Qualified Capital Stock definition

Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.
Qualified Capital Stock means any Capital Stock that is not Disqualified Stock.
Qualified Capital Stock of any Person means any Capital Stock of such Person that is not Disqualified Capital Stock.

Examples of Qualified Capital Stock in a sentence

  • Any notice for such a redemption may be given prior to completing the Equity Offering or sale of Qualified Capital Stock.

  • Except as permitted by Section 6.01, issue any Equity Interest that is not Qualified Capital Stock.

  • On or before the Closing Date, Parent shall have received not less than $12,000,000 of proceeds of the issuance of its Qualified Capital Stock pursuant to its recent equity issuance of Class C-2 stock.

  • Pursuant to the Purchase Agreement (such term and each other capitalized term used but not defined in these recitals having the meaning set forth in Article I) (a) Hawkeye Holdings, L.L.C. (the “Seller”) will contribute 100% of the membership interests of the Company to Holdings (which Equity Interests shall be Qualified Capital Stock or shall have terms reasonably acceptable to the Arrangers), (b) certain affiliates of Xxxxxx X.

  • Notice of any redemption, whether in connection with an offering of Qualified Capital Stock, an incurrence of Indebtedness, a Change of Control or otherwise, may be given prior to the completion thereof, and any such redemption or notice may, at the Issuers’ discretion, be subject to one or more conditions precedent, including, but not limited to, completion of such corporate transaction.


More Definitions of Qualified Capital Stock

Qualified Capital Stock of any Person means any and all Capital Stock of such Person other than Redeemable Capital Stock.
Qualified Capital Stock of any person shall mean any Equity Interests of such person that are not Disqualified Capital Stock.
Qualified Capital Stock of any Person shall mean any Equity Interest of such Person that is not Disqualified Stock.
Qualified Capital Stock of any person shall mean any Equity Interest of such person that is not Disqualified Stock.
Qualified Capital Stock of a Person means Capital Stock of such Person other than Disqualified Stock; provided, however, that such Capital Stock shall not be deemed Qualified Capital Stock to the extent sold to a Subsidiary of such Person or financed, directly or indirectly, using funds (i) borrowed from such Person, any Subsidiary of such Person or an employee stock ownership or benefit plan of such Person or (ii) contributed, extended, guaranteed or advanced by such Person, any Subsidiary of such Person or an employee stock ownership or benefit plan of such Person. Unless otherwise specified, Qualified Capital Stock refers to Qualified Capital Stock of the Company.
Qualified Capital Stock means any Capital Stock of the Issuer that is not Disqualified Stock.
Qualified Capital Stock any Capital Stock (other than warrants, rights or options referenced in the definition thereof) that either (a) does not have a maturity and is not mandatorily redeemable, or (b) by its terms (or by the terms of any employee stock option, incentive stock or other equity-based plan or arrangement under which it is issued or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, (x) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is mandatorily redeemable (excluding any mandatory redemption resulting from an asset sale or change in control so long as no payments in respect thereof are due or owing, or otherwise required to be made, until all Obligations have been paid in full in cash), pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof, in whole or in part, or requires the payment of any cash dividend or any other scheduled payment constituting a return of capital, in each case, at any time on or after the ninety-first (91st) day following the Term Loan Maturity Date, or (y) is convertible into or exchangeable (unless at the sole option of the issuer thereof) for (i) debt securities or (ii) any Capital Stock referred to in clause (x) above, in each case, at any time on or after the ninety-first (91st) day following the Term Loan Maturity Date.