Junior Preferred definition

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

• For the avoidance of doubt, the Junior Preferred Units and the Senior Preferred Units do not need to be transferred together and may be transferred in separate transactions.

• Notwithstanding anything herein to the contrary but subject to the provisions of this Article VIII, following the Junior Preferred Payment, the Common Members may freely transfer their Common Units to any Person.

• No interest shall be paid to any Member on any Capital Contributions (without limiting in any respect the accrual of the Junior Preferred Return or the Senior Preferred Return on the Junior Liquidation Preference or the Senior Liquidation Preference, respectively, as further set forth herein).

• Prior to the Junior Preferred Payment and so long as the Consent Holder holds any Junior Preferred Interests, the Consent Holder shall have the right to appoint two individuals to attend meetings of the Board of Managers (and any committees thereof); whether such meeting is conducted in person or by teleconference, as non- voting observers (the “Observers”).

• Signature Signature Signature Signature SCHEDULE I LIST OF MEMBERS Name of Member Address Initial Capital Contribution Units Senior Preferred Members: Senior Preferred Units: Federal Reserve Bank of New York 00 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 $1,000,000,000 1,000 Junior Preferred Members: Junior Preferred Units: Federal Reserve Bank of New York 00 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 $8,000,000,000 8,000 Common Members: Common Units: American International Group, Inc.

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 Company's Series B Junior Preferred Stock, no par value.

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 a convertible preferred equity security which will be junior to the Senior Preferred (as defined within the definition of “New Financing” herein) with terms substantially as set forth on the Junior Preferred Term Sheet attached to this Amendment to the Convertible Notes as Schedule 1, as well as such other normal and customary terms which the Board of Directors deems necessary and appropriate to create and fully define the terms of the Junior Preferred and to subordinate it to the rights of the Senior Preferred.

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 shall have the meaning ascribed to such term in Section 5.2(a)(vii).