Series B Liquidation Value definition

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

Series B Liquidation Value means the sum of the Series B Liquidation Preference and declared and unpaid dividends, if any, to, but excluding, the date of the Dissolution Event on the Series B Preferred Stock.

Series B Liquidation Value means, with respect to each Series B Preferred Unit Outstanding as of the date of such determination, an amount equal to the sum of (i) the Series B Issue Price, plus (ii) all Series B Unpaid Cash Distributions and any accrued and unpaid Series B PIK Preferred Units, plus (iii) all accrued but unpaid distributions on such Series B Preferred Unit (including distributions payable in Series B PIK Preferred Units) with respect to the Quarter in which the liquidation occurs.

Examples of Series B Liquidation Value in a sentence

• The liquidation preference of the Series B Preferred Stock shall be $1,000 per share (the "Series B Liquidation Value").

• The liquidation preference of the Series B Preferred Stock shall be $100,000 per share ("Series B Liquidation Value").

• In the event of a conversion of any Series B Preferred Stock, the Corporation shall issue to such Holder a number of Conversion Shares equal to (i) the Series B Liquidation Value multiplied by (ii) the number of shares of Series B Preferred Stock held by such Holder and subject to the Holder Conversion Notice, divided by (A) the Conversion Price with respect to such Series B Preferred Stock.

• At any time after one year from the Issuance Date and subject to a ten-day advance notice (via email or overnight courier) to the Holders, the Corporation will have the right, at the Corporation’s option, to redeem all or any portion of the shares of Series B Preferred Stock at a price per share equal to 100% of the Series B Liquidation Value of the shares being redeemed.

• Upon receipt of such Holder’s Series B Preferred Stock certificates, the Corporation will pay the Early Redemption Price or Series B Liquidation Value, as applicable, to such Holder in cash.

More Definitions of Series B Liquidation Value

Series B Liquidation Value has the meaning set forth in Section 6.03(a) hereof.

Series B Liquidation Value means $3.00 per share, subject to equitable adjustments to reflect stock splits, stock dividends, stock combinations, recapitalizations and like occurrences.

Series B Liquidation Value means, with respect to each Series B Preferred Unit Outstanding as of the date of such determination, an amount equal to the sum of

Series B Liquidation Value means an amount equal to the Series B Liquidation Amount divided by the number of shares of Series B Preferred Stock outstanding.

Series B Liquidation Value means the “Liquidation Value”, as such term is defined in the Series B Certificate of Designations.

Series B Liquidation Value has the meaning set forth in Section 4(b) of the Statement of Designations.

Series B Liquidation Value has the meaning set forth in Section 5.02(a) hereof.