Series C PIK Dividends definition

Series C PIK Dividends means the shares of Series C Preferred Stock paid or payable as dividends on outstanding shares of Series C Preferred Stock.
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Series C PIK Dividends has the meaning set forth in the Company Charter.
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Examples of Series C PIK Dividends in a sentence

  • Series C PIK Dividends shall be paid to the holders of record of Series C Original Preferred Stock at the close of business on the date specified by the Board of Directors of the Corporation or a duly authorized committee thereof at the time such dividend is declared in accordance with the Delaware General Corporation Law (each of such dates being a “Series C PIK Record Date”).

  • No dividends shall be paid on any other series or class of Capital Stock unless the cumulative Series C PIK Dividends have been paid in full.

  • Series C PIK Dividends shall be paid by delivering to the record holders of Series C Original Preferred Stock a number of shares of Series C Preferred Stock equal to the number of shares of Series C Original Preferred Stock held by such holder on the applicable Series C PIK Record Date (as defined below) multiplied by twelve percent (12%).

  • Series C Dividend Preferred Stock shall have in all respects the same terms (including the same rights and benefits) as the shares of Series C Original Preferred Stock except that Series C Dividend Preferred Stock shall not be entitled to receive Series C PIK Dividends.

  • In the case of the Copyright Alert System, rights holders (or their qualified representatives) list assets (in the case of the audio-visual segment, they are full versions of films and television programs – and, for the music segment, they are full versions of albums or music tracks) for monitoring and for notices to be generated and sent to participating ISPs when cases of infringement of the associated copyright are detected within Peer-to-Peer networks and verified.

  • Virginia DEQ’s Brownfield program can also assist with transforming otherwise unusable land for renewable energy development17.

  • The Corporation shall have no obligation to pay any Series C PIK Dividends, except when, as and if declared by the Board of Directors out of any assets at the time legally available therefor or as otherwise specifically provided in this Amended and Restated Certificate of Incorporation (such as for a Sale Event which is deemed to trigger the provisions of Section 3 below).

  • Series C Cash Dividends and Series C PIK Dividends not previously paid on the Series C Preferred Stock shall be due and payable as to any shares of Series C Preferred Stock that are converted on the date of such conversion.

Related to Series C PIK Dividends

  • 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.

  • Preferred Dividends means, for any period and without duplication, all Restricted Payments paid during such period on Preferred Equity Interests issued by the Parent or a Subsidiary. Preferred Dividends shall not include dividends or distributions (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) payable to holders of such class of Equity Interests, (b) paid or payable to the Parent or a Subsidiary, or (c) constituting or resulting in the redemption of Preferred Equity Interests, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full.

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

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

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

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 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 Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$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.

  • Series C Preferred Units shall have the meaning provided in Section 1.

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

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

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

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

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

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

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

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

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

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

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

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