New Preferred Securities definition

New Preferred Securities has the meaning set forth in Section 9.01(b)(i).

New Preferred Securities means any authorized but unissued Preferred Units and any Unit Equivalents convertible into Preferred Units, exchangeable or exercisable for Preferred Units, or providing a right to subscribe for, purchase or acquire Preferred Units;

New Preferred Securities means any preferred stock, whether now authorized or not, any rights, options or warrants to purchase preferred stock and any indebtedness or stock of the Company which is convertible into preferred stock (or which is convertible into a security which is, in turn, convertible into preferred stock) issued after January 21, 1998; provided, that the term "New Preferred Securities" does not include such Equity Securities issued as a stock dividend to all holders of preferred stock pro rata or upon any subdivision or combination of shares of preferred stock and (ii) shares of preferred stock issued upon exercise of Derivatives outstanding on January 21, 1998.

Examples of New Preferred Securities in a sentence

• However, it is the intention of the parties that the Designated Proceeds be used to repurchase the New Preferred Securities; accordingly, if any of the Designated Proceeds are used to repay the 2018 credit facility debt, then following repayment of the 2018 credit facility debt, the Company will use proceeds realized from Accrued Unrecognized Incentive other than the Designated Accrued Unrecognized Incentive to repay a corresponding amount of the New Preferred Securities.

• The Biotest Stockholder shall for a period of ten (10) Business Days following the receipt of an Issuance Notice (the “Exercise Period”) have the right to elect irrevocably to purchase its Pro Rata Portion of the New Preferred Securities at the purchase price set forth in the Issuance Notice by delivering a written notice to the Company.

• The Biotest Stockholder shall deliver to the Company the purchase price for the New Preferred Securities purchased by it by certified or bank check or wire transfer of immediately available funds.

• The Issuance Notice shall also be accompanied by a current copy of the Members Schedule indicating the Pre-emptive Members’ holdings of Preferred Units and Common Units in a manner that enables each Pre-emptive Member to calculate its Preferred Pro Rata Portion of any New Preferred Securities and its Common Pro Rata Portion of any New Common Securities.

• The Biotest Stockholder’s election must be received by the Company prior to the expiration of the Exercise Period and the failure of the Biotest Stockholder to deliver its written irrevocable election within the Election Period shall be deemed a waiver by the Biotest Stockholder of its right to purchase its Pro Rata Portion of the New Preferred Securities identified in the Issuance Notice.

More Definitions of New Preferred Securities

New Preferred Securities. ’ means the k100,000,000 Series A Floating Rate Non-cumulative Guaranteed Non-voting Preferred Securities issued on 1st December,2003;

New Preferred Securities means shares of Preferred Stock or any other preferred equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.

New Preferred Securities. ’ means the k100,000,000 Series A Floating Rate Non-cumulative Guaranteed Non-voting Preferred Securities to be issued on 1st December,2003 by the Issuer;

New Preferred Securities means, in the case of a Sale of the Corporation, preferred stock of the surviving or resulting corporation or acquirer, as the case may be, having terms substantially similar to the Series A Preferred Stock (and reasonably acceptable to the Requisite Series A Preferred Holders in light of the circumstances then prevailing at the time such preferred stock is issued), with respect to voting rights (including, without limitation, protective covenants), board representation, seniority, liquidation preference (with the aggregate liquidation preference thereof being equal to the Outstanding Aggregate Cost minus the Cash Amount), and conversion features, provided that the New Preferred Securities shall convert into a number of securities of the surviving or resulting corporation or acquirer, as the case may be, issued to the stockholders of the Corporation as part or all of the consideration payable with respect to such Sale of the Corporation, having an aggregate value on the date on which the Sale of the Corporation is consummated equal to the aggregate Series A Preferred Liquidation Preference with respect to the outstanding shares of Series A Preferred Stock minus the Cash Amount.

New Preferred Securities means the €100,000,000 6.50 per cent. Guaranteed Non-voting Non-cumulative Perpetual Preferred Securities issued on 9th February, 2004;

New Preferred Securities means any non participating New Securities which holds a preference or priority with respect to any other equity security, including a preference with respect to dividends, distributions, voting or any other matter, but excluding any security which is convertible to Common Units or otherwise participates in the equity return to Common Units. Each holder of Units immediately prior to such acquisition shall be able to transfer the preemptive rights under this ARTICLE XV to an affiliate.

New Preferred Securities means any preferred stock, whether now authorized or not, any rights, options