Auction Rate Preferred Stock definition

Auction Rate Preferred Stock means, initially, preferred stock rated a3 or higher which is issued by a company which has paid dividends during the preceding three year period.
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Auction Rate Preferred Stock means the Series A Auction Rate Preferred Stock, Series B Auction Rate Preferred Stock and Series C Auction Rate Preferred Stock of the Company outstanding as of the date of this Agreement.
Sample 1

Examples of Auction Rate Preferred Stock in a sentence

  • The designation of the Preferred Stock shall be "Taxable Auction Rate Preferred Stock." Except as otherwise provided herein, each share of Preferred Stock shall be identical and equal in all respects to every other share of Preferred Stock.

  • OBLIGATIONS: 300 Shares of Taxable Date of Issuance: December 5, 1988 Auction Rate Preferred Stock.

  • Taxable Auction Rate Preferred Stock Custody Account." The Custodian shall deposit into such Custody Account the Preferred Stock, the Surety Bond and any moneys received in connection therewith.

  • The Company will apply the proceeds of the sale of the Notes as permitted under the 1940 Act including for the refinancing of existing Indebtedness and existing Auction Rate Preferred Stock, and for general corporate purposes.

  • Schonbachler2 In Favor 1,565 Withheld 1 Elected by the holders of the Fund’s Auction Rate Preferred Stock and Common Stock voting together as a single class.

  • Minors, Majors, and Juniors: The regular season division winner will be the team with the best overall record.

  • The total number of shares of all classes of capital stock which the Corporation shall have authority to issue is one hundred million, one thousand (100,001,000) shares, of which one hundred million (100,000,000) shares shall be Common Stock, $.01 par value per share, and one thousand (1000) shares shall be Taxable Auction Rate Preferred Stock, no par value per share, liquidation preference $100,000 per share (the "Preferred Stock").

  • Immediately following the adoption of the Articles of Amendment and Restatement, the Corporation has authority to issue an aggregate of one hundred million one thousand (100,001,000) shares of capital stock, of which one hundred million (100,000,000) shares shall be Common Stock, $.01 par value per share, and one thousand (1,000) shares shall be Taxable Auction Rate Preferred Stock, no par value per share, for an aggregate par value of $1,000,000 for all shares with par value.

  • This Agreement supersedes and terminates all prior agreements between the parties including without limitation the Auction Agent Agreement dated as of June 15, 1990 (the "TARPS Auction Agent Agreement"); provided, however, that the Fund shall provide and the Auction Agent shall disburse funds to redeem the Fund's Taxable Auction Rate Preferred Stock pursuant to Sections 3.2 and 3.3 of the TARPS Auction Agent Agreement.

  • The total number of shares of all classes of capital stock which the Corporation shall have authority to issue is two hundred million, two thousand (200,002,000) shares having an aggregate par value of $2,000,000, of which two hundred million (200,000,000) shares shall be Common Stock, $.01 par value per share, and two thousand (2,000) shares shall be Taxable Auction Rate Preferred Stock, no par value per share, liquidation preference $100,000 per share (the "Preferred Stock").

Related to Auction Rate Preferred Stock

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

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

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

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

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

  • Convertible Preferred Stock has the meaning set forth in the recitals.

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

  • Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

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

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E 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.

  • Qualified Preferred Stock means any preferred capital stock of Holdings so long as the terms of any such preferred capital stock (x) do not contain any mandatory put, redemption, repayment, sinking fund or other similar provision prior to the 91st day after the Latest Maturity Date as of the date such Qualified Preferred Stock was issued other than (i) provisions requiring payment solely (or with provisions permitting Holdings, to opt to make payment solely) in the form of common Equity Interests, Qualified Preferred Stock of Holdings or cash in lieu of fractional shares, as applicable, or any Equity Interests of any direct or indirect Parent Company of Holdings, (ii) provisions requiring payment solely as a result of a change of control or asset sale, so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale are subject to the payment in full of all Obligations in cash (other than unasserted contingent indemnification obligations) or such payment is otherwise permitted by this Agreement (including as a result of a waiver or amendment hereunder) and (iii) with respect to preferred capital stock issued to any plan for the benefit of employees of Holdings or its Subsidiaries or by any such plan to such employees, provisions requiring the repurchase thereof in order to satisfy applicable statutory or regulatory obligations and (y) give Holdings the option to elect to pay such dividends or distributions on a non-cash basis or otherwise do not require the cash payment of dividends or distributions at any time that such cash payment is not permitted under this Agreement or would result in an Event of Default hereunder.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

  • Designated Preferred Stock means Preferred Stock of the Company or any direct or indirect parent of the Company, as applicable (other than Disqualified Stock), that is issued for cash (other than to the Company or any of its Subsidiaries or an employee stock ownership plan or trust established by the Company or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officers’ Certificate, on the issuance date thereof.

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

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

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

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by Parent (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

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

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

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

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

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

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).