Series B Preferred Liquidation Amount definition

Series B Preferred Liquidation Amount has the meaning specified in Section VI(a).
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Series B Preferred Liquidation Amount means, with respect to each share of Series B Preferred Stock, the “Series B Preferred Liquidation Amount” (as such term is described and calculated in accordance with the terms of the Company Charter) as of the Effective Time.
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Series B Preferred Liquidation Amount means the aggregate amount payable to all the holders of Series B Preferred Stock pursuant to Article 4, Part B, II, Section 2 of the Company’s certificate of incorporation; provided, however, that for purposes of assigning a value attributable to the Evolent Equity to be issued by the Evolent Entities as part of the Closing Merger Consideration, each Class B Common Unit and Class B Share shall be valued in the aggregate at $24.79.
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Examples of Series B Preferred Liquidation Amount in a sentence

  • The aggregate amount which a holder of a share of Series A Preferred is entitled to receive for each share of Series A Preferred under Subsections 3(b) and 3(c) is hereinafter referred to as the “Series A Preferred Liquidation Amount” and together with the Series B Preferred Liquidation Amount, the “Preferred Liquidation Amount”.

  • The Series A Preferred Liquidation Amount, the Series B Preferred Liquidation Amount, the Series B-1 Preferred Liquidation Amount and any liquidation preference payable on each Permitted Security that is pari passu with the Senior Preferred Stock are sometimes referred to herein as the “Senior Preferred Liquidation Amount”.

  • Upon a Deemed Liquidation (as defined below), a majority of then outstanding shares of Series B Preferred Stock may, in lieu of receiving the Series B Preferred Liquidation Amount elect to convert their shares of Series B Preferred Stock into Common Stock and receive the consideration and other securities and property provided for under the terms of the Deemed Liquidation pro rata along with all other holders of Common Stock.

  • Holders shall be entitled to receive, when, as and if declared by the Board (or a duly authorized committee of the Board), on each Dividend Payment Date, out of funds legally available therefor, non-cumulative cash dividends on the Series B Preferred Liquidation Amount per share of Series B Preferred Stock at a rate per annum equal to the Dividend Rate on each Dividend Payment Date for each Dividend Period.

  • The term “Liquidation Amount” shall mean (i) with respect to the Series A-1 Preferred Stock, the Series A-1 Preferred Liquidation Amount, (ii) with respect to the Series A-2 Preferred Stock, the Series A-2 Preferred Liquidation Amount, and (iii) with respect to the Series B Preferred Stock, the Series B Preferred Liquidation Amount.

  • The aggregate of such amounts to be paid to the -4- holders of Series A Preferred Stock is referred to as the "Series A Preferred Liquidation Amount", and the aggregate of such amounts to be paid to the holders of Series B Preferred Stock is referred to as the "Series B Preferred Liquidation Amount"; the Series A Preferred Liquidation Amount and the Series B Preferred Liquidation Amount are sometimes hereinafter referred to as the "Liquidation Amount".

Related to Series B Preferred Liquidation Amount

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

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

  • 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.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.001 per share.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).