Stated Value definition

Stated Value means $1,000 per share of Preferred Stock.

Stated Value means $1,000 per share, subject to adjustment for stock splits, stock dividends, recapitalizations, reorganizations, reclassifications, combinations, subdivisions or other similar events occurring after the Initial Issuance Date with respect to the Preferred Shares.

Stated Value means $1,000.

Examples of Stated Value in a sentence

• Redemption following an Event of Default shall occur at an amount equaling: one hundred and thirty five percent (135%), multiplied by the sum of the Stated Value, all other amounts due pursuant to the Certificate of Designation for all Purchased Shares.

• The Company shall redeem each Purchased Share of preferred stock on the date that is One (1) Calendar year from the issuance of the relevant Purchased Share at an amount equaling the sum of the Stated Value, redemption amount and all other amounts due, if any, pursuant to the Certificate of Designation.

• If all of the Securities are redeemed after one hundred and twenty (120) calendar days from the issuance date thereof, the Company shall have the right to redeem the Securities upon three (3) business days of written notice at a price equal to one hundred and twenty five percent (125%) of the Stated Value.

• There shall be a series of Preferred Stock that shall be designated as “Series B Convertible Perpetual Preferred Stock” (the “Series B Preferred Stock”), and the number of shares constituting such series (“Shares”) shall be 20,000 with an initial Stated Value (as defined below) of $1,000.00 per Share.

• From and after the Original Issue Date of the Shares, cumulative dividends (“Dividends”) on each such Share shall accrue whether or not there are funds legally available for the payment of dividends, on a daily basis in arrears at the applicable Dividend Rate on the sum of (i) the Stated Value thereof plus, (ii) once compounded, any Compounded Dividends thereon, plus (iii) all accrued but unpaid Dividends (the sum of clauses (i), (ii) and (iii), the “Accumulated Stated Value”).

More Definitions of Stated Value

Stated Value means $1,000.00 per share of Series AA Preferred Stock.

Stated Value shall have the meaning set forth in Section 2, as the same may be increased pursuant to Section 3.

Stated Value means $1,200, subject to increase set forth in Section 3 and/or elsewhere in this Certificate of Designation.

Stated Value shall have the meaning set forth in Section 2.

Stated Value means $1,000 per share.

Stated Value means the figure used by the Company as the value for each Asset it owns to assist in determining the AUM. The Stated Value of each individual Company Asset shall be determined on the last day of each calendar quarter by the Manager in its sole discretion. The Manager, however, shall establish and follow a methodology for determining the Stated Value and may modify, alter, or improve the methodology from time to time in its sole discretion.

Stated Value means $10,000.