Senior Equity Securities definition

Senior Equity Securities any Equity Securities which, with respect to voting rights, dividend rights or rights on liquidation, dissolution, winding up or in any other respect, rank senior to, or have any other rights in preference of, the Ordinary Shares, now or hereafter authorized by the Company. Shareholder(s): as defined in the first paragraph of this Agreement.
Senior Equity Securities means any equity security of the Corporation issued after the Initial Issue Date with terms specifically providing that such equity security ranks senior to the Series A Preferred Shares with respect to rights to the payment of dividends and/or distributions upon the liquidation, winding-up and dissolution of the Corporation’s affairs, as applicable.
Senior Equity Securities means the Company's most senior equity securities issued and outstanding immediately prior to the consummation of a Change in Control, or, if applicable, to be issued in connection with a Change of Control.

Examples of Senior Equity Securities in a sentence

  • The Company shall not issue any Senior Equity Securities without the prior written consent of the holders of the Preferred Shares pursuant to Section v(B).

  • The Corporation’s ability to issue Parity Equity Securities and Senior Equity Securities shall be subject to the provisions of Section 11(c).


More Definitions of Senior Equity Securities

Senior Equity Securities means (i) shares of any series of preferred stock of the Company other than Series B Shares and (ii) any other securities of the Company convertible into shares of any series of preferred stock of the Company other than Series B Shares.
Senior Equity Securities has the meaning set forth in Section 2.