Parity Holders definition

Parity Holders has the meaning specified therefor in Section 2.02(c) of this Agreement.
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Parity Holders is defined in Section 2.02(c).
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Parity Holders means the holders of any other series of Preferred Stock of the Corporation with a liquidation preference equal to the liquidation preference of the Series A Convertible Stock.
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Examples of Parity Holders in a sentence

  • Parent will only exercise its suspension rights under this Section 2.01(c) if it exercises similar suspension rights with respect to any Parity Holders.

  • All participating Selling Holders and Parity Holders shall have the opportunity to share pro rata that portion of such priority allocable to any Selling Holder(s) or Parity Holders to the extent not so participating.

  • If, upon any Liquidating Event, the assets of the Corporation available for distribution to its shareholders shall be sufficient to pay the Senior Holders but insufficient to pay the Series A Holders and the Parity Holders, the Senior Holders shall first receive all of the assets to which they are entitled, and the Series A Holders and Parity Holders shall then share ratably in any distribution in accordance with the amounts due such shareholders.

  • If, upon any Liquidating Event, the assets of the Corporation available for distribution to its shareholders shall be sufficient to pay the Senior Holders, the Series A Holders, and the Parity Holders, but insufficient to pay the Common Holders, the Senior Holders, the Series A Holders, and the Parity Holders shall first receive all of the assets to which they are entitled, and the Common Holders shall then share ratably in any distribution in accordance with the amounts due such shareholders.

  • All Participating Holders and Parity Holders shall have the opportunity to share pro rata that portion of such priority allocable to any Holder(s) or Parity Holders to the extent not so participating.

  • Regency will only exercise its suspension rights under this Section 2.01(b) if it exercises similar suspension rights under the Prior Registration Rights Agreements that then remain in effect and with respect to any Parity Holders.

  • All participating Selling Holders, Prior Selling Holders and Parity Holders shall have the opportunity to share pro rata that portion of such priority allocable to any Selling Holder(s), Prior Selling Holder(s) or Parity Holders to the extent not so participating.

  • Without the written consent of Holders and Parity Holders of at least 50% of the outstanding Registrable Securities (assuming conversions), the Company may not grant registration rights to future investors in the Company except as described in this Section 12.

  • If, upon any Liquidating Event, the assets of the Corporation available for distribution to its shareholders shall be sufficient to pay the Senior Holders, the Series B-1 Holders, and the Parity Holders, but insufficient to pay the Junior Holders, the Senior Holders, the Series B-1 Holders, and the Parity Holders shall first receive all of the assets to which they are entitled, and the Junior Holders shall then share ratably in any distribution in accordance with the amounts due such shareholders.

  • Parent will only exercise its suspension rights under this Section 2.01(b) if it exercises similar suspension rights with respect to any Parity Holders.


More Definitions of Parity Holders

Parity Holders means holders of Parity Securities (as defined in the Partnership Agreement) the issuance of which is not subject to approval by the holders of Series A Preferred Units or Series B Preferred Units under Section 16.5(b)(ii)(x) and Section 17.5(b)(ii)(x), respectively, of the Partnership Agreement.
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Parity Holders means those Persons defined as "Holders" under that certain Amended and Restated Registration Rights Agreement dated June 20, 1994 between the Company, Xxxxxxx, Xxxx X. Blend, III ("Blend") and the other parties named therein (the "Blend Agreement").
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Parity Holders has the meaning specified therefor in Section 2.2(c) of this Agreement. “Person” means any natural person, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, foundation, unincorporated organization or government or other agency or political subdivision thereof. “Piggyback Offering” has the meaning specified therefor in Section 2.2(a) of this Agreement. “Purchase and Sale Agreement” has the meaning specified therefor in the recitals of this Agreement. “Registrable Securities” means the Securities, upon original issuance thereof, or any shares or other securities issued in respect of such Registrable Securities because of or in connection with any stock dividend, stock distribution, stock split, purchase in any rights offering or in connection with any exchange for or replacement of such Registrable Securities or any combination of shares, recapitalization, merger or consolidation, or any other equity securities issued pursuant to any other pro rata distribution with respect to the Common Stock or other Registrable Securities, until such time as such securities cease to be Registrable Securities pursuant to Section 1.2 hereof. “Registration Expenses” has the meaning specified therefor in Section 2.7(a) of this Agreement. “Rule 144” means Rule 144 promulgated under the Securities Act or any similar rule or regulation hereafter adopted by the SEC having substantially the same effect as such rule. “SEC” means the U.S. Securities and Exchange Commission (or any successor agency). “Securities” means the 1,500,000 shares of Common Stock issued pursuant to the Purchase and Sale Agreement. “Selling Expenses” means all underwriting discounts, selling commissions or similar fees or arrangements or stock transfer taxes allocable to the sale of the Registrable Securities, and fees and disbursements of counsel to the Selling Holders, other than those fees and disbursements of counsel required to be paid by the Company pursuant to Section 2.7(a) of this Agreement. “Selling Holder” means a Holder who is selling Registrable Securities pursuant to a registration statement. “Underwritten Offering” means an offering in which Common Stock is sold to an underwriter on a firm commitment basis for reoffering to the public or an offering that is a “bought deal” or a “broker-facilitated” transaction with one or more investment banks. As used in this Agreement, a “broker-facilitated transaction” is a transaction in which the b...
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Related to Parity Holders

  • Majority Holders means at any time the Holders of Warrants exercisable for a majority of the shares of Warrant Stock issuable under the Warrants at the time outstanding.

  • Holders means the holder or holders, as the case may be, from time to time of Registrable Securities.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Equity Holders means the Stockholders and the Option Holders.

  • Majority Holder as used in this Section 7.4 shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute a majority of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all of the Registrable Securities.

  • Parity Shares means the APS and each other outstanding series of Preferred Shares the holders of which, together with the holders of the APS, shall be entitled to the receipt of dividends or of amounts distributable upon liquidation, dissolution or winding up, as the case may be, in proportion to the full respective preferential amounts to which they are entitled, without preference or priority one over the other.

  • Initial Holders has the meaning set forth in the preamble.

  • Eligible Holders has the meaning set forth in Section 2.01(a).

  • Security Holder means the holder of a Security.

  • Parity Securities has the meaning specified therefor in Section 2.02(b) of this Agreement.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • Pari Passu Securities means any class or series of capital stock of the Company hereafter created specifically ranking, by its terms, on parity with the Designated Preferred Stock as to distribution of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary.

  • Other Holders means holders of securities of the Company (other than Purchasers) who are entitled, by contract with the Company, to have securities included in a Registration Statement.

  • Senior Noteholders means the holders of the Senior Notes.

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Parity Units means any Partnership Securities, including Preferred Units, that the Partnership may authorize or issue, the terms of which provide that such securities shall rank equally with the Series A Preferred Units with respect to payment of distributions and distribution of assets upon a Dissolution Event.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Series B or “Series B Equipment Notes” means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Parity means the provision of non-discriminatory access to Interconnection, Resale, Unbundled Network Elements and other services provided under this Agreement to the extent legally required on rates, terms and conditions that are non-discriminatory, just and reasonable. Where Technically Feasible, the access provided by Qwest will be provided in "substantially the same time and manner" to that which Qwest provides to itself, its End User Customers, its Affiliates or to any other party.

  • Participating Holders means all Holders of Registrable Securities which are proposed to be included in any offering of Registrable Securities pursuant to Section 2.1 or Section 2.2.

  • Unit Holders means all Unit Holders.

  • Selling Holders means, with respect to a specified registration pursuant to this Agreement, Holders whose Registrable Securities are included in such registration.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.