Borrower Preferred Stock definition

Borrower Preferred Stock means the Series A Preferred Stock of the Borrower, par value $.01 per share.

Borrower Preferred Stock means the Series A Redeemable Preferred Stock of the Borrower.

Borrower Preferred Stock means that certain Series A non-participating, non-voting preferred stock of the Borrower issued to JSCE in connection with the 1999 Timberlands Sale having an initial liquidation value of $1,000 per share, subject to accretion based on the amount of dividends not paid in cash and the amount of any make-whole premium in the event the dividend rate has been converted to a fixed rate.

Examples of Borrower Preferred Stock in a sentence

• The Borrower will not, nor will it permit any Subsidiary to, issue any preferred stock or other preferred Equity Interests, except (i) Qualified Borrower Preferred Stock, (ii) Assumed Preferred Stock and (iii) preferred stock or preferred Equity Interests held by the Borrower or any Subsidiary and; provided, however, that during the Senior Period no Qualified Borrower Preferred Stock or Assumed Preferred Stock may be issued by the Borrower or any Subsidiary.

• On and as of the Initial Borrowing Date, the Administrative Agent and the Required Banks shall be satisfied with the terms and conditions of the Borrower Preferred Stock and the amount of and the terms and conditions of all Existing Indebtedness.

• The aggregate consideration to be received by the shareholders of Vistar from the Borrower in connection with the Merger shall consist of (i) $65,000,000 in cash, (ii) the Borrower Preferred Stock and (iii) Borrower Common Stock having an aggregate value on the Second Borrowing Date of approximately 8,649,000 shares of the Borrower's Class A Voting Common Stock and Class B Non-Voting Common Stock.

• Create, incur, issue, assume, Guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to any Indebtedness (other than Existing Indebtedness) and Borrower will not issue any Borrower Preferred Stock and will not permit any of its Subsidiaries to issue any shares of its preferred stock (other than to Borrower or another wholly-owned Subsidiary of Borrower).

• In respect of every count on both indictments he was sentenced to 12 years imprisonment, other than on count 15 on indictment 541 of 2011, which was attempted armed robbery, in respect of which he was sentenced to 10 years imprisonment.

More Definitions of Borrower Preferred Stock

Borrower Preferred Stock means the pay-in-kind Preferred Stock of the Borrower, $.01 par value per share, issued by the Borrower pursuant to the Borrower Preferred Stock Documents as contemplated by Section 5.06.

Borrower Preferred Stock means the 12% Senior PIK Preferred Stock of the Borrower.

Borrower Preferred Stock as defined in Section 3.3(a).

Borrower Preferred Stock means that certain Series A Redeemable Convertible Preferred Stock issued by the Borrower in connection with Fieldcrest Cannxx Xxxnsaction.

Borrower Preferred Stock the preferred Capital Stock of the Borrower, with a liquidation preference not to exceed the greater of (a) $50,000,000 plus the amount of all cumulated and unpaid dividends in kind and (b) an amount equal to the amount the holders thereof would have received upon a liquidation had such holders converted their shares of Borrower Preferred Stock into shares of common stock of Virgin Mobile USA, Inc. immediately prior to such liquidation, issued to Virgin Mobile USA, Inc. or its Subsidiaries on the date of consummation of the Helio Acquisition to effectuate the contribution by Virgin Mobile USA, Inc. of preferred equity proceeds to the Borrower; provided, that (i) such Capital Stock shall not be convertible into or exchangeable for Indebtedness or other preferred Capital Stock and (ii) prior to the date that is one year following the later of the maturity date of the loans under this Agreement and under the Senior Debt Agreement (a) shall not mature or be mandatorily redeemable (other than solely for common equity), (b) shall not be redeemable at the option of the holder thereof (other than solely for common equity), in whole or in part, and (c) shall not provide for any dividends or other payments in cash.

Borrower Preferred Stock means (a) 300,000 shares of Borrower's 11-1/2% Senior PIK Preferred Stock due 2010 (liquidation preference $100 per share) and such additional shares of Borrower's 11-1/2% Senior PIK Preferred Stock due 2010 as may be issued in lieu of cash dividends thereon and (b) 3,000 shares of Borrower's 12% Junior Convertible Preferred Stock (liquidation preference $1,000 per share) and such additional shares of Borrower's 12% Junior Convertible Preferred Stock as may be issued in lieu of cash dividends thereon.

Borrower Preferred Stock shall be as described in Schedule 6.16, PROVIDED that such preferred stock shall only pay non-cash dividends and shall not mature prior to 2007.