Specified Preferred Stock means (a) the Series C Preferred Stock, (b) the Series D Preferred Stock, (c) the Series E Preferred Stock, and (d) the Series F Preferred Stock.
Specified Preferred Stock means any shares of Preferred Stock purchased by the Strategic Investor (or one of its designated Affiliates) pursuant to Section 9.3(a)(ii), Section 9.3(b)(i) or Section 9.3(b)(ii) of the Collaboration Agreement.
Specified Preferred Stock means preferred stock of any entity which includes mandatory redemption provisions without regard to the date of any such final redemption whether or not such preferred stock shall be classified as indebtedness in accordance with Frozen GAAP.
Examples of Specified Preferred Stock in a sentence
None of the Borrowers will permit the redemption or call of the Specified Preferred Stock for cash at any time prior to the Revolving Credit Expiration Date.
The Company shall have consummated the issuance of one or more shares of Specified Preferred Stock.
Grants are subject to audit to determine compliance with their requirements.
The Borrower will not, nor will it permit any of its Subsidiaries to enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially adverse to the Administrative Agent or any Lender; provided that nothing in this Section 6.13 shall prohibit any modification of the organizational documents of the Borrower in connection with the issuance or conversion of the Specified Preferred Stock.
The Agent and the Lenders shall have received and approved the terms of the Specified Preferred Stock and each and every agreement related thereto.
More Definitions of Specified Preferred Stock
Specified Preferred Stock means any preferred stock of the Company that does not contain features permitting (i) any conversion or exchange of such preferred stock to common stock or other Equity Securities of the Company (other than any other Specified Preferred Stock), (ii) any right to participate with the Company’s common stock or other Equity Securities (other than any other Specified Preferred Stock), (iii) any variable dividends or distributions based on the Company’s performance or (iv) any discretionary distributions or discretionary dividends; provided that such preferred stock may have liquidation preferences (to the extent such liquidation preferences are not based on the Company’s performance).
Specified Preferred Stock any preferred stock of the Borrower (as designated in the Borrower's charter documents in effect on the date hereof) issued to common stockholders from time to time (i) compliance with the terms of which would not violate or be inconsistent with any of the provisions of this Agreement and (ii) which does not have any mandatory payment, dividend, redemption or similar covenants.
Specified Preferred Stock. Capital Stock issued by the Borrower constituting preferred stock that (i) has no terms requiring retirement, repayment, repurchase, redemption, distribution or sinking fund payment (including any requirement that the issuer thereof offer to take any of the foregoing actions) prior to the date that is one year after the Revolving Credit Termination Date and (ii) has terms material to the interests of the Lenders, including, without limitation, the amount and terms of any dividends payable thereon and any material voting or director designation rights, that are satisfactory to the Required Lenders, provided that the aggregate liquidation preference amount of all such Specified Preference Stock does not exceed, when added to the aggregate amount of Subordinated Indebtedness outstanding at such time, $25,000,000 at any time.
Specified Preferred Stock means the Series A-1 Cumulative Convertible Preferred Stock issued by TRC pursuant to a certificate of rights and preferences with respect thereto dated as of December 18, 2001 filed with the Secretary of State of the State of Delaware, as well as subsequent series of preferred stock issued pursuant to the exercise of "Xxxxxxxx Rights" as defined in the stock purchase agreement in respect of such Series A-1 Preferred Stock.
Specified Preferred Stock means the depositary shares, each representing a 1/1000th ownership interest in a share of the Company's 11.5% Series A Cumulative Preferred Stock, par value $0.01 per share, with a liquidation preference of $25,000 per share (or $25 per depositary share), up to an aggregate amount of gross proceeds from the sale thereof equal to $25,000,000, on the terms and conditions set forth in the Specified Preferred Stock Preliminary Prospectus."
Specified Preferred Stock means (a) the Series C Preferred Stock, (b) the Series D Preferred Stock, (c) the Series E Preferred Stock, (d) the Series F Preferred Stock, (e) any Equity Interests issued in connection with a conversion of the Second Lien Facility and (f) any Equity Interests of the Borrower that (i) are perpetual preferred stock, (ii) are not Disqualified Capital Stock, (iii) do not require the scheduled payments of dividends in cash or Cash Equivalents prior to the Maturity Date (it being understood, for the avoidance of doubt, that dividends in the form of additional Specified Preferred Stock or accrual to the stated value or liquidation preference thereof are permitted) and (iv) are not and do not become convertible into or exchangeable for Indebtedness or any other Equity Interests that would (A) constitute Disqualified Capital Stock or (B) provide for the required scheduled payments of dividends in cash or Cash Equivalents prior to the Maturity Date.
Specified Preferred Stock means Capital Stock of the Borrower that (a) is perpetual preferred stock, (b) is not Disqualified Stock, (c) does not require the scheduled payments of dividends in cash, cash equivalents or Permitted Investments prior to April 26, 2021 (it being understood, for the avoidance of doubt, that dividends in the form of additional Specified Preferred Stock or accrual to the stated value or liquidation preference thereof are permitted) and (d) is not and does not become convertible into or exchangeable for Indebtedness or any other Capital Stock that would (i) constitute Disqualified Stock or (ii) provide for the required scheduled payments of dividends in cash, cash equivalents or Permitted Investments prior to April 26, 2021.