Preferred Stock definition

Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

Preferred Stock means any Equity Interest with preferential rights of payment of dividends or upon liquidation, dissolution, or winding up.

Preferred Stock means any and all series of preferred stock of the Corporation, including the Designated Preferred Stock.

Examples of Preferred Stock in a sentence

• During the period beginning on the Closing Date and ending on September 1, 2024, the Company shall not make any payments in cash to the holders of its Series F Convertible Preferred Stock without the prior written consent of the Lead Buyer.

• On each Reversion Date, all Indebtedness Incurred, or Disqualified Stock or Preferred Stock issued, during the Suspension Period will be deemed to have been outstanding on the Issue Date, so that it is classified as permitted under Section 4.03(b)(iii).

• After the Closing Date, each party hereto, at the request of and without any further cost or expense to the other parties, will take any further actions necessary or desirable to carry out the purposes of this Agreement or any Operative Document and/or to effect the issuance of the Merger Consideration Common Stock and the Merger Consideration Preferred Stock to the Alt5 Stockholders.

• All of the shares of Merger Consideration Common Stock and the Merger Consideration Preferred Stock issuable in exchange for Alt5 Common Stock in accordance with this Agreement will be, when so issued, duty authorized, validly issued, fully paid, and nonassessable.

• If, after the Effective Date, certificates, that, as of the Agreement Date, represented shares of Alt5 Common Stock are presented to JanOne, they shall be canceled and exchanged for (a) restricted book entry notations on the books and records of JxxXxx’s transfer agent that represent such holder’s Merger Consideration Common Stock and (b) restricted book entry notations on the books and records of JxxXxx’s transfer agent that represent such holder’s Merger Consideration Preferred Stock.

More Definitions of Preferred Stock

Preferred Stock of any Person means any Capital Stock of such Person that has preferential rights to any other Capital Stock of such Person with respect to dividends or redemptions or upon liquidation.

Preferred Stock means, with respect to any Person, any and all shares, interests, participations or other equivalents (however designated, whether voting or non-voting) of such Person's preferred or preference stock, whether now outstanding or issued after the date of the Indenture, including, without limitation, all series and classes of such preferred or preference stock.

Preferred Stock means any Capital Stock of a Person, however designated, which entitles the holder thereof to a preference with respect to dividends, distributions or liquidation proceeds of such Person over the holders of other Capital Stock issued by such Person.

Preferred Stock means, as applied to the Capital Stock of any Person, the Capital Stock of such Person (other than the Common Stock of such Person) of any class or classes (however designated) that ranks prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding-up of such Person, to shares of Capital Stock of any other class of such Person.

Preferred Stock means shares of Series A Junior Participating Preferred Stock, par value $0.01 per share, of the Company, and, to the extent that there are not a sufficient number of shares of Series A Junior Participating Preferred Stock authorized to permit the full exercise of the Rights, any other series of preferred stock of the Company designated for such purpose containing terms substantially similar to the terms of the Series A Junior Participating Preferred Stock.

Preferred Stock means the Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designation attached to this Agreement as Exhibit A.

Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.