Total Preferred Stock definition

Total Preferred Stock means the total amount of the liquidation preference on all of the Company's issued and outstanding preferred stock as of its most recent fiscal year end.
Total Preferred Stock means the total amount of the liquidation preference on all of Xxxxxxx'x issued and outstanding preferred stock as of its most recent fiscal year end.

Examples of Total Preferred Stock in a sentence

  • After payment of all dividends owing to the holders of Total Preferred Stock, such holders shall share ratably (on an as if converted basis) in any dividends thereafter paid on the Common Stock.

  • If and when any shares of Total Preferred Stock are issued under this Section 1(c) for payment of accrued dividends, such shares of Total Preferred Stock shall be deemed to be validly issued and outstanding and fully paid and nonassessable.

  • In the event the Corporation shall fail to pay in full all accrued dividends on all shares of the Total Preferred Stock, then the Corporation shall not thereafter declare or pay or set apart for payment any dividend or other distribution upon shares of Common Stock, or any other stock ranking on a parity with or junior to the Total Preferred Stock as to dividends.

  • If the Corporation pays less than the total amount of dividends then accrued on the Total Preferred Stock, such cash payment or issuance of shares of Total Preferred Stock shall be made on a pari passu basis pro rata among the holders of the Preferred Stock based upon the aggregate accrued but unpaid dividends on the shares of the Total Preferred Stock held by each such holder.

  • If the Corporation pays less than the total amount of dividends then accrued on the Total Preferred Stock, such cash payment or issuance of shares of Total Preferred Stock shall be made on a pari passu basis pro rata among the holders of the Total Preferred Stock based upon the aggregate accrued but unpaid dividends on the shares of the Total Preferred Stock held by each such holder.

  • If and when any shares of Total Preferred Stock are issued under this Section 1(c) for payment of accrued dividends, such shares of Total Preferred Stock shall be deemed 2 to be validly issued and outstanding and fully paid and nonassessable.

  • In the event the Corporation shall fail to pay in full all accrued dividends on all shares of the Total Preferred Stock, then the Corporation shall not thereafter declare or pay or set apart for payment any dividend or other distribution upon, or purchase, redeem, or acquire for consideration, any shares of Common Stock or any other stock ranking on a parity with or junior to the Total Preferred Stock as to dividends.

  • Series A Variable Preferred, 9.7% 153 4,041 Total Preferred Stock (United States) (Cost $3,824) 4,041 Warrants (United States) - 0.0% Civitas Solutions, Inc.

  • If and when any shares of Total Preferred Stock are issued under this Section 2(c) for payment of accrued dividends, such shares of Total Preferred Stock shall be deemed to be validly issued and outstanding and fully paid and nonassessable.

  • Total Preferred Stock US Government Discount - 0.33% Cash Management Bill Total US Government Discount Total Corporate Public Securities Short-Term Securities: Commercial Paper - 3.35% Avangrid, Inc.


More Definitions of Total Preferred Stock

Total Preferred Stock means the total amount of the liquidation preference on all of Xxxxxxx'x issued and outstanding preferred stock as of its most recent fiscal year end. TABLE 1 Fiscal Year Ended January 31,* Target Implied Common Equity Value Percentage of Option Shares Available for Exercise** 2001 $150,000,000 20% of Option Shares 2002 $220,000,000 40% of Option Shares 2003 $330,000,000 60% of Option Shares 2004 $450,000,000 80% of Option Shares 2005 $520,000,000 100% of Option Shares * The percentage of Option Shares available for exercise shall vest on the last day of the Fiscal Year indicated above. ** All such vesting shall be cumulative, i.e., the percentage set forth for each Fiscal Year shall be vested as of the end of such Fiscal Year if the Target Implied Common Equity Value for such Fiscal Year is achieved as of such date, regardless of whether the Target Implied Common Equity Values have been achieved in any previous year. TABLE 2 DLJMB IRR Percentage of Unvested Cliff Vesting Shares as to which the Performance Vesting Option becomes Vested on DLJMB Liquidation Event 40% or greater 100% 35.0 – 39.9% 75% 30.0 – 34.9% 50% 25.0 – 29.9% 25% Less than 25% 0 This Performance Vesting Option will not be exercisable after, and will become void and expire as to all unexercised Option Shares at, 5:00 p.m. (St. Xxxx, Minnesota time), on the earlier of (i) December 20, 2009 or (ii) the day immediately following the completion of a DLJMB Liquidation Event (the "Time of Termination").
Total Preferred Stock means 6,956,732 shares of Preferred Stock.

Related to Total Preferred Stock

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

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

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Voting Preferred Stock means, with regard to any matter as to which the holders of Series T are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series T) that rank equally with Series T either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

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

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

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

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

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

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

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

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

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

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

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

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

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

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

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

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

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

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

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