Redeemable security definition

Redeemable security. ’ means any secu-
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Redeemable security. ’ means any security, other than short-term paper, under the terms of which the holder, upon its presentation to the issuer or to a person designated by the issuer, is entitled (whether absolutely or only out of surplus) to receive approximately his proportionate share of the issuer’s current net assets, or the cash equivalent thereof.
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Redeemable security means any Security of any Series that, pursuant to the terms of such Series established pursuant to Section 2.2, is redeemable, in whole or part, at the election of the Company, whether upon the satisfaction of any conditions or otherwise.
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More Definitions of Redeemable security

Redeemable security means a security, other than an equity asset, that is issued for a fixed term and is redeemable at the end of that term at a specified value;
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Redeemable security. ’ means any security, other than short-term paper, under the terms of which the holder, upon
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Redeemable security means any security under the terms of which the holder, upon its presentation to the Unit Trust or to any person designated by the Unit Trust, is entitled to receive approximately the proportionate share of the deposited property, or the cash equivalent thereof;
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Redeemable security means any security, other than short-term paper, under the terms of which the holder, upon its presentation to the issuer or to a person designated by the issuer, is entitled (whether absolutely or only out of surplus) to receive approxi mately his proportionate share of the issuer's current net assets, or the cash equivalent thereof.
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Redeemable security. ’ means any secu- rity, other than short-term paper, under the terms of which the holder, upon its presen- tation to the issuer or to a person designated
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Redeemable security. ’ means any security, other than short-term paper, under the terms of which the holder, upon its presentation to the issuer or to a person designated by the
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Related to Redeemable security

  • Mandatorily Convertible Securities means any mandatorily convertible equity-linked securities issued by a Borrower, so long as the terms of such securities require no repayments or prepayments and no mandatory redemptions or repurchases, in each case prior to at least 91 days after the later of the termination of the Commitments and the repayment in full of the Loans and all other amounts due under the Credit Agreement.

  • Mature Shares means Shares for which the holder thereof has good title, free and clear of all liens and encumbrances, and which such holder either (i) has held for at least six months or (ii) has purchased on the open market.

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.