Senior Preferred definition

Senior Preferred means the 12.0% Exchangeable Preferred Stock of the Surviving Corporation, $0.01 par value, having an initial liquidation preference of $2.50 per share, and the other material terms set forth in Exhibit B hereto.

Senior Preferred means the Series A Preferred and the Series B Preferred.

Senior Preferred means the senior convertible preferred stock of the Corporation, par value $0.001 per share.

Examples of Senior Preferred in a sentence

• StatusThe obligations under the Securities constitute direct, unconditional and unsecured obligations of the Issuer and rank, unless provided otherwise by law, at least pari passu with all other unsecured and unsubordinated present and future obligations of the Issuer that have the higher rank in insolvency proceedings of the Issuer as determined by § 46 f subsection (5) of the German Banking Act (so called Senior Preferred Securities).

• StatusThe obligations under the Securities constitute direct, unconditional and unsecured obligations of the Issuer and rank, unless provided otherwise by law, at least pari passu with all other unsecured and unsubordinated present and future obligations of the Issuer that have the higher rank in insolvency proceedings of the Issuer as determine by § 46 f subsection (5) of the German Banking Act (so called Senior Preferred Securities).

• This Note may also be a Senior Preferred Note, a Senior Non-Preferred Note or a Subordinated Note, as indicated in the applicable Final Terms.

• In addition, FGIC Corporation paid GE Capital approximately $284,300 in pre-closing dividends and GE Capital retained 2,346 shares of Convertible Preferred Stock (the "Senior Preferred Shares") with an aggregate liquidation preference of $234,600 and approximately 5% of FGIC Corporation's common stock.

• StatusThe obligations under the Securities constitute direct, unconditional and unsecured obligations of the Issuer and rank, unless provided otherwise by law, at least pari passu with all other unsecured and unsubordinated present and future obligations of the Issuerthat have the higher rank in insolvency proceedings of the Issuer as determine by § 46 f subsection (5) of the German Banking Act (so called Senior Preferred Securities).

More Definitions of Senior Preferred

Senior Preferred means the Series D Preferred, Series C Preferred and the Series B-3 Preferred.

Senior Preferred means the 15% Senior Preferred Stock due 2012, par value $0.01 share, of the Company.

Senior Preferred means the Series C Preferred, the Series D Preferred and Series E Preferred.

Senior Preferred means the Series A Preferred and the Series B Preferred. (tt) “Series B Preferred” means the Series B Preferred Stock of the Company.

Senior Preferred means the Series B, C, D or D-1 Preferred, as the case may be, but shall not include the Series A Preferred or the Mandatorily Convertible Preferred.

Senior Preferred means the Series A-1 Preferred Stock, par value $.01 per share, of the Surviving Company, which stock shall have an initial liquidation preference of $3.00 per share and the other material terms set forth in Exhibit A hereto.

Senior Preferred means, collectively, the Class C Preferred and the ---------------- Class D Preferred.