Outstanding Preferred Stock definition

Outstanding Preferred Stock means any shares of the Company's preferred stock, par value $.01 per share, issued and outstanding from time to time.

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Outstanding Preferred Stock means all shares of Preferred Stock of the Company issued and outstanding as of the Issue Date.

Outstanding Preferred Stock means the average number of shares of Preferred Stock issued and outstanding during the relevant period.

Examples of Outstanding Preferred Stock in a sentence

• All of the outstanding Shares and shares of Outstanding Preferred Stock have been duly authorized and validly issued and are fully paid and nonassessable and are free of preemptive rights.

• The Stockholders acknowledge that the Outstanding Preferred Stock shall be cancelled by the Company upon consummation of such exchange and the Public Offering.

• Notwithstanding the foregoing, the Pricing Committee of the Company's Board of Directors which has been established in connection with the Public Offering may, in their discretion, determine not to exchange the full amount of BIL Securities' Outstanding Preferred Stock prior to commencement of the Public Offering.

• Each Holder hereby agrees, solely in connection with the existence of any current Triggering Events, to waive, forever more in respect of the Outstanding Preferred Stock its right to enforce its rights in connection therewith.

• Following ▇▇▇’s receipt of the Series 9 Redemption Amount, ▇▇▇ shall no longer hold any shares of Preferred Stock, and shall cooperate with any reasonable request by the Company to execute any document evidencing the transfer of the Outstanding Preferred Stock back to the Company.

More Definitions of Outstanding Preferred Stock

Outstanding Preferred Stock has the meaning ascribed to it in the Recitals.

Outstanding Preferred Stock means the outstanding shares of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock collectively.

Outstanding Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

Outstanding Preferred Stock means, at any given time, the aggregate amount of outstanding shares of Preferred Stock, assuming full exercise, conversion or exchange (as applicable) of all options, warrants and other Securities which are convertible into or exercisable or exchangeable for, and any right to subscribe for, shares of Preferred Stock that are outstanding at such time.

Outstanding Preferred Stock means the shares of Borrower’s 9¼% Series A Cumulative Preferred Stock and 9¼% Series B Cumulative Preferred Stock issued and outstanding on the Closing Date with an aggregate liquidation preference of approximately $50,050,000.

Outstanding Preferred Stock has the meaning set forth in Section 2.6(a).

Outstanding Preferred Stock means the shares of the Company’s 9¼% Series A Cumulative Preferred Stock and 9¼% Series B Cumulative Preferred Stock issued and outstanding on the Issue Date.