Series B-1 Liquidation Amount definition

Series B-1 Liquidation Amount means, with respect to each share of Series B-1 Preferred Stock, an amount equal to $0.0001.
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Series B-1 Liquidation Amount means, with respect to each share of Series B-1 Preferred Stock, an amount equal to $0.0001. “Series B-1 Preferred Stock” shall have the meaning set forth in Section 2(a).
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Series B-1 Liquidation Amount for any Person owning Series B-1 Preferred Shares, means an amount equal to $0.2717 multiplied by the total number of Series B-1 Preferred Shares owned by such Person plus all accrued and unpaid dividends on such Series B-1 Preferred Shares as of the Closing Date as determined in accordance with the Certificate of Incorporation.
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Examples of Series B-1 Liquidation Amount in a sentence

  • Notwithstanding the foregoing, a holder of Series B-1 Preferred will not be required to comply with Section 5.4(a) if the amount of cash proceeds or Liquid Securities per share of Series B-1 Preferred received by such holder upon the Liquidity Event is less than the Series B-1 Liquidation Amount (as such term is defined in the Restated Certificate).

Related to Series B-1 Liquidation Amount

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $1,000 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series A Preferred Units), 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 B Liquidation Preference means a liquidation preference for each Series B Preference Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to (a) increase by the per Series B Preference Unit amount of any accumulated and unpaid distributions (whether or not such distributions shall have been declared) and (b) decrease upon a distribution in connection with a Liquidation Event described in Section 17.4 which does not result in payment in full of the liquidation preference of such Series B Preference Unit.

  • 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).

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

  • 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.