Preferred Rights definition

Preferred Rights means outstanding Rights to acquire Junior Participating Cumulative Preferred Stock of PhyAmerica under the Rights Agreement between PhyAmerica and First Union National Bank (now Wachovia Bank) dated as of February 26, 1995 and as subsequently amended (the "Rights Agreement").
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Preferred Rights means the preferential rights attached to the Class A Shares pursuant to the by-laws of the Company, which consist in the right of all of the Class A Shares to receive all amounts distributed by the Company as capital distributions pursuant to a resolution of capital reduction passed by the shareholders meeting of the Company, up to US$ 41,440,000, excluding therefore other Shares from such distributions.
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Examples of Preferred Rights in a sentence

  • EXHIBIT ACOMPLIANCE AND REPORTING OF PERSONAL TRANSACTIONS MATRIXInvestment Category/Method BONDS Treasury Bills, Notes, Bonds Agency Corporates MBS ABS CMO’s Municipals Convertibles STOCKS Common Preferred Rights Warrants Automatic Dividend Reinvestments Optional Dividend Reinvestments Direct Stock Purchase Plans with automatic investments Employee Stock Purchase/Option Plan OPEN-END MUTUAL FUNDS Affiliated Investments – see Schedule A.

  • Modavox will relinquish its seat on the Newco Board of Directors and lose rights to the corresponding majority governance Control Provisions but shall gain any and all rights and privileges available to the next round of Newco equity investors, anticipated to be Series A Preferred Rights.

  • Each Common Share issued pursuant to a Terms Agreement referred to in Section 3, upon conversion of Preferred Shares or Depositary Shares or upon exercise of a Warrant will include one preferred share purchase right (the "Junior Preferred Rights") entitling the holder thereof to purchase, under certain circumstances, one one-thousandth of a share of Series A Junior Participating Preferred Stock, par value $1.60 per share, of the Company, subject to adjustment.

  • Any Convertible Preferred Units acquired by the General Partner pursuant to an exercise by any Limited Partner of the Convertible Preferred Rights shall be deemed to be acquired by and reallocated or reissued to the General Partner.

  • The right of the holders of the Series A Preferred Stock to elect the Series A Directors and the term of office of the Series A Directors shall terminate upon the occurrence of the Series A Preferred Rights Termination Date, and the number of directors shall be reduced accordingly.

  • The Convertible Preferred Rights granted hereunder may be exercised on the terms and subject to the conditions and restrictions contained in EXHIBIT F upon delivery to the General Partner of an Exchange Exercise Notice in the form of Schedule 1 to EXHIBIT F, which notice shall specify the Convertible Preferred Units to be exchanged by such Limited Partner.

  • This detail includes for each item the total amount to be carried over, it’s part related to cost accrued for in 2013 and cost that will be incurred in 2014 and some explanation.

  • The General Partner does hereby grant to any Limited Partner holding Series C Preferred Units the right (hereinafter such right sometimes referred to as the "Series C Preferred Rights"), to exchange all or a portion of their Series C Preferred Units on the terms and subject to the conditions and restrictions contained in EXHIBIT D.

  • The terms and provisions applicable to the Series C Preferred Rights shall be as set forth in EXHIBIT D.

  • The terms and provisions applicable to the Convertible Preferred Rights shall be as set forth in EXHIBIT F.

Related to Preferred Rights

  • 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.’’

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

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

  • 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.

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

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

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

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).

  • Series C Preferred Units shall have the meaning provided in Section 1.

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

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