Series A Preference Amount definition

Series A Preference Amount means, as of any date that is on or after the First Call Date, an amount per Share equal to the product of (a) the Redemption Percentage applicable as of such date multiplied by (b) the Accumulated Stated Value of such Share as of such date.

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Series A Preference Amount means, with respect to each share of Series A Preferred Stock outstanding immediately prior to the Effective Time, an amount equal to $1.00.

Series A Preference Amount means, at any date of determination, an amount per share of Series A Preferred Stock equal to the sum of (i) the product of (A) the Redemption Multiple applicable as of such date, multiplied by (B) the Accrued Stated Value of such share at such date, plus (ii) the Equity Participation Amount of such share at such date.

Examples of Series A Preference Amount in a sentence

• In the event that the Company has insufficient assets to permit payment of the Series A Preference Amount in full to all holders of Series A Preferred Shares, then the assets and funds of the Company shall be distributed ratably to the holders of the Series A Preferred Shares in proportion to the Series A Preference Amount each such holder of Series A Preferred Shares would otherwise be entitled to receive.

• In addition to the consideration contemplated by Section 1.11(f), each share of Series A Preferred Stock issued and outstanding immediately prior to the Effective Time (other than a Dissenting Share) will be converted into and represent the right to receive a portion of the Total Final Merger Consideration Amount in cash and Buyer Stock with a value equal to the Series A Preference Amount in the combination of cash and Buyer Stock contemplated by Section 1.11(e) below.

• Each share of Series A Preferred Stock shall be automatically cancelled without further action upon payment in full to the holder of such share of the Series A Preference Amount with respect to such share.

• If the amount of such distribution after payment to any Senior Stock is insufficient to permit full payment of the Series A Preference Amount to the holders of the Series A Preferred, then such distribution shall be distributed ratably to the holders of the Series A Preferred and Series A Parity Stock in proportion to the respective preference amount each such holder would otherwise be entitled to receive.

• Upon any Liquidation Event, after the prior payment in full of the Series A Preference Amount in connection with such Liquidation Event, the remaining assets and funds of the Corporation available for distribution to its stockholders, if any, shall be distributed among the holders of shares of Common Stock then outstanding.

More Definitions of Series A Preference Amount

Series A Preference Amount means, as of any date, an amount per share of the Series A Preferred Stock equal to the product of (a) the Redemption Percentage applicable as of such date and (b) the Liquidation Preference of such share as of such date.

Series A Preference Amount means the Series A Principal Liquidation Preference or the Series A Interest Liquidation Preference, as applicable.

Series A Preference Amount means $11.60 (as adjusted for Unit splits, combinations and other reclassifications of the Series A Preferred Units). For the avoidance of doubt, no adjustments shall be made to the Series A Preference Amount in connection with any distributions to the holders of Preferred Units pursuant to Section 5.3(a).

Series A Preference Amount means an amount equal to the higher of (a) such amount that will enable each Series A Preferred Share to generate an IRR for the holder of such Series A Preferred Share of at least ten percent (10%); and (b) the amount which would have been payable to each such holder had their respective Series A Preferred Shares been converted to Ordinary Shares immediately prior to the Liquidation Event.

Series A Preference Amount has the meaning set forth in Section 1.5(g)(x).

Series A Preference Amount means $2.5994 per share of Series A Preferred Stock, plus all accrued but unpaid dividends thereon, accruing at a rate of eight percent (8%) of the original per share purchase price of the Series A Preferred Stock (i.e., $2.5994) per annum since the date of issuance of such share of Series A Preferred Stock.

Series A Preference Amount means $2.1845 (subject to adjustment as appropriate to reflect any stock split, reverse stock split, stock dividend, recapitalization or other similar transaction effected by the Company with respect to the Series A Preferred Stock prior to the Effective Time).