Acceptable Securities definition

Acceptable Securities means (a) securities of the same class or series, with the same rights, powers and benefits and of the same denomination, term and interest, or dividend, if any, as the securities issued and delivered by the Interested Person in exchange for the majority of the stock of the corporation acquired by the Interested Person, or (b) the class of common stock of the Interested Person which is beneficially owned by most persons.

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Acceptable Securities shall have the meaning set forth in the Private Placement Memorandum.

Acceptable Securities means securities that (i) are legal investments under the laws of the

Examples of Acceptable Securities in a sentence

• At the Initial Closing, the initial Shareholders shall purchase full and fractional Undivided Shares (rounded to the nearest 1/1000) at a purchase price of $100 per Share, and shall contribute to the capital of the Fund their Capital Contributions in the form of Acceptable Securities.

• Words Meaning Acceptable Securities Any preference or preferred securities of any person that have the substantially similar economic and legal characteristics as the Preference Shares (including lock-up provisions, liquidity and registration rights and other shareholder rights and obligations as nearly equivalent as may be practicable to the lock-up, liquidity and registration rights and obligations provided for in the Shareholders Agreement and the Memorandum).

• The consideration for any Transfer under this Section 2.3 must be cash and/or Acceptable Securities only.

• The Company will not, and will not permit any Subsidiary to, amend, modify or waive in any respect materially adverse to the Company or to the rights or interests of the Lenders any of its rights under the Subordinated Note Indenture or any document evidencing or governing Acceptable Securities.

• OAC shall have received evidence reasonably acceptable to OAC that the Post-Closing Company Board as of the Closing is consistent with the requirements of Section 5.14 and the requirements of Nasdaq or Acceptable Securities Exchange on which Successor’s securities are listed as of the Closing, including the appointment of the OAC Directors.

More Definitions of Acceptable Securities

Acceptable Securities means securities that (i) are legal investments under the laws of this Commonwealth for public sinking funds or for other public funds, (ii) are not in default as to principal or interest, (iii) have a current market value of not less than $50,000 nor more than $500,000, and (iv) are issued pursuant to a system of book-entry evidencing ownership interests of the securities with transfers of ownership effected on the records of the depository and its participants pursuant to rules and procedures established by the depository.

Acceptable Securities means securities that (i) are legal investments under the laws of this

Acceptable Securities means the equity securities determined by the Investment Adviser in its sole discretion to be acceptable for contribution, and which are in fact contributed, to the Fund by the Shareholders as their Capital Contributions.

Acceptable Securities means (x) Cash and Cash Equivalents and (y) any issued and outstanding securities of Prime Group Realty Trust which (1) are freely transferable and publicly traded and (2) have a minimum per share market price of $12.75.

Acceptable Securities means (a) freely tradable common stock traded on a national securities exchange registered under Section 6(a) of the Exchange Act of a Person with a market value of its outstanding common stock owned by non-affiliates in excess of $100,000,000 or (b) debt securities rated by Standard and Poor’s of BB or better or, if not rated, which the Board believes would be so rated if a rating were requested. NINE ENERGY SERVICE, INC. SECOND AMENDED AND RESTATED STOCKHOLDERS AGREEMENT

Acceptable Securities means securities listed on an Acceptable Stock Exchange, where, at the relevant time:

Acceptable Securities means subordinated debt securities issued by the Company that (a) are subordinated to the Obligations on terms not less favorable to the Lenders than the Subordinated Notes, (b) contain covenants, events of default and mandatory redemption, repayment, prepayment or repurchase requirements no less favorable to the Company and the Lenders than those of the Subordinated Notes, (c) do not mature, and are not subject to any scheduled amortization, redemption, repayment, prepayment or repurchase requirement, prior to the date one year after the Term Loan Maturity Date and (d) are not Guaranteed by any of the Subsidiaries.