Preferred Stock Period definition

Preferred Stock Period shall have the meaning set forth in the SMI Certificate of Incorporation.
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Preferred Stock Period shall have the meaning set forth in the SMI Amended and Restated Charter.
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Preferred Stock Period has the same meaning ascribed to such term in the Separation and Distribution Agreement.
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Examples of Preferred Stock Period in a sentence

  • Any Dispute relating to the IT Transition, the ATLAS Development Projects, the Preferred Stock Period or exclusivity or marketing rights under the Joint Marketing Agreement (each, an “Arbitrable Matter”) shall be submitted to binding arbitration in accordance with this Section 7.3(c).

  • Upon successful testing of the ATLAS System following completion of the later of the ATLAS Development Projects or the end of the Preferred Stock Period, SLM BankCo shall grant to Navient an undivided joint ownership interest in all materials created pursuant to the ATLAS Development Projects (“Joint Materials”).

  • Further, SLM BankCo and the other members of the SLM BankCo Group hereby grant to Navient and the other members of the Navient Group a non-exclusive, perpetual, royalty-free, transferable, assignable, sublicenseable, worldwide right and license to all enhancements of, modifications to, and derivative works of the SLM BankCo Licensed Systems developed by SLM BankCo and the other members of the SLM BankCo Group as of the end of the Preferred Stock Period.

  • For the avoidance of doubt, neither SLM BankCo nor any other member of the SLM BankCo Group shall have any obligation to license, nor shall Navient nor any member of the Navient Group have any rights to, enhancements of, modifications to, or derivative works of the SLM BankCo Licensed Systems made by SLM BankCo or any other member of the SLM BankCo Group as of any date later than the end of the Preferred Stock Period.

  • During the Preferred Stock Period, the Board of Directors shall not amend, repeal or adopt By-Laws, unless such action is approved by more than 50% of the directors and at least one of the directors approving such action is a Preferred Stock Designee and at least one of the directors approving such action is a Corporation Designee.

  • During the Preferred Stock Period, if any Corporation Designee ceases to be a Director of the Corporation for any reason, then prior to the next meeting of the Board of Directors following such occurrence, a majority of the remaining Corporation Designees will select a new director to replace such Director (a "Corporation Replacement Designee") and such Corporation Replacement Designee will be appointed to fill the vacancy created by the departure of the Corporate Designee.

  • The Board may commission Fund-level and Strategic- level evaluations as it sees fit.

  • Common Stock Period End Date Preferred Stock Period End Date September 30, Of the 5,000,000 shares of preferred stock authorized, 1,000,000 shares have been designated as Series A Preferred Stock, none of which are currently issued and outstanding and 550,000 shares have been designated as Series B Preferred Stock, none of which are currently issued and outstanding.

  • During the Preferred Stock Period, NewCo will consult with the SMI Board before removing and/or replacing the NewCo Program Manager.

  • Common Stock Period End Date Preferred Stock Period End Date Of the 5,000,000 shares of preferred stock authorized, 1,000,000 shares have been designated as Series A Preferred Stock, of which 374,556 shares are issued and outstanding and 550,000 shares have been designated as Series B Preferred Stock, of which no shares are issued and outstanding.


More Definitions of Preferred Stock Period

Preferred Stock Period means the period commencing on the Effective Date and ending (i) for purposes of Sections 10.1 and 10.2 the date after the Closing on which the Initial Purchaser first fails to own, directly or indirectly, at least 50% of the shares of Common Stock and Series B Junior Preferred Stock of the Corporation that the Initial Purchaser directly or indirectly owned immediately after the Closing (as defined in the Investment Agreement) (the "Initial Termination Date") and (ii) for purposes of Sections 10.3, 10.4 and 10.5, the 18 month anniversary of the Initial Termination Date. (f) "Shareholder Approval" means the approval by shareholders of the Corporation of full voting and conversion rights with respect to the Preferred Stock as contemplated by the Investment Agreement.
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Related to Preferred Stock Period

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

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

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of the Company or any Restricted Subsidiary held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any dividend of this kind shall be equal to the quotient of the dividend divided by the difference between one and the maximum statutory consolidated federal, state and local income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of the Preferred Stock.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

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

  • Series D Preferred Stock means shares of the Company’s Series D 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.

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

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

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

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

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

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

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

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

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

  • 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 D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

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

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

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.