Series C Preference definition

Series C Preference means $2.20, plus an amount equal to all accrued but unpaid dividends on each share of Series C Preferred Stock.

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Series C Preference means $3.99.

Series C Preference means $2.20.

Examples of Series C Preference in a sentence

No distribution shall be declared or paid or set apart for payment on any Junior Securities (other than a distribution payable solely in Junior Securities) unless full cumulative Series C Distributions have been or contemporaneously are being paid or provided for on all Outstanding Series C Preference Units and any other Parity Securities through the most recent respective Series C Distribution Payment Dates.
The Series C Preference Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the holder for redemption thereof at a particular date.
Each Series C Preference Unit shall be identical in all respects to every other Series C Preference Unit, except as to the respective dates from which the Series C Liquidation Preference shall increase or from which Series C Distributions may begin accruing, to the extent such dates may differ.
Series C Preference Units that are purchased or otherwise acquired by the Partnership shall be cancelled.
On November 15, 2018, the Board of Directors designated and created a series of Preference Units designated as “8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units,” and fixed the preferences, rights, powers and duties of the holders of the Series C Preference Units as set forth in this Article XVIII.

More Definitions of Series C Preference

Series C Preference means the result of multiplying (i) the aggregate number of shares of Series C Preferred Stock outstanding immediately prior to the Effective Time by (ii) $1.60.

Series C Preference means an amount of cash payable with respect to each share of Company Series B Preferred Stock in accordance with Section 4 of the Company’s Certificate of Designations, Preferences and Rights of Series C Preferred Stock.

Series C Preference means an aggregate amount equal to three percent (3%) of the amount by which the Aggregate Purchase Price exceeds Six Million Dollars ($6,000,000). <PAGE> 9

Series C Preference means $0.4997 per share of Series C Preferred Stock, multiplied by the number of shares of Series C Preferred Stock outstanding immediately prior to the Effective Time.

Series C Preference shall have the meaning as specified in Section 2.2(a)(iii).

Series C Preference means, with respect to each share of Series C Preferred Stock, that number of shares of Parent Common Stock equal to $0.50 divided by the average of the closing prices of Parent Common Stock on the NYSEA for the 20 trading day period ending 3 trading days prior to the Closing (or such other market if Parent Common Stock does not trade on the NYSEA, and if the Parent Common Stock does not trade on any active public market, then the value thereof, as determined by the board of directors of the Company).

Series C Preference means, at any time of determination, an amount per Series C Unit equal to (a) the Original Issue Price of such Series C Unit, less (b) the aggregate amount of any prior distributions pursuant to Section 8.1(a)(iii) in respect of such Series C Unit (but not below zero).