Investor Preferred Stock definition

Investor Preferred Stock means the Series B Preferred Stock or the Series C Preferred Stock.

Investor Preferred Stock means the shares of Series A Stock issued to the Investors hereunder.

Investor Preferred Stock means the preferred stock of MGM in an aggregate amount of $500,000,000 purchased by Tracinda and Seven Network on the Original Effective Date.

Examples of Investor Preferred Stock in a sentence

• If the holders of Investor Preferred Stock fail to elect a number of Preferred Directors sufficient to fill the Board Representation Entitlement, then any directorship not so filled shall remain vacant until such time as the holders of Investor Preferred Stock fill such directorship by vote or by written consent in lieu of a meeting; and no such directorship may be filled by stockholders of the Company other than the holders of Investor Preferred Stock.

• No waiver shall be inferred from or implied by any failure to act or delay in acting by a Party in respect of any default, breach or non-observance or by anything done or omitted to be done by the other Party.

• To effect such reduction, the term of office of that number of Preferred Directors required to reduce the number of Preferred Directors to the new Board Representation Entitlement shall immediately end, such person(s) shall cease to be director(s), and neither the remaining Preferred Directors nor the holders of shares of Investor Preferred Stock shall have any right to elect or appoint a Preferred Director to replace such director at such time.

• Any vacancy resulting from the cessation of the term of office of a Preferred Director pursuant to SECTION 4(d)(iii), (v), (vi) or (vii) may be filled by either (A) the Board or (B) the holders of Common Stock generally, and not the holders of Investor Preferred Stock voting as a separate class, in accordance with the Certificate of Incorporation, the Bylaws of the Company and applicable law.

• From and after the Transition Time, the holders of shares of Investor Preferred Stock shall not have any right, voting as a separate class, to elect or appoint a Preferred Director to replace such director.

More Definitions of Investor Preferred Stock

Investor Preferred Stock means the issued and outstanding shares (and corresponding liquidation value) of Parent Series A Preferred Stock, Parent Series A-l Preferred Stock, Parent Series B Preferred Stock and Parent Series B-x Preferred Stock, excluding any such shares of Parent Preferred Stock held by employees of Parent.

Investor Preferred Stock means the Company's Series C Convertible Preferred Stock.

Investor Preferred Stock shall have the meaning set forth in Section 6.3.

Investor Preferred Stock means the Series A Cumulative Exchangeable Redeemable Preferred Stock of the Borrower issued on the Effective Date having the terms specified in the Borrower's Third Amended and Restated Articles of Incorporation as in effect on the Effective Date.

Investor Preferred Stock means the preferred stock of Holdings in an aggregate amount of $500,000,000 purchased by Tracinda and Seven Network on the Closing Date and referred to in Section 3.01(h) hereof.

Investor Preferred Stock shall have the meaning assigned to such term in Section 4.02(f) of this Agreement.

Investor Preferred Stock means (i) the Preferred Stock issued pursuant to this Agreement or the First Purchase Agreement and (ii) any Preferred Stock issued or issuable with respect to the Preferred Stock referred to in clause W above by way of stock dividends or stock splits or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization. As to any particular shares of Investor Preferred Stock, such shares shall cease to be Investor Preferred Stock when they have been (a) effectively registered under the Securities Act and disposed of in accordance with the Registration statement covering them or (b) distributed to the public through a broker, dealer or market maker pursuant to Rule 144 under the Securities Act (or any similar rule then in force).