Preferred Equity Securities definition

Preferred Equity Securities means any equity securities of the Company or any of its Subsidiaries which are limited to a fixed sum or percentage of stated value in respect to the rights of the holders thereof to participate in dividends or in the distribution of assets upon any liquidation, dissolution or winding up of the Company or any such Subsidiary.

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Preferred Equity Securities has the meaning set forth in the Convertible Notes.

Preferred Equity Securities means any Equity Security of the Company (other than the Series A Preferred or Series B Preferred) that ranks senior to the Common Stock as to dividends or the distribution of assets upon any liquidation, dissolution or winding up of the Company, or any Debt Security that is issued with any Equity Security.

Examples of Preferred Equity Securities in a sentence

No Preferred Stock or any other Preferred Equity Securities shall be issued by the Corporation except in conformity with this Agreement.
The Subsequent Convertible Notes are, subject to the terms of the Subsequent Convertible Notes, convertible into shares of Common Stock, Series A Preferred, Preferred Equity Securities and Other Company Securities.
Each Dolphin Holder of Stockholder Shares' contractual preemptive rights under this Section 2 shall be deemed to be exercised immediately prior to the close of business on the day of payment of the purchase price in accordance with the foregoing provisions, and at such time such Dolphin Holder shall be treated for all purposes as the record holder of the Preferred Equity Securities, as the case may be.
As promptly as practicable (and in any event within ten (10) days) on or after the purchase date, the Company shall issue and deliver at its principal office a certificate or certificates for the number of full shares or amount, whichever is applicable, of Preferred Equity Securities together with cash for any fraction of a share or portion of a Preferred Equity Security at the purchase price to which the Dolphin Holder of Stockholder Shares is entitled hereunder.
The Initial Convertible Notes are, subject to the terms of the Initial Convertible Notes, convertible into shares of Common Stock, Series A Preferred, Preferred Equity Securities and Other Company Securities.

More Definitions of Preferred Equity Securities

Preferred Equity Securities means securities that (a) are unsecured and subordinated in right of payment to the Obligations, (b) do not mature and have no ability to be optionally redeemed by the holder thereof prior to the date that is six (6) months after the Scheduled Maturity Date and (c) do not receive any payments or distributions so long as a breach of the Financial Covenant, Default or Event of Default exists and is continuing.

Preferred Equity Securities means any Equity Security of the Company (other than the Conversion Preferred) that ranks senior to the Common Stock as to dividends or the distribution of assets upon any liquidation, dissolution or winding up of the Company, or any Debt Security that is issued with any Equity Security.

Preferred Equity Securities means any Equity Security of the Corporation (other than the Series B Preferred or Series A Preferred) that ranks senior to the Common Stock as to dividends or the distribution of assets upon any liquidation, dissolution or winding up of the Corporation, or any Debt Security that is issued with any Equity Security.

Preferred Equity Securities means, with respect to any Stockholder, any of the following that is now owned or that is hereinafter acquired by such Stockholder: (i) any Preferred Stock or other class or series of preferred capital stock of the Company; (ii) any security convertible, with or without consideration, into any securities described in clause (i) of this definition; (iii) any security carrying any warrant or right to subscribe for or purchase shares of any securities described in clause (i) of this definition; and (iv) any warrant, note, right, option or other derivative security which provides the right to subscribe for or purchase any securities described in clauses (i), (ii), or (iii) of this definition.

Preferred Equity Securities means (i) any and all shares of Capital Stock ranking senior to the Common Equity in respect of the right to receive dividends or the right to participate in any distribution upon liquidation, dissolution or winding up of the affairs of the Corporation or the right of redemption thereof, and (ii) any and all securities of the Corporation convertible into, or exchangeable or exercisable for, such shares, and options, warrants or other rights to acquire such shares.

Preferred Equity Securities means (a) any and all shares of Capital Stock ranking senior to the Common Equity in respect of the right to receive dividends or the right to participate in any distribution upon liquidation, dissolution or winding-up of the affairs of the Corporation or the right of redemption thereof, (b) any and all equity interests of the Subsidiaries of the Corporation ranking senior to the common equity interests of such Subsidiaries in respect of the right to receive dividends or the right to participate in any distribution upon liquidation, dissolution or winding-up of the affairs of the Subsidiaries of the Corporation or the right of redemption thereof and (c) any and all securities of the Corporation or any Subsidiary convertible into, or exchangeable or exercisable for, such shares, and options, warrants, equity interests or other rights to acquire such shares or equity interests.

Preferred Equity Securities means (i) the Preferred Membership Interests of the Company and any other preferred Membership Interests of the Company, (ii) any preferred Equity Securities issued or distributed in respect of the securities described in clause (i) by the Company or any other entity in connection with a merger, consolidation, business combination, conversion, recapitalization, reclassification, reorganization and/or exchange of Membership Interests for other securities of the Company or such other entity, including any such Equity Securities issued or distributed in connection with a public offering as provided in Section 14.2 of the LLC Agreement, and (iii) any preferred Equity Securities of the Company or any other entity issued in respect of the securities described in clause (ii) above by way of a stock or other equity split or combination or stock or other equity dividend or in connection with a merger, consolidation, conversion, business combination, recapitalization, reclassification or reorganization.