Redeemable Preferred Shares definition

Redeemable Preferred Shares means shares of 10% Cumulative Redeemable Preferred Stock of the REIT, par value $0.01 per share, having a liquidation preference of $1,000 per share (plus accrued and unpaid dividends).

Redeemable Preferred Shares means, with respect to any Person, any share of such Person's Capital Stock to the extent that it is redeemable, payable or required to be purchased or otherwise retired or extinguished, or convertible into any Indebtedness or other liability of such Person, the whole prior to the Final Maturity Date and at the option of the holder of such Capital Stock or of such Person, whether or not it pays Dividends at a specified or non-specified rate and whether or not such Capital Stock has preference over common stock in any respect;

Redeemable Preferred Shares means any capital stock of the Borrower or a Subsidiary which is redeemable, payable or required to be purchased or otherwise retired or extinguished, or convertible into any Indebtedness at the option of the holder of such capital stock, whether or not it pays dividends at a specified or non-specified rate, and whether or not such capital stock has preference over common stock in any respect

Examples of Redeemable Preferred Shares in a sentence

• In the event that Crescent Equities exercises its redemption right with respect to the Series B Redeemable Preferred Shares, the Partnership shall concurrently redeem a corresponding amount of Series B Redeemable Preferred Partnership Units at the same redemption price paid by Crescent Equities for the Series B Redeemable Preferred Shares (i.e., a redemption price of $25 per Series B Redeemable Preferred Share, plus any accrued, unpaid quarterly distribution thereon).

• Such distributions shall be cumulative from the first date on which any Series B Preferred Units are issued and shall be payable (i) quarterly in arrears on or before March 15, June 15, September 15 and December 15 of each year and (ii) in the event of an exchange of Series B Preferred Units into shares of Gables Trust's 8.625% Series B Cumulative Redeemable Preferred Shares ("Gables Trust Series B Preferred Shares") on the exchange date (each, a "Distribution Payment Date").

• A series of Preferred Shares, designated the “7.25% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest, $.01 par value per share”, is hereby established.

• A series of Preferred Shares, designated the “7.875% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value per share”, is hereby established.

• A series of Preferred Shares, designated the “7.25% Series G Cumulative Redeemable Preferred Shares of Beneficial Interest, $.01 par value per share”, is hereby established.

More Definitions of Redeemable Preferred Shares

Redeemable Preferred Shares means the Series A-1 Shares, the Series B Shares, the Series C Shares, the Series C-1 Shares, the Series C-2 Shares and/or the Series D Shares.

Redeemable Preferred Shares means the redeemable preferred shares in the capital of the Corporation.

Redeemable Preferred Shares means the Series A Convertible Preference Shares of GST outstanding on the Closing Date.

Redeemable Preferred Shares means the Series A Convertible Preference Shares of the Company outstanding on the Closing Date.

Redeemable Preferred Shares means, in respect of any Person, shares of the capital stock (or other equity interests) of such Person that are entitled to preference or priority over any other shares of the capital stock (or other equity interests) of such Person in respect of payment of dividends (or their equivalent) or distribution of assets upon liquidation, and which are:

Redeemable Preferred Shares means the Amalco Class A Redeemable Shares and Amalco Class B Redeemable Shares having attached thereto the rights, privileges, restrictions and conditions set forth in Schedule 1.1(C).

Redeemable Preferred Shares means the Series A Redeemable Preferred Shares and the Series B Redeemable Preferred Shares. “Redeemable Preferred Stock Redemption Amount” means the amounts representing the Series A Liquidation Preference and Series B Liquidation Preference (as such terms are defined in the Charter) of the Series A Redeemable Preferred Shares and Series B Redeemable Preferred Shares, respectively, plus all accrued and unpaid dividends and distributions thereon, whether or not declared, to the date of payment, including for any partial monthly period, with respect to such Redeemable Preferred Shares held by a Person immediately prior to the Closing as may be due in accordance with the Charter. “Related Party Agreements” has the meaning assigned for such term in Section 8.15 hereof. “Related Persons” has the meaning assigned for such term in Section 5.21 hereof. “Releasees” has the meaning assigned for such term in Section 8.16 hereof. “Releasing Parties” has the meaning assigned for such term in Section 8.16 hereof. “Restricted Area” has the meaning assigned for such term in Section 8.18(b) hereof. “Restricted Business” has the meaning assigned for such term in Section 8.18(b) hereof. “Restricted Period” has the meaning assigned for such term in Section 8.17 hereof. “Securities” means the Shares, the Options and the Warrants. “Seller Documents” has the meaning assigned for such term in Section 6.2 hereof. “Seller Indemnified Parties” means each Equity Holder, the Company (for purposes of the obligations under clauses (i) and (ii) of Section 10.3(a)) and their respective directors, officers, employees, Affiliates, stockholders, agents, attorneys, representatives, successors and permitted assigns, but shall not include the Surviving Corporation (and its applicable directors, officers, employees, Affiliates, stockholders, agents, attorneys, representatives, successors and permitted assigns in their capacities as such) from and after the Closing. “Sellers” has the meaning set forth in the Recitals hereto. “Shares” has the meaning assigned for such term in the Recitals hereto. “Software” means any and all (i) computer programs, including any and all software implementations of algorithms, models and methodologies, whether in source code or