Senior Exchangeable Preferred Stock definition

Senior Exchangeable Preferred Stock means the Company's 12% Senior Exchangeable Preferred Stock, par value $.01 per share.
Sample 1
Senior Exchangeable Preferred Stock means Holdings' 12% Senior Exchangeable Preferred Stock due 2009.
Sample 1Sample 2
Senior Exchangeable Preferred Stock means up to $150 million aggregate liquidation value of the Corporation's 11 3/8% Senior Exchangeable Preferred Stock, par value $.01 per share.
Sample 1Sample 2

Examples of Senior Exchangeable Preferred Stock in a sentence

  • Two million shares of the Preferred Stock of the Corporation shall be designated as Senior Exchangeable Preferred Stock Due 2006 (the "Senior Preferred Stock").

  • No shares of the Company's Senior Exchangeable Preferred Stock Due 2006 are outstanding.

  • The Preferred Stock shall, with respect to dividend rights and upon liquidation, winding up or dissolution, rank junior to the Company's 12 3/4% Series B Senior Exchangeable Preferred Stock due 2010, senior to the Company's Series A Participating Cumulative Preferred Stock, when issued and on a parity with the Company's Series A Cumulative Convertible Preferred Stock and, if and when issued, the Company's Series B Cumulative Convertible Preferred Stock.

  • Holders of 13% Senior Exchangeable Preferred Stock (the "Senior Preferred Stock") issued by Holdings pursuant to a Certificate of Designations dated March 13, 1997 (the "Certificate of Designations") will be entitled to receive, when, as and if declared by the Board of Directors of Holdings, out of funds legally available therefor, dividends on the Senior Preferred Stock at a rate per annum equal to 13% of the liquidation preference per share of Senior Preferred Stock.

  • At any meeting held for the purpose of electing directors at which the Holders shall have the right, voting separately as a class, to elect directors, the presence in person or by proxy of the Holders of at least a majority of the outstanding shares of Senior Exchangeable Preferred Stock shall be required to constitute a quorum of such Holders.


More Definitions of Senior Exchangeable Preferred Stock

Senior Exchangeable Preferred Stock means (i) the 12 3/4% Senior ----------------------------------- Exchangeable Preferred Stock due 2010 of the Company issued on the Issue Date, (ii) any and all additional fully-paid and non-assessable shares of 12 3/4% Senior Exchangeable Preferred Stock due 2010 of the Company issued after the Issue Date as payment of dividends in accordance with the provisions of Section 3 hereof and (iii) any and all shares of New Preferred Stock.
Sample 1Sample 2
Senior Exchangeable Preferred Stock means up to $150 million aggregate liquidation value of the Company's 11 3/8% Senior Exchangeable Preferred Stock, par value $.01 per share.
Sample 1Sample 2
Senior Exchangeable Preferred Stock means the Corporation's 12 1/4% Cumulative, Senior Exchangeable Preferred Stock Mandatorily Redeemable 2008, $1.00 par value per share.
Sample 1Sample 2
Senior Exchangeable Preferred Stock means the 13 1/4% Senior Exchangeable Preferred Stock issued by the Company on the Issuance Date and any shares of Senior Exchangeable Preferred Stock issued as payment in kind dividends thereon or on shares of Senior Exchangeable Preferred Stock so issued as payment in kind dividends pursuant to the Certificate of Designation as in effect on the Issuance Date.
Sample 1Sample 2
Senior Exchangeable Preferred Stock means the Company's 13% Senior Exchangeable Preferred Stock due 2009.
Sample 1
Senior Exchangeable Preferred Stock means that certain 13% Senior Exchangeable Preferred Stock, par value $1.00 per share, of Acquisition Corp. II, having all of the rights and preferences set forth in the Amended and Restated Certificate of Incorporation of Acquisition Corp. II, dated as of August 22, 2001.
Sample 1
Senior Exchangeable Preferred Stock means the 11 3/8% Senior Exchangeable Preferred Stock, $.01 par value per share, of the Company.
Sample 1