Series A Cumulative Preferred Stock definition

Series A Cumulative Preferred Stock means those certain 40,000 shares of Holdings' 13-1/2% Stock Due 2009, $0.01 par value per share.

Series A Cumulative Preferred Stock means the Series A Cumulative Preferred Stock of EchoStar outstanding on the date of this Indenture.

Series A Cumulative Preferred Stock shall have the meaning set forth in Section 3.2 of this Agreement.

Examples of Series A Cumulative Preferred Stock in a sentence

• The Corporation will furnish to each holder of Series A Cumulative Preferred Stock upon request without change a copy of the Articles of Incorporation and resolutions of the Board of Directors.

• No waiver of any rights shall be binding upon any holder of Series A Cumulative Preferred Stock unless in a writing signed by or authorized by such holder, and then only to the extent that this is set forth in such waiver.

• No delay or omission on the part of any holder of the Series A Cumulative Preferred Stock in exercising any right of such holder shall operate as a waiver of such rights or any other rights of the holders of Series A Cumulative Preferred Stock.

• There shall be a class of Preferred Stock of the Corporation designated as "8.0% Series A Cumulative Preferred Stock," and the number of shares of stock constituting such series shall be 4,300,000.

• Four million three hundred thousand (4,300,000) shares of the Preferred Stock shall be designated as "8.0% Series A Cumulative Preferred Stock" (the "Series A Preferred Stock").

• Dividends on the Series A Cumulative Preferred Stock shall be cumulative from the Original Issue Date (whether or not declared and whether or not in any dividend period or dividend periods there will be net profits or net assets of the Corporation legally available for the payment of those dividends).

• When the holders of Series A Cumulative Preferred Stock are divested of special voting power, the term of office of the persons elected as directors by the holders of Series A Cumulative Preferred Stock shall terminate.

• The right to elect directors shall continue until dividends in default on Series A Cumulative Preferred Stock are paid in full or funds sufficient for their payment are set aside, and shall cease when the dividends are so paid or set aside, subject to future reactivation in the event of future defaults.

• If at any time or times, dividends payable on Series A Cumulative Preferred Stock have not been paid or declared and a sum sufficient for their payment set aside for a period of one and one-half years, then the holders of Series A Cumulative Preferred Stock, voting separately as a class, shall be entitled to elect two (2) directors of the Corporation as provided in the Articles of Incorporation of the Corporation.

• In the event that any Organic Change (as defined below) is to occur, any holder of Series A Cumulative Preferred Stock may require the Corporation to redeem, at the Redemption Price, all or any portion of the holder's shares of Series A Cumulative Preferred Stock immediately prior to the consummation of the Organic Change.