Senior Exchangeable Preferred Stock definition

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 the Company's 12 1/4 % Senior Cumulative 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

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").

  • 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.

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

  • Issue: 15% Exchange Debentures (the "Exchange Debentures") to be issued by the Corporation, at its option, in exchange for any or all the outstanding shares of 15% Senior Exchangeable Preferred Stock due 2010 (the "Senior Preferred Stock") issued on or about August 17, 1998 to DLJ Merchant Banking Partners II, L.P. and certain of its affiliates (the "DLJ Entities").

  • 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.


More Definitions of Senior Exchangeable Preferred Stock

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 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
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 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 1/2% Senior Exchangeable PIK Preferred Stock due 2010 of the Company, issuable in exchange for the Holding Preferred Stock.
Sample 1
Senior Exchangeable Preferred Stock means the $50.0 million senior exchangeable preferred stock, par value $.001 per share, issued by Company on or after the effective date of the Second Amendment, which shall pay dividends to the holders thereof at a rate of 14% per annum until December 1, 2000 and 15% per annum thereafter, such dividends to be payable in cash until December 1, 2000 and in kind thereafter and which shall be redeemable by Company at any time for an amount equal to the par amount thereof plus a premium equal to the applicable per annum dividend rate, and which must be redeemed by the Company on November 26, 2006.
Sample 1