Converted Preferred Stock definition

Converted Preferred Stock means shares of Common Stock issued on conversion of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock and Series D 1 Preferred Stock.
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Converted Preferred Stock means Preferred Stock issued by the Borrower solely for the purpose of effectuating a Cashless Stock Conversion Term Loan Prepayment.
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Converted Preferred Stock means Preferred Stock issued by the Borrower solely for the purpose of effectuating a Cashless Stock Conversion Term Loan Prepayment. “Preferred Stock” means any preferred Stock issued by the Borrower, including any Converted Preferred Stock. “Preferred Stock Prospectus” has the meaning specified in Section 7.01(t). (b) The definition of “Cashless Term Loan Prepayment” shall be amended and restated in its entirety as follows: “Cashless Term Loan Prepayment” means (x) any Cashless Notes Indebtedness Term Loan Prepayment or (y) any Cashless Stock Conversion Term Loan Prepayment, as the context may require. (c) Clause (a) of the definition of “Restricted Payment” shall be amended by inserting the text underlined below and deleting the text stricken below to read in its entirety as follows: (a) any dividend, distribution or any other payment whether direct or indirect, on account of any Stock or Stock Equivalents of the Borrower or any of its Subsidiaries now or hereafter outstanding, except (i) a dividend payable solely in Stock or Stock Equivalents (other than Disqualified Stock), or (ii) a dividend or distribution payable solely to the Borrower or one or more Guarantors, or (iii) so long as at the time of payment no Default or Event of Default shall have occurred and be continuing or may result therefrom, any payment to holders of Preferred Stock issued pursuant to Section 7.01(t) of regularly payable dividends at a rate not to exceed 9.0% per annum of the liquidation preference of such Preferred Stock, US6224674 006975-0846 3 (d) Clause (d)(iv)(B) of Section 2.09 (Fees) shall be amended by inserting the text underlined below and deleting the text stricken below to read in its entirety as follows: (B) the remainder of the outstanding Deferred Ticking Fees and Other Amendment Fees shall be payable on the earlier of (a) the last day of the Availability Period with respect to the Revolving Credit Facility and (b) the later of (I) the date on which the sum of (x) the aggregate amount of principal of Borrower incurs Additional Notes Indebtedness incurred by the Borrower plus (y) the aggregate liquidation preference of Preferred Stock (other than Converted Preferred Stock) issued by the Borrower in an aggregate principal amount that exceeds $30,000,000 and (II) the later of (x) each date set forth below with respect to each corresponding “Aggregate Amount Payable” if the Revolving Credit Facility Termination Date does not occur prior to or simultaneously with suc...
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Examples of Converted Preferred Stock in a sentence

  • Furthermore, in order to improve controls during the granting of public advantages, and to enhance their monitoring, the examiners recommend that France should give all authorities mandated to approve publicprocurement contracts access to the criminal records of legal persons.

  • After the payment to the holders of Preferred Stock of the full preferential amounts specified in Sections 3(a)-(f) above, no further payments shall be made to the holders of Preferred Stock (other than Converted Preferred Stock) by reason thereof and any remaining assets of the Company shall be distributed with equal priority and pro rata among the holders of the Company’s Common Stock and, if applicable, the holders of Converted Preferred Stock (on an as converted to Common Stock basis).

  • If the Closing of the Conversion does not occur, the Converted Preferred Stock will be returned to the Investor.

  • At or prior to 9:30 a.m., New York City time, on the Closing Date, the Investor agrees to submit the Converted Preferred Stock for conversion in accordance with the terms of the Certificate of Designations.

  • Upon conversion of the Converted Preferred Stock in the Preferred Conversion, the Preferred Conversion Shares will be freely tradable and shall not be required to bear, and shall not bear, any 1933 Act or other restrictive legend.

  • Holders of such shares of First Converted Preferred Stock are entitled to receive upon surrender of their certificates representing shares of First Converted Preferred Stock a certificate or certificates representing shares of Common Stock to which such holder is entitled pursuant to Section 4.2(k) of the Tenth Charter.

  • All shares of Common Stock which may be issued upon conversion of the shares of Series E Convertible Preferred Stock will upon issuance by the Corporation be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.4.1 0 Status of Converted Preferred Stock.

  • All shares of Common Stock which may be issued upon conversion of the shares of Series A Convertible Preferred Stock will upon issuance by the Company be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.4.8 Status of Converted Preferred Stock.

  • Further, upon conversion, each series of Converted Preferred Stock was cancelled and terminated.

  • The rights of the Holder of such Series A Preferred Stock (subject to the Company's satisfaction of its obligations hereunder with respect to such conversion) shall cease at such time with respect to the shares of Series A Preferred Stock so converted (the "Converted Preferred Stock").

Related to Converted Preferred Stock

  • 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.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.

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

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

  • Series E Preferred Stock means the Series E Preferred Stock, par value $0.001, of the Company.

  • Designated Preferred Stock means Preferred Stock of the Company or any direct or indirect parent of the Company (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 A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.00001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 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 D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.

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

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

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

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

  • Series F Preferred Shares means the Series F 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 D Preferred means the Corporation's Series D Convertible Preferred Stock, par value $.002 per share.

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

  • 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 A Preferred Shares means the Series A 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.

  • Qualified Preferred Stock means any preferred capital stock of Holdings or the Lead Borrower 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 at as of the date such Qualified Preferred Stock was issued other than (i) provisions requiring payment solely (or with provisions permitting Holdings or the Lead Borrower, as applicable, to opt to make payment solely) in the form of common Equity Interests or Qualified Preferred Stock of Holdings or the Lead Borrower, as applicable, or any Equity Interests of any direct or indirect Parent Company of Holdings or the Lead Borrower, as applicable, (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 the Lead Borrower, as applicable, 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 or the Lead Borrower 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 a Default or Event of Default hereunder.

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

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

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