Series A Preference Price definition

Series A Preference Price means, with respect to an outstanding share of Series A Preferred Stock, the Series A Original Purchase Price (as adjusted for any split or subdivision of outstanding shares of Series A Preferred Stock, any combination of outstanding shares of Series A Preferred Stock or a reclassification or recapitalization of outstanding shares of Series A Preferred Stock (other than a split or subdivision or combination), in each case, occurring after the Series A Original Issue Date), plus the aggregate amount of dividends then accrued on such share of Series A Preferred Stock.

Series A Preference Price means, with respect to an outstanding share of Series A Preferred Stock, the Series A Original Issue Price (as adjusted for any split or subdivision of issued shares of Series A Preferred Stock, any combination of issued shares of Series A Preferred Stock or a reclassification or recapitalization of issued shares of Series A Preferred Stock (other than a split or subdivision or combination), in each case, occurring after the Series A Original Issue Date), plus the aggregate amount of dividends then accrued on such share of Series A Preferred Stock and not previously declared and paid or set aside for payment.

Series A Preference Price means $1,000 per share of Series A Preferred Stock.

Examples of Series A Preference Price in a sentence

• Upon the Series A Redemption Date (Corporation), the Corporation shall pay the Series A Preference Price to the holders of all (but not less than all) of the outstanding shares of Series A Preferred Stock.

• Upon the Series A Redemption Date (Holder), the Corporation shall, except to the extent prohibited by Delaware law governing distributions to stockholders, pay the Series A Preference Price to the holders of outstanding shares of Series A Preferred Stock delivering a written notice and certificate or certificates pursuant to Section 7(b).

• From and after the Series A Redemption Date (Holder), each share of Series A Preferred Stock redeemed pursuant to this Section 7 shall no longer be deemed to be outstanding and all rights in respect of such share of Series A Preferred Stock shall cease, except for the right to receive the Series A Preference Price.

• From and after the Series A Redemption Date (Corporation), each share of Series A Preferred Stock redeemed pursuant to this Section 8 shall no longer be deemed to be outstanding and all rights in respect of such share of Series A Preferred Stock shall cease, except for the right to receive the Series A Preference Price.