The Cash Amount shall be payable to the Tendering Member on the Specified Exchange Date against delivery of the Tendered Units to the Managing Member and the same number of shares of Clipper Special Stock to Clipper.
Company Capital Stock means the Company Common Stock and the Company Preferred Stock.
Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.
Qualified Capital Stock means any Capital Stock that is not Disqualified Stock.
Reverse Stock Split means a reverse stock split of the outstanding shares of Common Stock that is effected by the Company’s filing of an amendment to its certificate of incorporation with the Secretary of State of the State of Delaware and the acceptance thereof.
Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).
Reverse Split has the meaning set forth in Section 5.21.
Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.
Excluded Capital Stock means:
Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.
Senior Preferred Stock means collectively, (i) Series A-1 Convertible Preferred, (ii) Series A-2 Preferred Stock, (iii) Series A-3 Convertible Preferred, (iv) 14¼% Preferred, (v) 9¾% Preferred, (vi) Series B Convertible Preferred, (vii) Series C Preferred Stock and (viii) Series C Convertible Preferred, in each case as defined in the Master Transaction Agreement.
Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.
Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.
Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.
Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.
Parent Ordinary Shares means the ordinary shares, no par value per share, of Parent.
Common Shares means the common shares in the capital of the Company;
Co-op Shares Shares issued by private non-profit housing corporations.
Class A Common Shares means shares of the Company's Common Stock, Class A, par value $0.0005.
Common Stream as herein used means Crude Petroleum moved through the pipeline and pipeline facilities which is commingled or intermixed with other Crude Petroleum.
Parent Common Stock means the common stock, par value $0.01 per share, of Parent.
Reverse Stock Split Date means the first date following the Initial Exercise Date on which a reverse stock split of the Common Stock is approved and deemed effective.
Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;
Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.
Voting Capital Stock means, with respect to any Person, shares of such Person’s Capital Stock having the right to vote for the election of directors of such Person and any other Capital Stock of such Person treated as voting stock for purposes of Treasury Regulation Section 1.956-2(c)(2).
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.
voting equity securities means equity securities having voting power for the election of directors, whether at all times or only so long as no senior class of security has such voting power by reason of any contingency.