Series B Stated Value definition

Series B Stated Value means, with respect to a share of Series B Preferred Stock, $1,000 (as adjusted for any split, subdivision, combination, consolidation, recapitalization or similar event with respect to the Series B Preferred Stock).

Series B Stated Value means, with respect to each share of Series B Preferred Stock, Fifty Thousand Dollars ($50,000), which Series B Stated Value shall be subject to appropriate adjustment from time to time in the event of any stock dividend, stock split, reverse stock split, reclassification, stock combination or other recapitalization affecting the Series B Preferred Stock.

Series B Stated Value means $7,700.00.

Examples of Series B Stated Value in a sentence

• All future issuances of Series B Preferred Stock, following the first such issuance, will be made at the Series B Stated Value.

• Each share of Series B Redeemable Preferred Stock (the "Series B Preferred Stock") will have a liquidation preference at a stated value, calculated at the time the first share(s) of Series A Preferred Stock are exchanged into share(s) of Series B Preferred Stock, equal to the Series A Stated Value as of the immediately prior Semiannual Calculation Date plus an amount equal to any Interim Accreted Value (the "Series B Stated Value").

• On all matters as to which they are entitled to vote, the holders of Series B Preferred Stock will be entitled to the number of votes per share (calculated as of the date of any such vote) that is equal to the Series B Stated Value divided by 100,000.

• All issued or accrued but unpaid dividends may be converted at the election of the Holder simultaneously with the conversion of principal amount of Series B Stated Value, as the case may be, being converted.

• Upon the occurrence of an Event of Default (as defined below) and while such Event of Default is outstanding, such dividend rate shall be increased to 15% per annum on the Series B Stated Value.

More Definitions of Series B Stated Value

Series B Stated Value means $1,000.

Series B Stated Value means $1.30.

Series B Stated Value means $1.611 per share (as adjusted for stock splits, reverse splits, stock dividends (other than Series B PIK Election) and stock combinations of the Series B Preferred and Sections 3.2.3(a) (other than in respect of a Series B PIK Election) and 3.2.7(g)).

Series B Stated Value means $6,000 per share.

Series B Stated Value means $1,000.00 per share, subject to increase as set forth in Section 2(a) below.

Series B Stated Value means $3.35.

Series B Stated Value means $50.00 per share of Series B Preferred Stock, subject to appropriate adjustment in the event of any stock dividend (excluding dividends paid in shares of Common Stock), stock split, stock distribution or combination with respect to the Series B Preferred Stock and (ii) “Series C Stated Value” shall mean $50.00 per share of Series C Preferred Stock, subject to appropriate adjustment in the event of any stock dividend (excluding dividends paid in shares of Common Stock), stock split, stock distribution or combination with respect to the Series C Preferred Stock. For purposes hereof, the term “Stated Value” shall mean with respect to the (i) Series B Preferred Stock, the Series B Stated Value and (ii) Series C Preferred Stock, the Series C Stated Value. Except as otherwise provided herein, dividends shall be paid in additional shares of Common Stock.