Series C Percentage definition

Series C Percentage means the quotient, rounded to the fourth decimal place, of (A) the quotient of 115.29 divided by 2,025.8, divided by (B) the number of shares of Series C Preferred Stock, or issuable upon exercise or conversion of all options or warrants for, securities convertible into, or other rights to acquire Series C Preferred Stock, outstanding immediately prior to the Effective Time but immediately following the Repurchase.
Series C Percentage means, at any time, the percentage that the Series C Revolving Credit Commitments comprise of the Revolving Credit Commitments at such time. For the avoidance of doubt, the sum of the Series A Percentage, the Series B Percentage, the Series C Percentage and the Series D Percentage shall at all times equal 100%.

Examples of Series C Percentage in a sentence

  • The Series C Percentage applicable to any such Applicable Holding Company at the time of such New Investment shall be the percentage set forth on Part 3 of Schedule B.


More Definitions of Series C Percentage

Series C Percentage means the aggregate portion of the Estimated Preferred Purchase Price to be paid to the holders of Series C Preferred Stock, without duplication, pursuant to the Closing Date Certificate and Sections 2.7(a), 2.7(c) (if any), 2.8 and 2.9, divided by the sum of (i) Estimated Preferred Purchase Price plus (ii) the aggregate amount paid (if any) to all Company Preferred Securityholders pursuant to Section 2.7(c).
Series C Percentage means the “Series C Percentage” set forth in the Closing Certificate.
Series C Percentage means 24.346825751%.
Series C Percentage means, with respect to an Applicable Holding Company, the percentage specified opposite the name of such Person on Schedule B, as may be adjusted by the General Partner to the extent required by Section 2.9 in connection with a Follow-on Investment.
Series C Percentage shall have the meaning as specified in Section 2.2(b)(iii).
Series C Percentage means 0.0360194, which is the fraction, calculated to seven decimal places, obtained from dividing $1,156,222.46 by $32,100,000.
Series C Percentage has the meaning set forth in Section 1.6(c).