Series B Senior Preferred Stock definition

Series B Senior Preferred Stock means the 11 3/4% Series B Cumulative Redeemable Exchangeable Preferred Stock of Parent.

Series B Senior Preferred Stock. Holdings' new issue of 13% Senior Exchangeable Preferred Stock due 2009 which is to be issued in the Exchange Offer and which is to substantially identical to the Series A Senior Preferred Stock.

Series B Senior Preferred Stock means the Series B senior preferred stock, par value $.001 per share, of the Company.

Examples of Series B Senior Preferred Stock in a sentence

• Fees and distribution receivables are recognised initially at the amount of consideration that is unconditional unless they contain significant financing components, when they are recognised at fair value.

• The duly appointed transfer agent (the “Transfer Agent”) and registrar (the “Registrar”) for the Series B Senior Preferred Stock shall be Computershare Limited.

• The Series B Senior Preferred Stock will not be convertible into or exchangeable for any other securities of the Corporation.

• The Series B Senior Preferred Stock shall not have any voting powers, either general or special, except as required by applicable law and as stated herein.

• Unlegended Series B Senior Preferred Stock may be issued in exchange for Series A Senior Preferred Stock pursuant to a Preferred Stock Exchange Offer.

• No sinking fund shall be provided for the purchase or redemption of shares of the Series B Senior Preferred Stock.

• To help preserve certain tax attributes for the benefit of the Corporation and its stockholders, certain restrictions on the transfer or other disposition of Series B Senior Preferred Stock are hereby established as more fully set forth in this Section 11.

• The Series B Senior Preferred Stock shall be deemed to accrue dividends only for purposes of calculation of each of the Redemptions Price (as defined below) and the Liquidation Amount (as defined below) and no dividends shall otherwise be payable in respect thereof.

• The designations for the two ---------------------- series of Preferred Stock authorized by this Resolution shall be the 13 1/4% Series A Senior Exchangeable Preferred Stock, par value $0.01 per share (the "Series A Senior Preferred Stock") and the 13 1/4% Series B Senior Exchangeable Preferred Stock, par value $0.01 per share (the "Series B Senior Preferred Stock" and together with the Series A Senior Preferred Stock, the "Senior Exchangeable Preferred Stock").

• Besides the steady population increase in the country, deteriorated environment in the upstream areas of the major rivers has been reported to exaggerate the flood scale.

More Definitions of Series B Senior Preferred Stock

Series B Senior Preferred Stock means the 8% Series B Convertible Redeemable Preferred Stock, par value $0.01 per share, of Parent.

Series B Senior Preferred Stock shall have the meaning set forth in the Recitals.

Series B Senior Preferred Stock means the Series B Senior Cumulative Convertible Preferred Stock.