Preferred Stock Approval definition

Preferred Stock Approval means the approval of holders of at least 50% of the outstanding Registrable Securities.
Sample 1Sample 2
Preferred Stock Approval means the consent of the holders of majority of the issued and outstanding Preferred Stock.
Sample 1Sample 2
Preferred Stock Approval means the affirmative vote of the holders of at least a majority of the shares of Preferred Stock at the time outstanding and entitled to vote thereon, voting together as a single class, given in person or by proxy at a duly held meeting at which a quorum of such class of shares is present approving the conversion of the Preferred Shares into Common Stock.
Sample 1Sample 2

Examples of Preferred Stock Approval in a sentence

  • Arizona School Districts/public entities are subject to all applicable state and local transaction privilege taxes.

  • The Trustees have no duty to determine or otherwise monitor whether a Common Stock Approval Event, a Preferred Stock Approval Event, a Supervisory Event or Market Disruption Event has occurred or whether any adjustments or actions set forth herein should be made, how they should be made or what they should be.

  • In addition, to the extent AIF IV or AIF V, as the case may be, is no longer a holder of any shares of Preferred Stock and the Apollo Purchasers have Preferred Stock Approval Rights at such time, the right of AIF IV or AIF V, as the case may be, to elect a member to the Board of Directors shall be deemed transferred to AIF V or AIF IV, as the case may be.

  • If for any reason, any director appointed by any of AIF IV, AIF V or the Apollo Purchasers ceases to be a director before the expiration of his or her term, and the Apollo Purchasers have Preferred Stock Approval Rights at such time, the Apollo Purchaser who elected such director shall have the right to appoint a director to fill such vacancy.

  • In this study, estimation of runoff and sediment yield from Geba watershed using SWAT model was carry out to identify better model simulation in terms of estimating runoff and sediment yield, evaluating spatial variability and sediment management practices.

  • The Apollo Purchasers will not enter into any agreements with any person or entity limiting their discretion with respect to the exercise of their Preferred Stock Approval Rights.

  • The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of BancWest, including the approval thereof by the sole common shareholder of BancWest, other than the BancWest Preferred Stock Approval which will be obtained prior to the Closing.

  • The Trustee has no duty to determine or otherwise monitor whether a Common Stock Approval Event, a Preferred Stock Approval Event, a Supervisory Event or Market Disruption Event has occurred or whether any adjustments or actions set forth herein should be made, how they should be made or what they should be.

  • To the extent neither AIF IV nor AIF V is a holder of any shares of Preferred Stock and the Apollo Purchasers have Preferred Stock Approval Rights at such time, the Apollo Purchasers, collectively, shall have the right to elect the two members of the Board of Directors previously elected by AIF IV and AIF V.

  • Except as otherwise expressly provided herein, the provisions of this Agreement may be amended or waived at any time only by the written agreement of the Corporation and Preferred Stock Approval; provided, that, any such amendment or waiver shall apply equally to all holders of Registrable Shares.


More Definitions of Preferred Stock Approval

Preferred Stock Approval means an affirmative vote at a meeting or by written consent of the holders of sixty-six and two-thirds percent (66 2/3%) of the Series A Preferred, Series B Preferred and Series C Preferred, collectively.
Sample 1
Preferred Stock Approval means an affirmative vote, at a meeting or by written consent, of the holders of more than 50% of the outstanding Series II Preferred Stock.
Sample 1
Preferred Stock Approval means an affirmative vote, at a meeting or by written consent, of the holders of sixty-six and two-thirds percent (66 2/3%) of the outstanding Preferred Stock, or of the applicable series, as indicated by the context.
Sample 1

Related to Preferred Stock Approval

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

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

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

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

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

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

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

  • Parent Stockholder Approval has the meaning set forth in Section 5.2.

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 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.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Limited Stock Appreciation Right means an Award of a limited Tandem Stock Appreciation Right or a Non-Tandem Stock Appreciation Right made pursuant to Section 7.5 of this Plan.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.