Aggregate Liquidation Preference definition
Examples of Aggregate Liquidation Preference in a sentence
It agrees that the Company may offer, without its prior consent, to the Additional Investors or other Persons who are not Stockholders, the opportunity to subscribe for additional Rights Shares provided the aggregate purchase price for such shares does not exceed (i) $12.5 million minus (ii) the Aggregate Liquidation Preference of all Preferred Shares sold to the Additional Investors hereunder.
Total Aggregate Liquidation Preference $117.1 $72.3 $189.4 ˡ As of 3rd quarter 2017 The SPS was to pay a quarterly dividend in arrears based on the dividend rate multiplied by the then liquidation preference.
After the Aggregate Liquidation Preference has been paid to the General Partner, liquidating distributions shall be made to the Partners as provided in Section 5.06(a).
Prior to making payments to the Partners under Section 5.06(a), the Capital Account of the General Partner shall be reduced to reflect the payment of the Aggregate Liquidation Preference.
Commencing as of December 31, 2005 and on each Adjustment Date thereafter, the Series D Perpetual Preferred Liquidation Preference shall be adjusted upward or downwards by an amount equal to the quotient of: (v) the change in the Aggregate Liquidation Preference as of such Adjustment Date; divided by (w) the number of Series D Perpetual Preferred Shares outstanding.