Seller Preferred definition

Seller Preferred shall have the meaning given to such term in the recitals to this Agreement.
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Seller Preferred means the $7,000,000 face amount of Borrower's redeemable preferred membership interests issued on the Issue Date.
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Seller Preferred means the preferred stock having a $50,000,000 aggregate liquidation/preference value issued on the Closing Date to the Seller by the Borrower pursuant to the terms of the Acquisition Agreement.
Sample 1

Examples of Seller Preferred in a sentence

  • Seller Preferred Upgrade (must be chosen at time of listing): includes Heating systems (including heat pumps or steam or hot water heating systems) Hot water heat system boiler must have auto boiler feed; steam heat must have low water cut-off valve.

  • KITCHEN APPLIANCES Plans that cover this item: Buyer | Seller Preferred Upgrade Coverage is limited to primary kitchen area.

  • The Seller has no shares of Seller Common Stock or Seller Preferred Stock reserved for issuance other than as described above.

  • As of the date of this Agreement, no shares of Seller Preferred Stock are issued and outstanding.

  • For so long as the Purchaser holds the Seller Preferred Stock, Seller shall continuously hold in reserve sufficient shares of Seller Common Stock to perform its conversion obligations under the terms of the Seller Preferred Stock.

  • HEATING SYSTEM Plans that cover this item: Buyer | Seller Preferred Upgrade Covered: (Must be centrally ducted) Central heating system including electric, gas, oil, gravity (centrally ducted only), steam or hot water heat systems, ductwork, interior gas lines, dial and non-programmable digital thermostats, relays and wiring.

  • The rights, privileges and preferences of the Seller Preferred Stock are as stated in the Seller Charter and as provided by the NRS.

  • Seller has no shares of Seller Common Stock or Seller Preferred Stock reserved for issuance other than as described above.

  • As of the date of this Agreement, (i) 10,050,316 shares of Seller Common Stock were issued and outstanding, all of which are validly issued, fully paid and nonassessable, (ii) 95,000 shares of Seller Common Stock were held in the treasury of Seller or by Subsidiaries of Seller, and (iii) no shares of Seller Preferred Stock were issued and outstanding.

  • CENTRAL AIR CONDITIONINGPlans that cover this item:Buyer | Seller Preferred UpgradeCovered: (Electric refrigerant central air conditioning units only).


More Definitions of Seller Preferred

Seller Preferred means, (a) the outstanding preferred stock of the Company having an original aggregate liquidation preference of $326,400,000 and consisting of a Series A tranche, a Series B tranche and a Series C tranche (together with all accrued and unpaid dividends) and (b) any additional or new preferred stock of the Borrower or Holdings issued in exchange or replacement therefore that is permitted to be issued under this Agreement.
Sample 1
Seller Preferred means $7.0 million face amount of the Company's redeemable preferred membership interests to be issued to GDREC on the Issue Date pursuant to the terms of the Asset Acquisition Agreement.
Sample 1

Related to Seller Preferred

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

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

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 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 C Preferred means all shares of the Series C Preferred Stock, $0.001 par value per share, of the Company.

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

  • Series F Preferred Shares means the Series F 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.

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

  • Series E Preferred Shares means the Series E 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.

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

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

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

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by Parent (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

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

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

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

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

  • Series D Preferred means the Corporation's Series D Convertible Preferred Stock, par value $.002 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.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

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

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.