Preferred Capital Stock definition

Preferred Capital Stock as applied to the Capital Stock of any Person, means Capital Stock of such Person of any class or classes (however designated) that ranks prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to shares of Capital Stock of any other class of such Person.
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Preferred Capital Stock means any Capital Stock with preferential rights of payment of dividends or upon liquidation, dissolution or winding up.
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Preferred Capital Stock in any Person, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over Capital Stock of any other class in such Person.
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Examples of Preferred Capital Stock in a sentence

  • Subject to the rights of the holders of any series of preferred capital stock of the corporation (the "Preferred Capital Stock") then outstanding, special meetings of the stockholders may be called at any time only by the Chairman of the Board, the Chief Executive Officer, the President or by the Board acting pursuant to a resolution duly adopted by a majority of the Whole Board (as defined below), and any ability power of stockholders to call a special meeting is specifically denied.

  • Subject to the rights of the holders of any Preferred Capital Stock of thecorporation to elect additional directors under specified circumstances, theauthorized number of directors of the corporation shall be fixed from time totime exclusively by the Board pursuant to a resolution duly adopted by amajority of the Board members then in office.

  • Admitted Assets, Liabilities, Common Capital Stock, Preferred Capital Stock, and Capital & Surplus Domestic Property & Casualty Insurers 287 Non-Domestic Property and Casualty Insurers.

  • The Company shall continue to be bound by Section 5(g) of the Employment Agreement (Indemnification), which shall survive the termination of the Employment Agreement.

  • Subject to the rights of the holders of any Preferred Capital Stock of the corporation to elect additional directors under specified circumstances, the authorized number of directors of the corporation shall be fixed from time to time exclusively by the Board pursuant to a resolution duly adopted by a majority of the Board members then in office.

  • Elections of directors at all meetings of the stockholders at which directors are to be elected shall be by ballot and, subject to the rights of the holders of any Preferred Capital Stock of the corporation to elect additional directors under specified circumstances, a plurality of the votes cast thereat shall elect directors.

  • Subject to the rights of the holders of any series of preferred capital stock ofthe corporation (the "Preferred Capital Stock") then outstanding, specialmeetings of the stockholders may be called at any time only by the Chairman ofthe Board, the Chief Executive Officer, the President or by the Board acting pursuant to a resolution duly adopted by a majority of the Whole Board (asdefined below), and any ability power of stockholders to call a special meetingis specifically denied.

  • Preferred Capital Stock owned in various Foreign Subsidiaries by a Credit Party.

  • Subject to the rights of the holders of any Preferred Capital Stock of the corporation to elect additional directors under specified circumstances, theauthorized number of directors of the corporation shall be fixed from time totime exclusively by the Board pursuant to a resolution duly adopted by amajority of the Board members then in office.

  • Each Initial Purchaser hereby agrees, subject, however, to the terms and conditions of this Agreement (including Article III), to purchase from the Company, and the Company hereby agrees to sell to each such Initial Purchaser, at the Closing the number of shares of Series A Preferred Capital Stock (collectively, the "Preferred Stock") set forth opposite such Initial Purchaser’s name on Schedule I for the aggregate purchase price also set forth opposite such Initial Purchaser’s name on such Schedule I.


More Definitions of Preferred Capital Stock

Preferred Capital Stock means (1) with respect to the Company, Capital Stock of any class or classes (however designated) which is pari passu with, or preferred (as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of the Company or otherwise) over, the Preferred Units and (2) with respect to any other Person, Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution or otherwise of such Person, over Capital Stock of any other class in such Person.
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Preferred Capital Stock means any and all preferred partnership units, preferred interests and preferred stock of the Company and its Subsidiaries now or hereinafter existing.
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Preferred Capital Stock shall have the meaning ascribed to that term in Section 7.5(b) hereof.
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Preferred Capital Stock means: any class or any series of any class of the capital stock of the Company: (i) which shall be entitled, upon any distribution of any assets of the Company, whether by dividend or by liquidation or by redemption, to any preference ranking prior or superior to the Common Stock; or (ii) which shall be entitled, upon any redemption of any shares of such capital stock, whether at the option of the Company, at the option of the holders thereof, or upon the happening of any specified events, to any preference in redemption payments ranking prior or superior to the Common Stock; or (iii) the holders of which shall be or may become entitled, at any time or upon the happening of any specified events or conditions, to more than one vote for each share of such capital stock held by such holders; or (iv) which shall be convertible into, or exchangeable for, whether at the option of the Company, at the option of the holders thereof, or upon the happening of any specified events or conditions, any shares of Preferred Capital Stock of any class or series.
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Preferred Capital Stock means any preferred capital stock or any convertible preferred capital stock, which is subordinated to the Loan Obligations on terms satisfactory to the Administrative Agent and issued on terms satisfactory to Administrative Agent. PRIME INCREMENT -- is defined in Section 4.8.
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Related to Preferred Capital Stock

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.

  • Retired Capital Stock shall have the meaning provided in Section 10.5(b)(2).

  • Excluded Capital Stock means:

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Voting Capital Stock means with respect to any Person, securities of any class or classes of Capital Stock in such Person ordinarily entitling the holders thereof (whether at all times or at the times that such class of Capital Stock has voting power by reason of the happening of any contingency) to vote in the election of members of the board of directors or comparable governing body of such Person.

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

  • Disqualified Capital Stock means that portion of any Capital Stock which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable at the option of the holder thereof), or upon the happening of any event (other than an event which would constitute a Change of Control), matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole option of the holder thereof (except, in each case, upon the occurrence of a Change of Control) on or prior to the final maturity date of the Notes.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Preferred Equity as applied to the Equity Interests of any Person, means Equity Interests of such Person of any class or classes (however designated) that ranks prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to any shares (or other interests) of other Equity Interests of such Person, and shall include, without limitation, cumulative preferred, non-cumulative preferred, participating preferred and convertible preferred Equity Interests.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Redeemable Capital Stock means any Capital Stock of the Company or any of its Subsidiaries that, either by its terms, by the terms of any security into which it is convertible or exchangeable or otherwise, (a) is or upon the happening of an event or passage of time would be required to be redeemed on or prior to the final stated maturity of the securities or (b) is redeemable at the option of the holder thereof at any time prior to such final stated maturity or (c) is convertible into or exchangeable for debt securities at any time on or prior to such final stated maturity.

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

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Preferred ’ means any of the above securities that are publicly traded on a recognized securities exchange and the securities have a rating of ‘‘A’’ or above. If the securities are not ‘‘Preferred,’’ they are listed as ‘‘Other.’’

  • Capital Stock means, for any entity, any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) stock issued by that entity.

  • Preference Stock means any and all series of preference stock, having no par value, of the Corporation.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

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

  • Preferred Equity Interest means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.