of the full Series A-2 Liquidation Preference, then the entire assets and funds of the Corporation legally available for distribution shall be distributed ratably among the holders of Series A-2 Preferred Stock.

  • Under my leadership,we completed a management buyout of the Company in 1995, a secondary buyout in 2005 and the IPO in 2014.Angus Porter who joined the Board in April 2016 as a Non-Executive Director, will become our new Chairman.

  • If, upon occurrence of such event, the assets and funds distributed among the holders of the Series A-2 Preferred Stock are insufficient to permit the payment to such holders of the full Series A-2 Liquidation Preference, then the entire assets and funds of the Corporation legally available for distribution shall be distributed pro rata among the holders of the Series A-2 Preferred Stock based on the number of shares of Series A-2 Preferred Stock held by each such holder.

  • The holders of the Series A-2 Preferred Stock shall be entitled to receive for each share of Series A-2 Preferred Stock then held by them, prior and in preference to any distribution of any of the assets or surplus funds of the Corporation to the holders of Common Stock, by reason of their ownership thereof, an amount equal to the Series A-2 Liquidation Preference.

  • If the assets of the Corporation available for distribution to its stockholders in any such event exceed the amount of the Series E Liquidation Preference Payment, Series D Liquidation Preference Payment, Series C Liquidation Preference Payment and Series A-2 Liquidation Preference Payment, the assets remaining after payment of such amount shall be paid ratably to the holders of the Series A-1 Preferred until they have received full payment of the Series A-1 Liquidation Preference Payment.

  • Such dividends shall be cumulative, accrue daily (beginning March 26, 1998) and be paid quarterly, in cash or as an addition to the Series A-2 Liquidation Preference (as defined below).

  • For the avoidance of doubt, the holders of the Series A-1 Shares or the Series A-2 Shares shall not receive a Compulsory Dividend if they have already received the Series A-1 Liquidation Preference or the Series A-2 Liquidation Preference under Article 52(2)(a) as a result of the same Deemed Liquidation Event.


More Definitions of Series A-2 Liquidation Preference

Series A-2 Liquidation Preference means $42.20 per share of Series A-2 Preferred Stock, as adjusted from time to time for Series A-2 Preferred Stock stock splits, stock dividends, recapitalizations and the like, plus all declared or accrued but unpaid dividends or distributions for such share to the date of final distribution.
Sample 1
Series A-2 Liquidation Preference means, with respect to a share of Series A-2 Preferred Stock, that amount equal to (i) $100.00 plus (ii) any declared or accrued but unpaid dividends on such share of Series A-2 Preferred Stock.
Sample 1

Related to Series A-2 Liquidation Preference

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Liquidation Preference means, with respect to any Series, the amount specified as the liquidation preference per share for that Series in the Appendix for such Series.

  • Initial Liquidation Preference means one thousand dollars ($1,000.00) per share of Convertible Preferred Stock.

  • Liquidation Preference Amount means $25,000 per share of Series A Preferred Stock.

  • Series A Liquidation Value means the sum of the Series A Liquidation Preference and declared and unpaid distributions, if any, to, but excluding, the date of the Dissolution Event on the Series A Preferred Mirror Units.

  • Preference Amount means any amount previously distributed to an Owner on the Obligations that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.

  • 10% in Liquidation Amount means, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Securities, voting together as a single class, or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities, voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accumulated and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.001 per share.

  • Subordinate Liquidation Amount For any Distribution Date and each Loan Group, the excess, if any, of the aggregate Liquidation Principal of Mortgage Loans related to that Loan Group which became Liquidated Mortgage Loans during the prior calendar month over the related Senior Liquidation Amount for that Distribution Date.

  • Liquidation Amount means $1,000 per share of Designated Preferred Stock.

  • 10% in liquidation amount of the Securities means Holders of outstanding Securities voting together as a single class or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Senior Liquidation Amount For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Loan which became a Liquidated Mortgage Loan during the Prior Period, of the lesser of: (i) the Senior Percentage of the Principal Balance of such Mortgage Loan and (ii) the Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan and (B) the Senior Prepayment Percentage of any Subsequent Recoveries for such Distribution Date.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Majority in Liquidation Amount of the Preferred Securities means a vote by the Holder(s), voting separately as a class, of more than fifty percent (50%) of the aggregate Liquidation Amount of all then outstanding Preferred Securities issued by the Issuer.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series C Preferred means all shares of the Series C Preferred Stock, $0.001 par value per share, of the Company.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • Series D Preferred means the Corporation's Series D Convertible Preferred Stock, par value $.002 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.