Series B Liquidation Preference Amount definition

Series B Liquidation Preference Amount means, with respect to a share of Series B Preferred Stock, the sum of (i) the Series B Original Price (as defined in the Company Charter), plus (ii) the Series B Dividend Amount.

Series B Liquidation Preference Amount means $1.25.

Series B Liquidation Preference Amount means the Deemed Purchase Price per share.

Examples of Series B Liquidation Preference Amount in a sentence

• The Series B Liquidation Preference Amount shall be paid to the holders of Series B Preferred Stock in cash and the holders of Series B Preferred Stock shall not be entitled to any further payments in the event of any Liquidation Event other than what is expressly provided for in this Section 5.

• Notwithstanding the foregoing, in no event shall the Series B Liquidation Preference Amount be a negative amount as a result of Special Distributions.

• If upon a Liquidation, the assets shall be insufficient to pay the holders of the Series B Preferred Stock the full Series B Liquidation Preference Amount, the holders of the Series B Preferred Stock shall share ratably in any distribution of assets according to the respective amounts which would be payable in respect of the shares held by them upon such distribution if all amounts payable on or with respect to said shares were paid in full.

• If, upon any Liquidation Transaction, the funds legally available for distribution to all holders of the Series B Preferred Stock shall be insufficient to permit the payment to all such holders of the full Series B Liquidation Preference Amount, then the entire funds legally available for distribution shall be distributed ratably among the holders of the Series B Preferred Stock ratably in proportion to the full preferential amounts to which they are entitled under this Section 3(a).

• The Corporation may, at any time prior to February 1, 2008 redeem each share of Series B Preferred Stock then outstanding for a cash price equal to the sum of (i) the Series B Liquidation Preference Amount as of the date of redemption, plus (ii) an amount equal to all Series B Cumulative Dividends (whether or not earned or declared) on such shares of the Series B Preferred Stock to February 1, 2008.

More Definitions of Series B Liquidation Preference Amount

Series B Liquidation Preference Amount means $0.0001.

Series B Liquidation Preference Amount means an amount equal to the Series B Original Issue Price (as defined in the Certificate of Incorporation) multiplied by the total number of shares of Series B Preferred Stock issued and outstanding immediately prior to the Effective Time (or deemed to be outstanding as of the Effective Time with respect to any Series B Warrants), plus the amount of any dividends, including any Series B Dividends (as defined in the Certificate of Incorporation), accrued but unpaid on any shares of Series B Preferred Stock issued and outstanding immediately prior to the Effective Time, as set forth in the Allocation Statement.

Series B Liquidation Preference Amount means an amount per Series B Preferred Unit equal to the Original Series B Issue Price.

Series B Liquidation Preference Amount means $7.80 (as adjusted for any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event) multiplied by the number of Outstanding Series B Shares.

Series B Liquidation Preference Amount means, with respect to each Series B Preferred Share, an amount equal to (a) $9.1110, plus (b) the aggregate amount of declared but unpaid dividends with respect

Series B Liquidation Preference Amount means $1.00.

Series B Liquidation Preference Amount means $21.00 million.