Series E Preference Amount definition

Series E Preference Amount means, in each case as of the close of business on the Business Day immediately preceding the Closing Date, with respect to each share of Series E Preferred Stock, the sum of (i) Series E Liquidation Preference plus (ii) all unpaid, accrued or accumulated dividends or other amounts due with respect to such share of Series E Preferred Stock as of such date.
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Series E Preference Amount shall have the meaning set forth in Section 1.5.3(i).
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Series E Preference Amount means $2.552.
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Examples of Series E Preference Amount in a sentence

  • If the assets and funds are insufficient to permit the full payment of the Series E Preference Amount on all Series E Preferred Shares, then the entire assets and funds of the Company legally available for distribution to the Series E Preferred Shares shall be distributed ratably among the holders of the Series E Preferred Shares in proportion to the aggregate Series E Preference Amount each such holder is otherwise entitled to receive pursuant to this Section 4.6(i)(b).

  • If the amounts available for distribution by the Corporation to holders of Series E Preferred Stock upon a Liquidation Event are not sufficient to pay the aggregate Series E Preference Amount due to such holders, such holders of Series E Preferred Stock shall share ratably on a pari passu basis in any distribution in connection with such Liquidation Event in proportion to the full respective preferential amounts to which they are entitled with respect to shares of Series E Preferred Stock.

  • Each holder of Series E Shares (each a "Series E Stockholder") will cease to have any rights with respect to the Series E Shares, except the right to receive the Series E Preference Amount, the Per Share Earn-Out Amounts, if any, and a portion of the Redistributed Amount, if any, for each Series E Share held by such Series E Stockholder, upon the surrender of the certificate(s) representing the Series E Shares (the "Series E Certificates") in accordance with Section 1.10.

  • Such dividends shall commence to accrue on each share of Series E Preferred Stock from the date of issuance thereof Ex-5 whether or not declared by the Board of Directors, and whether or not there are profits, surplus or other funds of the Corporation legally available for the payment of the dividends, and shall continue to accrue thereon until the Series E Preference Amount is paid in full in cash or such share of Series E Preferred Stock is converted to Common Stock.

  • Aggregate Preference Amount” shall mean the sum of (a) the product of the Series C Preference Amount multiplied by the aggregate number of shares of Series C Preferred Stock outstanding immediately prior to the Effective Time; plus (b) the product of the Series E Preference Amount multiplied by the aggregate number of shares of Series E Preferred Stock outstanding immediately prior to the Effective Time.

  • Each share of the Company's Series E Preferred Stock that is issued and outstanding immediately prior to the Effective Time (OTHER THAN any such shares that are Company Dissenting Shares as provided in Section 2.1.3) will, by virtue of the Merger, and without the need for any further action on the part of the holder thereof, be converted into the right to receive payment from Cadence of an amount of cash equal to the sum of (1) the Series E Preference Amount plus (2) the Participation Amount.

  • If the assets and funds are insufficient to permit the full payment of the Series E Preference Amount on all Series E Preferred Shares, then the entire assets and funds of the Company legally available for distribution to the Series E Preferred Shares shall be distributed ratably among the holders of the Series E Preferred Shares in proportion to the aggregate Series E Preference Amount each such holder is otherwise entitled to receive pursuant to this Section 4.6(i)(a).

  • Such dividends shall commence to accrue on each share of Series E Preferred Stock from the date of issuance thereof whether or not declared by the Board of Directors, and whether or not there are profits, surplus or other funds of the Corporation legally available for the payment of the dividends, and shall continue to accrue thereon until the Series E Preference Amount is paid in full in cash or such share of Series E Preferred Stock is converted to Common Stock.

  • If upon any liquidation, dissolution or winding up of the Corporation, the Available Funds and Assets shall be insufficient to permit the payment to holders of the Series E Preferred Stock of their full preferential amount described in this subsection, then the entire Available Funds and Assets shall be distributed among the holders of the then outstanding Series E Preferred Stock pro rata, on an equal priority basis, according to their Series E Preference Amount set forth herein.

  • If the amount of such distribution after payment to any Senior Stock is insufficient to permit full payment of the Series E Preference Amount to the holders of the Series E Preferred Stock, then such distribution shall be distributed ratably to the holders of the Series E Preferred Stock and Series E Parity Stock in proportion to the respective preference amount each such holder would otherwise be entitled to receive.


More Definitions of Series E Preference Amount

Series E Preference Amount shall be the number of shares of Purchaser Common Stock equal to the quotient (carried out to three decimal places) resulting from dividing (A) the product of (x) the aggregate number of shares Series E Preferred outstanding immediately prior to the Effective Time and (y) $6.00 by (B) the Preference Price. The "Series E Per Share Preference Amount" shall be equal to the quotient (carried out to three decimal places) resulting from dividing (A) the Series E Preference Amount by (B) the aggregate number of shares of Series E Preferred outstanding immediately prior to the Effective Time.
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Series E Preference Amount means $0.95 per share of the Company's Series E Preferred Stock; (e) "SERIES F PREFERENCE AMOUNT" means $0.95 per share of the Company's Series F Preferred Stock; (f) "SERIES G PREFERENCE AMOUNT" means
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Series E Preference Amount means US$42.3437 per share, together with a sum equal to any Arrears;
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Related to Series E Preference Amount

  • Preference Amount means any amount previously distributed to an Owner on the Obligations that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.

  • Liquidation Preference Amount means $25,000 per share of Series A Preferred Stock.

  • 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 $25.00 per unit, 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).

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

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

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 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 A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

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

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

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

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series E Preferred Shares means the Series E 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 Preference Shares means the Series A Preference Shares of £0.05 each in the capital 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.

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

  • Series C Preferred Units shall have the meaning provided in Section 1.

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

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

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.