HoldCo Preferred Stock definition

HoldCo Preferred Stock means the non-voting preferred interests in HoldCo.
HoldCo Preferred Stock means shares of Series A preferred stock, par value $0.01 per share, of Holdco.
HoldCo Preferred Stock shall have the meaning set forth in Section 4.6(b).

Examples of HoldCo Preferred Stock in a sentence

  • The SPR HoldCo Preferred Stock issued pursuant to the Internal Reorganization shall (i) be issued in an aggregate principal amount not exceeding $5,000,000 and (ii) have no voting rights except for limited customary protective voting rights with respect to (a) changes to the terms of the SPR HoldCo Preferred Stock and (b) authorization or issuance of securities by SPR HoldCo that are senior to the SPR HoldCo Preferred Stock with respect to dividend rights or on liquidation.

  • Each share of HoldCo preferred stock, par value $0.001 per share (the "HoldCo Preferred Stock"), issued in accordance with the provisions of Section 8.21 and held by Option Sub immediately and outstanding prior to the HoldCo Merger Effective Time, will be automatically converted into the right to receive a number of Parent Shares equal to the product of the Closing Stock Option Number and the Option Exchange Ratio.

  • Notwithstanding any provision in this Agreement and the Separation Agreement, GPC may implement the SPR HoldCo Exchange as a transfer by GPC of all of the outstanding stock of SPR Procurement and SPR, together with indebtedness of SPR that is held by GPC and its Affiliates, to SPR HoldCo in exchange for common stock of SPR HoldCo and no SPR HoldCo Preferred Stock (the “Common Stock SPR HoldCo Exchange”).

  • Promptly after the Effective Time, BNP Paribas will cause to be delivered to the holder of all outstanding shares of HoldCo Preferred Stock, as reflected in the books and records of the Company at the HoldCo Merger Effective Time, the number of Parent ADSs determined pursuant to Section 2.1(b).

  • Immediately after the Initial Exchange Effective Time, the share register of HoldCo shall be written up in respect of the HoldCo Common Stock and HoldCo Preferred Stock issued to Company Shareholders in exchange for the transfer, conveyance and delivery of the Company Shares.


More Definitions of HoldCo Preferred Stock

HoldCo Preferred Stock has the meaning specified in Section 2.1.
HoldCo Preferred Stock is defined in Section 5.03(b) of the Agreement.
HoldCo Preferred Stock means the shares of series A preferred stock in the capital of HoldCo, par value of $0.0001 per share, having, to the maximum extent permitted by the DGCL and other applicable law, the same rights and entitlements as the Company Preferred Shares immediately prior to the Initial Exchange Effective Time.
HoldCo Preferred Stock means the Preferred Stock, par value $0.001 per share, of the Company.
HoldCo Preferred Stock means, collectively, the Holdco Voting Preferred Stock and the Holdco Non-Voting Preferred Stock.
HoldCo Preferred Stock means a series of cash pay convertible preferred stock of Holdco (or depositary shares evidencing ownership interests therein) having the terms set forth on EXHIBIT E hereto; PROVIDED that the conversion ratio and dividend rate (the "VARIABLE TERMS") of any Holdco Preferred Stock issued to the Sellers pursuant to Section 3.3.3 hereof shall be established so that the fair market value of each such share (or depositary share) of Holdco Preferred Stock shall be at least equal to, as of the issue date, the liquidation value thereof, assuming that such Holdco Preferred Stock is freely tradeable as of the issue date and without regard to the provisions set forth in EXHIBIT E hereto under the caption "Lockup." At least ten days prior to the issuance of the Holdco Preferred Stock, Parent and the Sellers' Representative shall meet in an attempt to agree on the Variable Terms. If such Persons are unable to agree on such terms within two days following commencement of negotiations with respect thereto, such terms shall be specified by a nationally recognized investment banking firm (which firm will be agreed to by Parent and the Sellers' Representative by February 28, 1998) after giving effect to all relevant factors, including Holdco's capitalization and the Equity Issuance pursuant to Section 6.4.1.
HoldCo Preferred Stock means the Holdco Series A Stock and the Holdco Series B Stock. Table of Contents