Preferred Repurchase definition

Preferred Repurchase means the repurchase, redemption and immediate retirement of all of the shares of Holdings’ Series C and D preferred stock pursuant to the Repurchase Agreement for an aggregate consideration of approximately $679,000,000 (and in any event not to exceed $700,000,000).
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Preferred Repurchase shall have the meaning provided in Section 5.05(a).
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Preferred Repurchase means the repurchase by Xxxxxxxxxx of the Preferred Stock from the Preferred Shareholder concurrent with the Closing.
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Examples of Preferred Repurchase in a sentence

  • If the Company exercises the Preferred Repurchase Option, the Company shall give to the Stockholder a written notice (the “Preferred Repurchase Notice”) within the 90 day period specified in Section 4(a) specifying the number of shares the Company is electing to repurchase and the aggregate purchase price to be paid therefor, which Preferred Repurchase Notice shall be signed by an officer of the Company and delivered as provided in Section 12.1 of this Agreement.

  • The authorized number of shares of the Company consists of 150,000,000 Common Shares and 150,000,000 Preferred Shares (subject to the Preferred Repurchase).

  • Ages and heights that are only available in "classes" should not be transferred directly into the age and height fields on the calibration spreadsheet.

  • The Preferred Repurchase Notice shall further set a closing date for the purchase, which date shall not be less than ten (10) nor more than twenty (20) days after the later of (x) the date of the Preferred Repurchase Notice or (y) the date that the Purchase Price (as defined in Section 4(c)) is -finally determined pursuant to Section 4(c).

  • The purchase price for each share of Preferred Stock and/or Conversion Stock for which the Company may exercise the Preferred Repurchase Option is equal to the Purchase Price (as defined in Section 4(c)).

  • November 6, 2009 Page 7 rights or other securities issued in connection with the Rights Offering and shares and warrants issued in the Trust Preferred Repurchase) without Xxxxxx Xxxxxxxx’ prior written consent for a period of 180 days after the closing of the Rights Offering.

  • The Preferred Repurchase Notice shall further set a closing date for the purchase, which date shall not be less than ten (10) nor more than twenty (20) days after the later of (x) the date of the Preferred Repurchase Notice or (y) the date that the Purchase Price (as defined in Section 4(c)) is-finally determined pursuant to Section 4(c).

  • This Agreement represents the entire understanding between the Company and Xxxxxx Xxxxxxxx with respect to the Rights Offering, the Private Placement, the Trust Preferred Repurchase and Xxxxxx Xxxxxxxx’ engagement hereunder, and all prior discussions are merged herein.

  • The Preferred Repurchase Price constitutes all of the consideration due to the holders of Preferred Units under Section 11.1(a) of the Operating Agreement, or otherwise, with respect to their Preferred Units.

  • The Company agrees that, following the closing or consummation of the Rights Offering, Private Placement and/or Trust Preferred Repurchase, Xxxxxx Xxxxxxxx has the right to place advertisements in financial and other newspapers and journals at its own expense, describing its services to the Company and a general description of the subject transaction(s).


More Definitions of Preferred Repurchase

Preferred Repurchase means the repurchase by the Subsidiary of the Subsidiary Preferred Stock from Xxx Research Corporation immediately after the Closing.
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Related to Preferred Repurchase

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Make-Whole Redemption Amount means the sum of:

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Corporation, at a redemption price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of shares of a Series of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a continuous period of six (6) months during which such VRDP Shares are tendered for Remarketing on each Business Day in accordance with the Related Documents but cannot be successfully remarketed (i.e., a Failed Remarketing Condition-Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Corporation on a first-in, first-out basis, in accordance with and subject to the provisions of the Fee Agreement and these Articles Supplementary.

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Liquidation Amount means $1,000 per share of Designated Preferred Stock.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Subordinate Liquidation Amount For any Distribution Date and each Loan Group, the excess, if any, of the aggregate Liquidation Principal of Mortgage Loans related to that Loan Group which became Liquidated Mortgage Loans during the prior calendar month over the related Senior Liquidation Amount for that Distribution Date.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Reverse Repurchase Agreement means an agreement pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Majority in liquidation amount of the Capital Securities means Holder(s) of outstanding Capital Securities, voting together as a class, but separately from the holders of Common Securities, of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all Capital Securities then outstanding.