Hybrid Preferred Stock definition

Hybrid Preferred Stock means monthly income Preferred Stock, quarterly income Preferred Stock and other nonstandard Preferred Stock rated a3 or higher which is issued by a company which has paid dividends during the preceding three years.
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Hybrid Preferred Stock means, collectively, the Series A-1 Hybrid Preferred Stock and the Series A-2 Hybrid Preferred Stock.
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Hybrid Preferred Stock means the Series A-1 Hybrid Preferred Stock and Series A-2 Hybrid Preferred Stock.
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Examples of Hybrid Preferred Stock in a sentence

  • For purposes of this Agreement, the “2005 Registration Rights Agreement” means the First Amended and Restated Registration Rights Agreement of the Company, originally dated as of October 3, 2005, as amended and restated as of December 30, 2005, and the “2007 Registration Rights Agreement” means the Registration Rights Agreement of the Company, dated March 28, 2007, in respect of 7.0% Cumulative Convertible Perpetual Preferred Stock and Hybrid Preferred Stock.

  • Prior to obtaining the NYSE shareholder approval, the Hybrid Preferred Stock will carry a dividend rate of 11.0% per annum, payable in cash.

  • If the NYSE shareholder approval discussed above is obtained, then the Hybrid Preferred Stock will transform in the same designations, rights and preferences as the 7.0% Preferred Stock, including the dividend rights and right to convert into EXCO common stock.

  • On February 22, 2019, the Special Committee met telephonically with Janney and NRF to discuss the terms of the proposal regarding the Hybrid Preferred Stock, including the tax structuring background for such proposal.

  • The Company will bear all fees and expenses incident to its obligation to register the shares of [Common Stock / 7.0% Preferred Stock / Hybrid Preferred Stock].

  • In addition, if any shares of the 7.0% Preferred Stock or Hybrid Preferred Stock are outstanding on March 30, 2011, EXCO would be required to file a registration statement with the SEC to register such shares no later than June 28, 2011.Hybrid Preferred StockThe Hybrid Preferred Stock is not currently convertible into EXCO common stock.

  • However, the rel- atively deep CFHTLS data becomes saturated at magnitude 17 18 and would prevent the selection of bright line emitters.

  • We also agreed to indemnify holders against certain liabilities under the Securities Act in respect of any such resale registration.Hybrid Preferred Stock Registration Rights AgreementIn connection with the Private Placement, we entered into a registration rights agreement, or Hybrid Registration Rights Agreement, with the Hybrid Preferred Stock investors.

  • On March 12, 2019, the Special Committee met telephonically with Xxxxxx, Xxxxxxx and NRF to discuss Xxxxxxx’x quality of earnings analysis, including whether such analysis affected the Special Committee’s position on the economic components of the Proposed Transaction and the proposed Hybrid Preferred Stock.

  • The Company will not receive any of the proceeds from the sale by the selling Holders of the shares of [Common Stock / 7.0% Preferred Stock / Hybrid Preferred Stock].

Related to Hybrid Preferred Stock

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

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

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

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

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

  • 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.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

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

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

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

  • Designated Preferred Stock means Preferred Stock of the Company or any direct or indirect parent of the Company, as applicable (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.

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

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • 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.

  • Standard Preferred Stock means the shares of a series of Preferred Stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.

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

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

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

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

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

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.