Other Preferred Stock definition

Other Preferred Stock means Preferred Stock issued pursuant to the Certificate of Designation to holders other than a given Holder.
Other Preferred Stock of any Person means any Capital Stock of such Person that has preferential rights to any other Capital Stock of such Person with respect to dividends or redemptions or upon liquidation.
Other Preferred Stock means any class of stock ranking as to dividends, redemption or distribution of assets upon any liquidation, dissolution or winding-up of the Company senior to, or otherwise pari passu with, the Preferred Stock.

Examples of Other Preferred Stock in a sentence

  • The Parties acknowledge that this Agreement and the Other Preferred Stock Purchase Agreement do not constitute an agreement, arrangement, or understanding with respect to acting together for the purpose of acquiring, holding, voting, or disposing of any equity securities of the Company.

  • Each employee agrees to report (upon 10 discovery), in writing if possible, any alleged unsafe condition in his/her work 11 environment to his/her immediate supervisor.

  • Except as shown on the financial statements of the Company for the fiscal year ended December 31, 1999, and the Subordinated Notes and the Other Preferred Stock, neither the Company nor any of its Subsidiaries has outstanding, as of the date of this Agreement, any Indebtedness other than pursuant to the Senior Loan Agreement.

  • The Borrower will not effect an issuance of any Preferred Stock, except that the Borrower may issue Other Preferred Stock, provided that after giving effect to the issuance thereof (i) no Default shall have occurred and be continuing and (ii) the Borrower shall be in pro forma compliance with Section 7.11(b).

  • The Other Preferred Stock Purchase Agreement shall be entered into upon such terms and conditions that are substantially equivalent to the terms and conditions of this Agreement.


More Definitions of Other Preferred Stock

Other Preferred Stock means, collectively, the Senior Exchangeable Preferred Stock, the Junior Exchangeable Preferred Stock, and the Class T Preferred Stock.
Other Preferred Stock means, when describing the shares of Preferred Stock held by a Person other than a given Holder, any shares of Preferred Stock that are of the same class of the Preferred Stock owned by such Holder and that are represented by one or more certificates other than the certificate representing the Preferred Stock owned by such Holder.
Other Preferred Stock means the Series A Preferred Stock, the Series B Preferred Stock and the Series C Preferred Stock.
Other Preferred Stock means (a) Preferred Stock issued by the Borrower, but if and only to the extent that (i) the dividend for each share thereof shall not exceed 15% per annum of the liquidation preference of such share and (ii) neither the Borrower nor any of its Subsidiaries may be required to repurchase, redeem or make sinking fund payments with respect thereto at any time or under any circumstances prior to September 15, 2006 and (b) New HYTOPs Preferred Stock.
Other Preferred Stock means (x) any series of Preferred Shares other than Series A; and (y) any shares of any class or series of capital stock of the Corporation (I) ranking senior to or equally with the Series A with respect to either or both the payment of dividends and/or the distribution of assets on any liquidation, dissolution or winding up of the Corporation (including, without limitation, Parity Stock), (II) the terms of which provide for redemption (whether mandatory or optional) due to the occurrence of a Change of Control or (III) ranking senior to any Common Shares with respect to either or both the payment of dividends and/or the distribution of assets on any liquidation, dissolution or winding up of the Corporation.
Other Preferred Stock in Section 1.01 of the Credit Agreement is hereby amended by deleting clauses (a), (b) and (c) thereof and inserting in place thereof the following:
Other Preferred Stock set forth in this Section 1.01.