Series B Per Share Liquidation Preference definition

Series B Per Share Liquidation Preference means, with respect to each Series B Preferred Share, the sum of (i) $2.99, plus (ii) the accrued eight percent (8%) dividend payable in respect of such Series B Preferred Share pursuant to the Company Articles as of immediately prior to the Effective Time, plus (iii) all declared but unpaid dividends on such Series B Preferred Share, as of immediately prior to the Effective Time, less (iv) the amount of any dividend previously paid on such Series B Preferred Share, as of immediately prior to the Effective Time.
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Series B Per Share Liquidation Preference means Zero Dollars ($0).
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Series B Per Share Liquidation Preference means, with respect to any particular share of Series B Preferred Stock or share of Series B Preferred Stock issuable upon the exercise in full of the Company B Warrants, (a) $7.4860, plus (b) the aggregate amount, if any, of all accrued but unpaid dividends with respect to such share.
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Examples of Series B Per Share Liquidation Preference in a sentence

  • The Parties shall develop and implement protocols to ensure compliance with the Child Abuse Prevention and Treatment Act (CAPTA) requirement that referrals be made for a Part C evaluation for all youth ages birth to 3 where there has been an administrative finding of child abuse or neglect, and it is suspected the youth may be eligible for and in need of services specified under, Part C of IDEA.

  • Xxxxx Title: Deputy Assistant Secretary Title: Chief Financial Officer Securities Purchase Agreement: Horizon Bancorp SBLF 0129 Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 12,500 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • Xxxx Title: Deputy Assistant Secretary Title: President and Chief Executive Officer Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 20,000 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • Series of Preferred Stock Purchased: Non-Cumulative Perpetual Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 20,000 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • If the Merger Consideration shall be insufficient to make payment in full to all holders of Series B Convertible Preferred Stock of the Series B Per Share Liquidation Preference with respect to each share of Series B Convertible Preferred Stock held, then the Merger Consideration shall be distributed among the holders of the Series B Convertible Preferred Stock ratably in proportion to the full amounts to which they would otherwise be respectively entitled.

  • XxXxxxx Title: Deputy Assistant Secretary Title: Chief Financial Officer and Executive Vice President Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 13,500 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • Xxxx Title: Title: President, Chief Executive Officer Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 56,600 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • Terms of the Purchase: Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 32,000 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • Xxxxx Title: Deputy Assistant Secretary Title: Chairman, President and Chief Executive Officer Series of Preferred Stock Purchased: Senior Non-Cumulative Perpetual Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 10,000 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on January 1, April 1, July 1 and October 1 of each year.

  • Xxxxxxxx Executive Vice President and CFO Security Federal Corporation 000 Xxxxxxxx Xxxxxx, Xxxx Xxxxx, Xxxxx Xxxxxxxx 00000 Series of Preferred Stock Purchased: Fixed Rate Cumulative Preferred Stock, Series B Per Share Liquidation Preference of Preferred Stock: $1,000 per share Number of Shares of Preferred Stock Purchased: 4,000 Dividend Payment Dates on the Preferred Stock: Payable quarterly in arrears on February 15, May 15, August 15 and November 15 of each year.

Related to Series B Per Share Liquidation Preference

  • 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).

  • 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 A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $1,000 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series A Preferred Units), 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).

  • 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.

  • 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.

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

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

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 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 H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.

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

  • Series A Liquidation Value means the amount equal to the sum of (i) the Series A Issue Price, plus (ii) all Series A Unpaid Distributions, plus (iii) Series A Partial Period Distributions, in each case, with respect to the applicable Series A Preferred Unit.

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

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

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

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

  • Series B-1 Preferred Shares means the Series B-1 Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

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

  • New Preferred Stock means the Series B-1 Preferred Stock and the Series B-2 Preferred Stock.

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

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

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

  • Series A Preference Shares means the Series A Preference Shares of the Company, par value US$0.0001 per share.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.