Junior Preferred means the voting convertible preferred stock of the Corporation, par value $0.001 per share.
Junior Preferred has the meaning set forth in Section 5.4(a).
Junior Preferred shall have the meaning specified in Section 2.
Examples of Junior Preferred in a sentence
Any shares of Junior Preferred Stock purchased or otherwise acquired by the Company in any manner whatsoever shall be retired and cancelled promptly after the acquisition thereof.
Such number of shares may be increased or decreased by resolution of the Board of Directors; provided, that no decrease shall reduce the number of shares of Junior Preferred Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company convertible into Junior Preferred Stock.
Dividends paid on the shares of Junior Preferred Stock in an amount less than the total amount of such dividends at the time accrued and payable on such shares shall be allocated pro rata on a share-by-share basis among all such shares at the time outstanding.
The Junior Preferred Stock shall rank, with respect to the payment of dividends and the distribution of assets, junior to all series of any other class of the Company's Preferred Stock.
The Board of Directors may fix a record date for the determination of holders of shares of Junior Preferred Stock entitled to receive payment of a dividend or distribution declared thereon, which record date shall be not more than 60 days prior to the date fixed for the payment thereof.
More Definitions of Junior Preferred
Junior Preferred means the Series E Junior Participating Preferred Stock of the Parent, par value $0.01 per share, (i) to be issued upon exchange of certain of the Exchangeable Notes issued to the Purchaser pursuant to the terms of the Exchangeable Note Indenture and (ii) to be issued pursuant to the terms of the Spectrum Contribution Agreement to the Purchaser.
Junior Preferred means the Series A Preferred and the Series B Preferred.
Junior Preferred means the Corporation's Class A Preferred Stock, Class B ---------------- Preferred Stock, Class C Preferred Stock, Class D Preferred Stock, Class E Preferred Stock and Class F Preferred Stock.
Junior Preferred means the Class A Preferred and the Class B Preferred. “Person” means any individual, corporation, association, partnership, trust or estate, government or any agency or political subdivision thereof, or any other entity. “Preferred Share” means any share of Preferred Stock held by any Preferred Stockholder, including any Person who holds Preferred Shares as a result of a Transfer of Preferred Shares in accordance with the terms of this Agreement. “Preferred Stock” means the Company’s Class A Preferred Stock, Class B Preferred Stock and Class C Preferred Stock. “Preferred Stockholder Registrable Securities” means (i) any Common Stock issued upon the conversion of any Preferred Share and (ii) any Common Stock issued or issuable with respect to the securities referred to in clause (i) above by way of a stock dividend or stock split, merger, reorganization, reclassification, whether voluntary or involuntary, or other similar transaction; but, excluding in any event securities which have been (A) registered under the Securities Act pursuant to an effective registration statement filed thereunder and disposed of in accordance with the registration statement covering them or (B) publicly sold pursuant to Rule 144 under the Securities Act. For purposes of this Agreement, a Person shall be deemed to be a holder of Preferred Stockholder Registrable Securities, and such Preferred Stockholder Registrable Securities shall be deemed to be in existence, whenever such Person has the right to acquire directly or indirectly such Preferred Stockholder Registrable Securities upon conversion or exercise of Equity Securities, (regardless of any restrictions or limitations upon the exercise of such right) and such Person shall be entitled to exercise the rights of a holder of Preferred Stockholder Registrable Securities hereunder. “Qualifying Public Offering” means the initial sale of Common Stock at a public offering price per share of not less than $4.950 (as adjusted for stock splits and similar events affecting the Common Stock) in an underwritten public offering registered under the Securities Act (other than a registration relating solely to a transaction under Rule 145 adopted by the Commission under the Securities Act (as such rule may be amended from time to time) or any similar rule or regulation hereafter adopted by the Commission or to an option or employee benefit plan of the Company, or a registration of Common Stock and debt or equity securities issued as a unit ...
Junior Preferred. Stock may be issued in fractions of a share (in one one-hundredths (1/100) of a share and integral multiples thereof) which shall entitle the holder, in proportion to such holder's fractional shares, to exercise voting rights, receive dividends, participate in distributions and to have the benefit of all other rights of holders of Junior Preferred Stock.
Junior Preferred. UNITS: Preferred Units which rank junior to the Senior Preferred Units, and prior and senior to the Partnership Units, in the payment of Priority Return Amounts and Liquidation Preferences. Junior Preferred Units shall be identified on the Addendum to EXHIBIT 1 hereto or otherwise set forth in an amendment to this Agreement. Each class or series of Preferred Units which is denominated Junior Preferred Units shall be entitled to allocations and distributions with respect to Priority Return Amounts and Liquidation Preferences on a PARI PASSU basis with each other class or series of Junior Preferred Units. If after their due date the full amount of all accrued Priority Return Amounts have not been distributed with respect to all Junior Preferred Units pursuant to Article V, no distribution shall be made to the holders of Partnership Units pursuant to that Article. Until the holders of Junior Preferred Units have been paid Liquidation Preferences and all Priority Return Amounts in connection with the liquidation of the Partnership pursuant to Section 10.2, no distribution shall be made to the holders of Partnership Units in connection with such liquidation pursuant to that Section. LIMITED PARTNER: Those Persons listed as holding Partnership Units on EXHIBIT 1 attached hereto and made a part hereof, as such Exhibit may be amended from time to time, including any Person who becomes a Substituted Limited Partner or an Additional Limited Partner in accordance with the terms of this Agreement in such Person's capacity as a limited partner of the Partnership; PROVIDED, HOWEVER, that such term shall not include the Preferred Limited Partners.