New Class A Preferred definition

New Class A Preferred means the New Class A 3% Participating Cumulative Preferred Stock, no par value per share, of the Company and any Series of such Class.
New Class A Preferred means the preferred stock of EV NewCo Parent to be issued on the Effective Date under this Plan.
New Class A Preferred means the Class A preferred stock of Parent to be issued on the Effective Date under the DebtorsPlan of Reorganization, in an initial aggregate amount not to exceed $1,000,000, as such amount may be increased from time to time by any amounts paid in kind pursuant to the terms of such preferred stocks.

Examples of New Class A Preferred in a sentence

  • Concurrently with the execution of this counterpart signature page, the undersigned will become a holder of New Class A Preferred Stock of TOG under the terms of the Shareholders Agreement, and will become bound by the provisions (including restrictions on transfer) thereto.

  • The Conversion Price for the shares of New A-1 Series of New Class A Preferred Stock shall initially be $118.8476 per share (the “New A-1 Series Conversion Price”), subject to adjustment in accordance with the provisions of Section 5 below.

  • The holders of the New Class A Preferred shall have, and are hereby granted by the Company, the information rights of an “Investor” under Section 5.1 of the Recapitalization Agreement.

  • All outstanding shares of Common Stock, New Class A Preferred and New Class B Preferred are, and upon issuance and payment therefor in accordance with the terms of this Agreement, all of the outstanding shares of New Class B Preferred to be issued under this Agreement will be, duly authorized, validly issued, fully paid and non-assessable.

  • No shares of Common Stock, New Class A Preferred or New Class B Preferred are held in the Company’s treasury.

  • The New Organizational Documents shall, among other things: (1) authorize the issuance of the New Class A Preferred, New Common Stock and the New Warrants and the shares of New Common Stock (including any other securities issuable upon exercise of the New Warrants) issued upon the exercise of the New Warrants; and (2) pursuant to and only to the extent required by section 1123(a)(6) of the Bankruptcy Code, include a provision prohibiting the issuance of non-voting equity Securities.

  • The joinder agreement attached hereto and incorporated herein as Exhibit 4.2 is reasonably acceptable to the Company and to the holders of a majority in interests of the issued and outstanding New Class B Preferred and New Class A Preferred, voting together as a single class.

  • More specifically, assuming that the nuclear isomers are concentrated along the center of the fiber and the X rays are generated around the fiber, the radiation power density at the isomers is inversely proportional to the radius of the (cylindrical) emitting surface.

  • The specific benefit of a public good also needs to be offset against the burdens on others in society.

  • The Company may not assign any of its rights under this Agreement, directly or indirectly, voluntarily or by operation of law (by merger, consolidation or otherwise) without the written consent of the beneficial owners of both: (x) a majority of the issued and outstanding New Class B Preferred of all Series, voting together as a single class; and (y) the holders of not less than a majority in interest of the issued and outstanding New Class A Preferred of all Series, voting together as a single class.

Related to New Class A Preferred

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Class C Shares means the shares of Class C common stock of the Company.

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

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to the Stated Series B Liquidation Preference per unit, which liquidation preference shall be subject to (a) increase by the per Series B Preferred Unit amount of any accumulated and unpaid distributions (whether or not such distributions shall have been declared) and (b) decrease upon a distribution in connection with a Liquidation Event described in Section 16.4 which does not result in payment in full of the liquidation preference of such Series B Preferred Unit.

  • Class A Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.