Class ABI Preferred Stock definition

Class ABI Preferred Stock means the Class ABI Convertible Redeemable Preferred Stock of the Company, $0.01 par value per share.
View Source
Class ABI Preferred Stock shall have the meaning set forth in the second paragraph hereof.
View Source

Examples of Class ABI Preferred Stock in a sentence

  • The parties hereby agree that between ---------------- the date hereof and the date of the Second Closing they shall mutually cooperate with a view to structuring the issuance of a portion of the Class ABI Preferred Stock through a limited liability company formed by the Company.

  • Apportionment of Stock Between Class ABI Preferred Stock and Class ABII Preferred Stock..............................

  • If the parties cannot agree on such a limited liability structure, the Company shall have the right to issue a debt instrument in lieu of all or any portion of the Class AB Preferred Stock to be issued hereunder, provided that such debt instrument contains terms and conditions that are no less favorable to the Purchaser than the terms and conditions of the Class ABI Preferred Stock (such debt to have a maturity date of December 31, 2004).

  • The parties will apportion the Class AB ------------------------------------ Preferred Stock to be issued between the Class ABI Preferred Stock and the Class ABII Preferred Stock to ensure that the Purchaser has no more than 45% of the total voting power of the Company, but so that the Company shall issue the maximum amount of Class ABI Preferred Stock it is permitted to issue before issuing any Class ABII Preferred Stock.

  • The Company shall have the right ---------------- to issue a debt instrument in lieu of all or any portion of the Class AB Preferred Stock to be issued hereunder, provided that such debt instrument contains terms and conditions that are no less favorable to the Purchaser than the terms and conditions of the Class ABI Preferred Stock (such debt to have a maturity date of December 31, 2004).

  • The Company shall have the right to issue a debt instrument in lieu of all or any portion of the Class AB Preferred Stock to be issued hereunder, provided that such debt instrument contains terms and conditions that are no less favorable to the Purchaser than the terms and conditions of the Class ABI Preferred Stock (such debt to have a maturity date of December 31, 2004).

  • The right of the holders of Class AA Preferred Stock and Class ABI Preferred Stock to elect Additional Preferred Stock Directors shall continue until such time as neither (i) nor (ii) above is true for two consecutive Test Dates.

  • The Company shall have the right to ---------------- issue a debt instrument in lieu of all or any portion of the Class AB Preferred Stock to be issued hereunder, provided that such debt instrument contains terms and conditions that are no less favorable to the Purchaser than the terms and conditions of the Class ABI Preferred Stock (such debt to have a maturity date of December 31, 2004).

  • The parties hereby further agree that, between the date hereof and the date of the Second Closing, they shall mutually cooperate with a view to structuring the issuance of a portion of any debt issued in lieu of Class ABI Preferred Stock through a limited liability company Subsidiary formed by the Company.

  • Apportionment of Stock Between Class ABI Preferred Stock and Class ABII Preferred Stock ............................................................56 Section 10.18.