Redeemable Preferred Stock definition

Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

Redeemable Preferred Stock means preferred stock that by its terms or otherwise is required to be redeemed or is redeemable at the option of the holder thereof on, or prior to, the maturity date of the Senior Notes.

Redeemable Preferred Stock means any preferred stock issued by a Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

Examples of Redeemable Preferred Stock in a sentence

• Qurate Retail issued the 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “Preferred Stock”).

• The land was now dominated by small scale players, which poised some challenges to the Zimbabwean government in terms of managing the risks associated with having too many small-scale landowners as well as accessibility of markets to sell the output from the land (World Bank 2019).

• In September 2004, we closed a public offering of 7,000,000 shares of 7.625% Series F Cumulative Redeemable Preferred Stock.

• The Series IV Cumulative Non-Convertible Redeemable Preferred Stock earns cumulative dividends at an annual rate of 13.5% based on the paid-up subscription price.

• In September 2003, we issued 1,060,000 shares of 6% Series E Cumulative Convertible and Redeemable Preferred Stock as partial consideration for an acquisition of assets by the Company, with the shares valued at $26,500,000 for such purposes.

More Definitions of Redeemable Preferred Stock

Redeemable Preferred Stock means shares of the Borrower’s preferred stock which by its terms requires or permits the Borrower to redeem such shares.

Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Maturity Date either

Redeemable Preferred Stock means the Company's Redeemable Preferred Stock, par value $.01 per share.

Redeemable Preferred Stock of any Person means any equity interest of such Person that by its terms (or by the terms of any equity interest into which it is convertible or for which it is exchangeable), or otherwise (including on the happening of an event), is required to be redeemed for cash or other property or is redeemable for cash or other property at the option of the holder thereof, in whole or in part, on or prior to the Termination Date; or is exchangeable for Indebtedness at any time, in whole or in part, on or prior to the Termination Date; provided that Redeemable Preferred Stock shall not include any equity interest by virtue of the fact that it may be exchanged or converted at the option of the holder or of the Company for equity interests of the Company having no preference as to dividends, distributions or liquidation over any other equity interests of the Company.

Redeemable Preferred Stock. Any preferred stock issued by a Person which is at any time prior to the Maturity Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

Redeemable Preferred Stock has the meaning set forth in Section 1 hereof.

Redeemable Preferred Stock means the Borrower’s currently outstanding 1,586,620 shares of Series B convertible redeemable preferred stock that is subject to mandatory redemption on January 1, 2024 (the “Series B Redeemable Preferred Stock”), and 1,320,850 shares of Series C convertible redeemable preferred stock that is subject to mandatory redemption on January 1, 2026 (the “Series C Redeemable Preferred Stock”).