Series B Redeemable Preferred Stock definition

Series B Redeemable Preferred Stock means “Series B Preferred Stock” as defined in the Series B Redeemable Preferred Stock Purchase Agreement.
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Series B Redeemable Preferred Stock means the series B redeemable preferred stock, par value $0.01 per share, of the Company.
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Series B Redeemable Preferred Stock means “Series B Preferred Stock” as defined in the Stock Purchase Agreement.
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Examples of Series B Redeemable Preferred Stock in a sentence

  • If the Series B Redeemable Preferred Stock is still outstanding as of October 2030 or if the Company experiences a liquidation event as defined in VTBH's Certification of Incorporation, the Company will be required to redeem the shares for an aggregate of $51.9 million, which is comprised of the aggregate purchase price of $12.4 million plus cumulative preferred dividends of 8.0% per annum, or $39.5 million in the aggregate.

  • In September 2010, VTBH issued shares of its Series B Redeemable Preferred Stock.

  • The Pledged Shares secure the obligation of the Company to effect the Stockholder Approval under the Stock Purchase Agreement, the Investor Rights Agreement and the Certificate of Designation for the Series B Redeemable Preferred Stock.

  • There is hereby created and established, out of the authorized and unissued Preferred Stock (as hereinafter defined) of the Company, a series of Preferred Stock designated as "Series B Redeemable Preferred Stock" (the "Series B Preferred Stock").

  • Briefly stated, Appellant No.1 is an unaided private medical college established by the Appellant No.3 - University Trust as a constituent of the Appellant No.2 - University.

  • Please provide an electronic list of all addresses in which a replacement is scheduled so that the Vendor can map the required area in order to properly plan and assess associated costs.

  • As a result, the liquidation preference of the Company's outstanding Series B Redeemable Preferred Stock has been reduced to approximately $25 million.

  • On Date 3 (shortly before the date on which the Preferred A was to be mandatorily redeemed for $E under its original terms), all of the Preferred A was redeemed (the “Preferred Stock Exchange”) in exchange for—(i) H shares of Series B Redeemable Preferred Stock (the “Preferred B”), (ii) warrants to purchase up to J shares of Common Stock at $K per share (“Warrants”), and a cash payment of $L.

  • BRG is also an outlier with its excessive and prolonged issuance of the Series B Redeemable Preferred Stock (“Series B Preferred”) structure.

  • Preferences and Rights of Series B Redeemable Preferred Stock of priceline.com Incorporated.


More Definitions of Series B Redeemable Preferred Stock

Series B Redeemable Preferred Stock shall have the meaning ascribed to it in Section 1(a) hereof.
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Series B Redeemable Preferred Stock means the Series B Redeemable Preferred Stock, par value S.01 per share, of Borrower, authorized under the Restated Articles of Incorporation of Borrower and in effect on the date hereof, issued by Borrower with an aggregate liquidation preference (excluding dividends) of $9,500,000.
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Series B Redeemable Preferred Stock has the meaning set forth in Section 2.3(a) of this Agreement.
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Series B Redeemable Preferred Stock shall have the meaning set forth in the ValueVision Certificate of Designation.
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Related to Series B Redeemable Preferred Stock

  • Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

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

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Mandatorily Redeemable Stock means, with respect to any Person, any Equity Interest of such Person which by the terms of such Equity Interest (or by the terms of any security into which it is convertible or for which it is exchangeable or exercisable), upon the happening of any event or otherwise, (a) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise (other than an Equity Interest to the extent redeemable in exchange for common stock or other equivalent common Equity Interests at the option of the issuer of such Equity Interest), (b) is convertible into or exchangeable or exercisable for Indebtedness or Mandatorily Redeemable Stock, or (c) is redeemable at the option of the holder thereof, in whole or part (other than an Equity Interest which is redeemable solely in exchange for common stock or other equivalent common Equity Interests), in the case of each of clauses (a) through (c), on or prior to the Maturity Date.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Series E Preferred Stock means the Series E Preferred Stock, par value $0.001, of the Company.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

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

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

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 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 $0.001 per share.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Redeemable Stock means, with respect to any Person, any Capital Stock which by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable) or upon the happening of any event (i) matures or is mandatorily redeemable pursuant to a sinking fund obligation or otherwise, (ii) is convertible or exchangeable for Indebtedness (other than Preferred Stock) or Disqualified Stock or (iii) is redeemable at the option of the holder thereof, in whole or in part.

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

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

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.00001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.

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

  • 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.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

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

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.