Mezzanine Securities definition

Mezzanine Securities means securities of the Company, excluding Common Stock, but including preferred stock and warrants to purchase Common Stock, issued to any of Vestar and its Affiliates prior to the Effective Time, and any securities into or for which such securities are exchangeable.

Mezzanine Securities means the securities periodically issued by the Issuer in favor of Loral as satisfaction of the Issuer’s payments under the Consulting Services Agreement.

Mezzanine Securities means loans, equity investments or other investments which consist of mezzanine investments, subordinated debt investments, bank loans, high yield bonds, equity securities, distressed debt securities or other similar investments.

Examples of Mezzanine Securities in a sentence

• Each Stockholder agrees that any other Securities which it shall hereafter acquire by means of a stock split, stock dividend, distribution, exercise of stock options, or otherwise (other than Mezzanine Securities or pursuant to a Public Offering or Section 3.2(a)(iii)) shall be subject to the provisions of this Agreement to the same extent as if held on the date hereof.

• To the extent that Mezzanine Securities consist of Common Stock or Common Stock Equivalents, holders of Mezzanine Securities may be given the right by the Company to participate in registrations as if such holders were Stockholders, and the Company shall not be obliged hereunder to comply with any provision of this Section 4 in respect of a registration of Mezzanine Securities.

• Notwithstanding anything to the contrary herein, the Company may grant registration rights to holders of Mezzanine Securities which are more, as or less favorable to such holders than the registration rights of the parties hereto.

• In any event of Transfer, such Transfer shall be subject to transferee signing this Agreement and agreeing to its terms, including, inter alia, with respect to the Mezzanine Securities.

• Persons electing to purchase Mezzanine Securities pursuant to this Section 3.08(b) shall also be entitled to purchase (pro rata according to their holdings of Notes) offered Mezzanine Securities that other Noteholders, if any, decline to purchase.

More Definitions of Mezzanine Securities

Mezzanine Securities means Mortgage Securities rated below the two highest levels but no lower than a single "B" level under the S&P rating system (or comparable level under other rating systems) and are supported by one or more classes of Subordinated Securities which bear Realized Losses prior to the classes of Mezzanine Securities.

Mezzanine Securities means the Consulting Agreement Subordinated PIK Note in the form attached hereto as Exhibit K.

Mezzanine Securities means the securities periodically issued by the Canadian Borrower in favor of Loral as satisfaction of the Borrower’s payments under the Consulting Agreement.

Mezzanine Securities shall have the meaning assigned to that term in Section 3.08(a).

Mezzanine Securities means debt Securities (including convertible debt Securities (other than the “in-the-money” equity component thereof)) and Preferred Stock in each case (a) issued by public or private issuers, (b) issued without registration under the Securities Act, (c) not issued pursuant to Rule 144A under the Securities Act (or any successor provision thereunder), (d) that are not Cash Equivalents and (e) contractually subordinated in right of payment to other debt of the same issuer.

Mezzanine Securities means junior subordinated promissory notes in the form attached to the Senior Credit Facilities as in effect on the Acquisition Closing Date and as described in the Offering Memorandum under “Related Party Transactions—Transaction Agreements—Consulting Services Agreement.”

Mezzanine Securities see introduction to this Agreement and shall include any senior PIK notes of Holdings issued as payment of interest on such notes or in exchange for the Mezzanine Securities issued on the Amendment and Restatement Date in accordance with the Mezzanine Securities Documents.