Berkshire Preferred Stock definition

Berkshire Preferred Stock means 6,000 shares Preferred Shares, $0.01 par value per share, of The X.X. Xxxxxxx Company with terms described in the Berkshire Agreement.
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Berkshire Preferred Stock means the $300,000,000 aggregate liquidation preference amount of non-voting preferred stock issued by the Borrower to Berkshire Hathaway pursuant to the Certificate of Designation of Series A Preferred Stock of TACK Acquisition Corp. (n/k/a Fund American Companies, Inc.) as amended, supplemented or otherwise modified from time to time.
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Berkshire Preferred Stock means 6,000 shares Preferred Shares, $0.01 par value per share, of The E.W. Scripps Company with terms described in the Berkshire Agreement.
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Examples of Berkshire Preferred Stock in a sentence

  • Switzer Building 330 C Street, SW Washington, DC 20201Phone: (202) 260-6627Email: Jessica.Johnson@acf.hhs.gov Office of Grants Management ContactBridget Shea WestfallAdministration for Children and Families Office of Grants Management330 C Street, SW.Washington, DC 20201Phone: (202) 401-5542Email: bridget.sheawestfall@acf.hhs.gov Federal Relay Service:Hearing-impaired and speech-impaired callers may contact the Federal Relay Service (FedRelay) at www.gsa.gov/fedrelay.

  • As a result, $145.2 million of such proceeds were allocated to the Berkshire Preferred Stock and $154.8 million of such proceeds were allocated to the Warrants.

  • The Trustee shall have no responsibility to ascertain whether the Payment Schedule complies with the terms of the Berkshire Preferred Stock or of any applicable law.

  • Berkshire Preferred Stock dividends of $11.9 MILLION and $28.3 MILLION recorded for the periods ended September 30, 2001 and December 31, 2000, respectively, represent regular dividends on the Berkshire Preferred Stock.

  • Berkshire Preferred Stock dividends of $11.9 million and $28.3 million recorded for the periods ended June 30, 2001 and December 31, 2000, respectively, represent regular dividends on the Berkshire Preferred Stock.

  • As provided in Section 2.04, Berkshire will not have any preferential claim to or beneficial ownership interest in any asset or investment of the Trust, and the rights of Berkshire under the Trust are solely those rights afforded to Berkshire with respect to the assets of the Company as the holder of the Berkshire Preferred Stock.

  • The Company shall deliver to the Trustee a schedule (the “Payment Schedule”) that indicates the amounts payable by the Company in respect of the Berkshire Preferred Stock and the dates for payments of such amounts.

  • The Trustee is not subject to the terms of the Berkshire Preferred Stock and, in the event of any conflict between the terms of the Berkshire Preferred Stock and the provisions of this Agreement, the provisions of this Agreement shall control.

  • The Trust shall continue in effect until the Berkshire Preferred Stock is redeemed in full and the Company has no further obligations with respect to such stock subject, however, to the provisions of this Agreement relating to amendment or termination.

  • Accretion of subsidiary preferred stock to face value of $3.7 million and $10.7 million recorded for the periods ended June 30, 2001 and December 31, 2000, respectively, represent accretion on the Berkshire Preferred Stock which is required to transition the Berkshire Preferred Stock's recorded value (initially $145.2 million) to its face value of $300.0 million over the instrument's seven-year term.


More Definitions of Berkshire Preferred Stock

Berkshire Preferred Stock means the $300 million liquidation preference of preferred stock of the Company owned by Berkshire.
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Berkshire Preferred Stock the $300,000,000 aggregate liquidation preference amount of non-voting preferred stock issued by Fund American to Berkshire Hathaway pursuant to the Certificate of Designation, as amended, supplemented or otherwise modified from time to time.
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Berkshire Preferred Stock the $300,000,000 aggregate liquidation preference amount of non-voting preferred stock to be issued by the Primary Borrower to Berkshire Hathaway on the Closing Date, for a purchase price of $225,000,000, having terms and conditions set forth in the term sheet attached to the letter, dated October 13, 2000, from Xxxxxx X. Xxxxxxx to Xxxx X. Xxxxx.
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Berkshire Preferred Stock the $300,000,000 aggregate liquidation preference amount of non-voting preferred stock issued by the Borrower to Berkshire Hathaway pursuant to the Certificate of Designation of Series A Preferred Stock of the Borrower, dated as of May 30, 2001, as amended, supplemented or otherwise modified from time to time.
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Related to Berkshire Preferred Stock

  • 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.

  • 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.

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

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

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

  • Purchaser Preferred Stock means the shares of preferred stock, par value $0.0001 per share, of the Purchaser.

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

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

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

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

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

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

  • 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.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

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

  • 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.

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

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

  • 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.

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

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

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

  • UST Preferred Stock means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series [●].