Series B Senior Securities definition

Series B Senior Securities means any class or series of Partnership Interests established after the Series B Original Issue Date by the General Partner, the terms of which class or series expressly provide that it ranks senior to the Series B Preferred Units as to distributions and amounts payable upon a dissolution or liquidation pursuant to Article XII.
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Series B Senior 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 senior to the Series B Preferred Units.
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Series B Senior Securities has the meaning set forth in Section 6.03(c) hereof.
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Examples of Series B Senior Securities in a sentence

  • To the extent that any action required to be taken by the Corporation under this Certificate of Designation shall be prohibited or restricted by the terms of Series A Senior Securities, Series B Senior Securities, Series C Senior Securities or any contract or instrument to which the Corporation is a party in respect of the incurrence of indebtedness, such Corporation's actions shall be delayed until such time as such prohibition or restriction is no longer in force.

  • To the extent that any action required to be taken by the Corporation under this Certificate of Designation shall be prohibited or restricted by the terms of any Series B Senior Securities or any contract or instrument to which the Corporation is a party or by which it is bound in respect of the incurrence of indebtedness, such Corporation's actions shall be delayed until such time as such prohibition or restriction is no longer in force.

  • The Series A Senior Securities may be exchanged for Series B Senior Securities pursuant to the terms of the Exchange Offer.

  • If such payment shall have been made in full to the Series B Holders, and if payment shall have been made in full to the holders of any Series B Senior Securities and Series B Parity Securities of all amounts to which such holders shall be entitled, the remaining assets and funds of the Corporation shall be distributed among the holders of Series B Junior Securities, according to their respective shares and priorities.

  • The Exchange Securities shall be known and designated as the "7% Series B Senior Securities due 2013" of the Company.

  • The Series A Senior Securities may be exchanged for Series B Senior Securities pursuant to the terms of the Exchange Offer in accordance with the procedures set out under Section 2.5 hereof.

  • The Series B Senior Securities shall not bear the legends required by subsection (a) above unless the Holder of such Series A Senior Securities is either (i) a broker-dealer who purchased such Series A Senior Securities directly from the Company to resell pursuant to Rule 144A or any other available exemption under the Securities Act, (ii) a Person participating in the distribution of the Series A Senior Securities or (iii) a Person who is an affiliate (as defined in Rule 144A) of the Company.

  • The Company (and the Restricted Subsidiaries) shall issue and upon written notice from the Company, the Trustee shall authenticate Series B Senior Securities in exchange for Series A Senior Securities accepted for exchange in the Exchange Offer.

  • The Trustee shall deliver such Definitive Securities for Series B Senior Securities to the Holders thereof as indicated in such Officers' Certificate.

  • If the principal amount of the Global Security for the Series B Senior Securities is less than the principal amount of the Global Security for the Series A Senior Securities, the Trustee shall make an endorsement on such Global Security for Series A Senior Securities indicating a reduction in the principal amount represented thereby.


More Definitions of Series B Senior Securities

Series B Senior Securities has the meaning given to such term in paragraph B(2).
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Series B Senior Securities has the meaning set forth in Section 5.02(b) hereof.
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Series B Senior Securities means any class or series of Partnership Interests established after the Series B Original Issue Date that is expressly made senior to the Series B Preferred Units as to the payment of distributions set forth in Section 5.15(b)(i) and amounts payable on a liquidation event in accordance with Section 12.4. For the avoidance of doubt, the term “Series B Senior Securities” does not include the Series A Preferred Units, Common Units, the General Partner Interest or the Special Limited Partner Interest.
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Series B Senior Securities means the Series A Preferred Stock and each other class of capital stock or other class or series of Preferred Stock issued by the Corporation that by its terms is senior to the Series B Preferred Stock with respect to dividend distributions or distributions upon the liquidation, winding up or dissolution of the Corporation.
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Series B Senior Securities means any class or series of Partnership Interests established after the date hereof by the General Partner, the terms of which class or series expressly provide that it ranks senior to the Series B Preferred Units as to distributions and amounts payable upon a dissolution or liquidation pursuant to A rticle XII.
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Series B Senior Securities means the Series A Preferred Stock and each other class of capital stock or other class or series of Preferred Stock issued by the Corporation that by its terms is
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Related to Series B Senior Securities

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Junior Securities means the Common Stock and all other Common Stock Equivalents of the Corporation other than those securities which are explicitly senior or pari passu to the Preferred Stock in dividend rights or liquidation preference.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

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

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

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

  • Parity Securities has the meaning specified therefor in Section 2.02(b) of this Agreement.

  • 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 Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.