Series A Junior Stock definition

Series A Junior Stock means the Series B Preferred Stock, Series TS Preferred Stock, Common Stock and any equity security of the Corporation that does not, by its terms, state that it ranks senior to or on parity with the Series A Preferred Stock with respect to rights upon a Liquidation Event (whether the liquidation prices per share thereof be different from those of the Series A Preferred Stock) resulting in the holders of any such class of stock or series being entitled to any other amounts distributable upon any Liquidation Event only after the Series A Holders shall have received the Series A Liquidation Preference.
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Series A Junior Stock means, with respect to the Series A Preferred Stock, the Common Stock and any other class or series of capital stock of the Corporation ranking junior to the Series A Preferred Stock (as the context requires) in respect of rights to receive dividends, distributions, proceeds, payments on Capital Stock of the Corporation and redemption rights or otherwise not entitled to receive any assets upon any Liquidation until the Series A Preferred Stock shall have received the entire amount to which such stock is entitled upon such Liquidation.
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Series A Junior Stock means the Common Stock and any other class or series of stock of the Corporation hereafter authorized over which the Series A Preferred Stock has preference or priority either or both as to the payment of dividends and in the distribution of assets on any liquidation, dissolution or winding up of the Corporation.
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Examples of Series A Junior Stock in a sentence

  • The Series A Preferred Stock shall, with respect to dividend rights, distributions, redemption rights and rights on Liquidation rank (i) pari passu with any Series A Parity Stock and (ii) senior to all Series A Junior Stock.

  • In the event of any Liquidation, before any distribution or payment shall be made to the holders of Series A Junior Stock, the holders of the Series A Preferred Stock shall be entitled to be paid, in cash, out of the assets of the Corporation available for distribution to its stockholders, an amount equal to the aggregate Series A Liquidation Preference of all outstanding shares of Series A Preferred Stock plus any accrued and unpaid dividends thereon.

  • For so long as any shares of Series A Preferred Stock are outstanding, the Corporation shall not declare or pay any dividends or make any other distributions on, any shares of Series A Junior Stock (or rights to acquire Series A Junior Stock) now or hereafter outstanding, return any capital or make any distribution to the holders of any capital stock, or permit any Subsidiary to do any of the foregoing.

  • The only issue to be determined in the arbitration shall be whether the proposed recipient of Series A Junior Stock has legitimate business interests which are materially adverse to the holders of Series A Preferred Stock.

  • Employee owns 272,426 shares of Series A Junior Stock and 26,670 shares of Series B Junior Stock.

  • The Corporation may at any time create, authorize or issue, without the consent of any of the holders of the Series A Preferred Stock, other classes or series of Series A Junior Stock (as defined below) or Series A Parity Stock (as defined below).

  • After payment shall have been made in full to the holders of the Preferred Stock as set forth above, or funds necessary for such payment shall have been irrevocably set aside by the Corporation in trust for the account of holders of the Preferred Stock so as to be available for such payment, the remaining assets available for distribution shall be distributed ratably among the holders of the Common Stock and any other class of Series A Junior Stock.

  • Until the holders of the Series A Preferred Stock have been paid the preferential amounts aforesaid in full, no payment will be made to any holder of Series A Junior Stock upon the liquidation, dissolution or winding up of the Corporation.

  • Airglow intensities were evaluated for one whole night in every month, i.e. for 12 nights per year at every point of grid.

  • Unless all accrued dividends on each share of the Series A Preferred Stock shall have been paid, no dividend shall be paid or declared, and no distribution shall be made on any Series A Junior Stock (as defined below) (other than a stock dividend on Common Stock solely in the form of additional shares of Common Stock).


More Definitions of Series A Junior Stock

Series A Junior Stock means the Common Stock, the Series B Preferred Stock and each other class of the Corporation’s capital stock or series of preferred stock established after October 2, 2020, by the Board of Directors, the terms of which do not expressly provide that such class or series ranks senior to or on a parity with the Series A Preferred Stock as to dividend rights or rights upon the liquidation, winding-up or dissolution of the Corporation.
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Series A Junior Stock means and includes the Common Stock and any series of Preferred Stock ranking on liquidation junior to the Series A Preferred Stock.
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Series A Junior Stock means the Common Stock and any other shares of capital stock of the Corporation ranking on liquidation junior to the Series A Preferred Stock.
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Series A Junior Stock shall have the meaning set forth in Article SIXTH, Section (c)(5)c hereto.
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Related to Series A Junior Stock

  • Junior Stock means the Corporation’s common stock and any other class or series of stock of the Corporation hereafter authorized over which Series I Preferred Stock has preference or priority in the payment of dividends or in the distribution of assets on any liquidation, dissolution or winding up of the Corporation.

  • Series A Junior Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests and distributions upon liquidation of the Partnership, ranks junior to the Series A Preferred Units, including Common Units and Non-Voting Common Units, but excluding any Series A Parity Securities and Series A Senior Securities.

  • Senior Stock means any class or series of stock of the Company now existing or hereafter authorized which has preference or priority over the Series AA Preferred Stock as to the payment of dividends or in the distribution of assets on any voluntary or involuntary liquidation, dissolution or winding up of the Company.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Series A Parity Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests or distributions upon liquidation of the Partnership, ranks pari passu with the Series A Preferred Units.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Parity Stock means any class or series of stock of the Corporation (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation (in each case without regard to whether dividends accrue cumulatively or non-cumulatively).

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series A Stock means the Company’s Series A Preferred Stock, par value $0.01 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series B Preferred means the Company’s Series B Preferred Stock, par value $0.001 per share.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of the Company or any Restricted Subsidiary held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any dividend of this kind shall be equal to the quotient of the dividend divided by the difference between one and the maximum statutory consolidated federal, state and local income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of the Preferred Stock.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

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

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Junior Shares means the Common Shares, the Series 1998 Junior Participating Preferred Shares and any other class or series of shares of beneficial interest of the Company now or hereafter issued and outstanding over which the Series E Preferred Shares have preference or priority in the payment of dividends or in the distribution of assets on any liquidation, dissolution or winding up of the Company.

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).