Existing Preferred Stock definition

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

Existing Preferred Stock means the Company’s Series A Convertible Preferred Stock, par value $0.01 per share, with the designations, preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends, qualifications or terms or conditions set forth in the Articles Supplementary filed with the State Department of Assessment and Taxation of the State of Maryland on December 2, 2015.

Existing Preferred Stock means the outstanding shares of Series A Convertible Preferred Stock and Series B-2 Convertible Preferred Stock of the Corporation.

Examples of Existing Preferred Stock in a sentence

• For purposes of this Section A.7(e)(i), the number of shares of Common Stock deemed issuable upon conversion of such outstanding shares of Existing Preferred Stock shall be determined without giving effect to any adjustments to the applicable Conversion Price resulting from the Dilutive Issuance that is the subject of this calculation.

• In any election of directors pursuant to this Section A.6(d), each stockholder shall be entitled to one vote for each share of Common Stock held or, if Existing Preferred Stock, into which each such share of Existing Preferred Stock is then convertible (determined in accordance with Section A.6(a) hereof), and no stockholder shall be entitled to cumulate its votes by giving one candidate more than one vote per share.

• The voting right of the stockholders contained in this Section A.6(d) apply only so long as shares of Existing Preferred Stock remains and outstanding and may be exercised at a special meeting of the stockholders called as provided in accordance with the by-laws of the Corporation, at any annual or special meeting of the stockholders of the Corporation, or by written consent of the stockholder in lieu of a meeting.

• The number of shares, powers, terms, conditions, designations, preferences and privileges, relative, participating, optional and other special rights, and qualifications, limitations and restrictions, if any, of the Existing Preferred Stock shall be as set forth in this Part A.

• In any such vote, each share of Existing Preferred Stock shall entitle the holder thereof to the number of votes per share that equals the number of shares of Common Stock (including fractional shares) into which each such share of Preferred Stock is then convertible, rounded up to the nearest one-tenth of a share, but not including any shares of Common Stock issuable upon conversion of any dividends accrued on such Existing Preferred Stock.

More Definitions of Existing Preferred Stock

Existing Preferred Stock means, collectively, 14¼% Preferred, 9¾% Preferred and NBCU Series B Preferred.

Existing Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

Existing Preferred Stock means Encompass's 7.25% convertible participating preferred stock, par value $0.001 per share, issued and outstanding immediately prior to the Petition Date.

Existing Preferred Stock shall have the meaning ascribed thereto in Section 2.3.

Existing Preferred Stock means the 14 1/4% Cumulative Junior Exchangeable Preferred Stock, par value $.001 per share, of the Company, with a liquidation preference of $10,000 per share, of which 49,610 shares are outstanding as of the date hereof, and any additional shares issued as payment of dividends thereon; and the 9 3/4% Series A Convertible Preferred Stock, $.001 par value, of the Company, with a liquidation preference of $10,000 per share, of which 15,162 shares are outstanding as of the date hereof, and any additional shares issued as payment of dividends thereon.

Existing Preferred Stock means the issued and outstanding shares of Series B Preferred Stock and Series C Preferred Stock.

Existing Preferred Stock shall include preferred stock of the Borrower issued prior to the Effective Date and listed on Annex VI hereto, without giving effect to any extension or replacement thereof, as the same may be modified, supplemented or amended from time to time pursuant to the terms hereof and thereof.