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.
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Senior Preferred means the Series A Preferred and the Series B Preferred.
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Senior Preferred means the senior convertible preferred stock of the Corporation, par value $0.001 per share.
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Examples of Senior Preferred in a sentence

  • If there is a Dissolution Event before this instrument expires or terminates, the Company will pay (i) first to the Senior Preferred Holders any amounts due and payable to them in connection with a Dissolution Event under the Company’s certificate of incorporation (the “Senior Preferred Holders’ Payment”) and (ii) second an amount equal to the Purchase Amount, due and payable to the Investor immediately prior to, or concurrent with, the consummation of the Dissolution Event.

  • Purchaser and Seller have heretofore entered into the Amended and Restated Senior Preferred Stock Purchase Agreement dated as of September 26, 2008 (the “Amended and Restated Agreement”).

  • The liquidation preference of the Senior Preferred Stock shall increase in connection with draws on the Commitment, as set forth in Section 3.3 below.

  • The Senior Preferred Stock shall be governed as set forth in the terms thereof.

  • Any payment of liquidated damages to Seller under the previous sentence shall be treated for all purposes, including the provisions of the Senior Preferred Stock and Section 3.3 of this Agreement, as a draw and funding of the Commitment pursuant to Article 2.


More Definitions of Senior Preferred

Senior Preferred means the Series H Preferred, Series F Preferred, Series E Preferred, Series D Preferred, Series C Preferred and the Series B-3 Preferred.
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Senior Preferred means the Series C Preferred, the Series D Preferred and Series E Preferred.
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Senior Preferred means the 15% Senior Preferred Stock due 2012, par value $0.01 share, of the Company.
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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.
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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.
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Senior Preferred means, collectively, the Series C Preferred Stock, $0.001 par value per share, of the Company and the Series D Preferred Stock, $0.001 par value per share, of the Company.
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Senior Preferred means the Company's Series A Senior Preferred Stock, no par value.
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