SpinCo Class B Preferred Stock definition

SpinCo Class B Preferred Stock shall have the meaning ascribed to it in the Separation Agreement.
SpinCo Class B Preferred Stock has the meaning set forth in the Separation Agreement.” e. by adding the following as new defined term between the definition ofSpinCo Disclosure Schedule” and the definition of “SpinCo Transfer”:

Examples of SpinCo Class B Preferred Stock in a sentence

  • Size In the case of (i) SpinCo Class A Preferred Stock - $15 million and (ii) SpinCo Class B Preferred Stock - $10 million.

  • Priority The SpinCo Class C Preferred Stock will rank pari passu with the SpinCo Class A Preferred Stock and SpinCo Class B Preferred Stock and senior to the SpinCo Common Stock and to all other classes or series of equity securities of SpinCo with respect to all rights upon a liquidation, dissolution or winding up (a “Liquidation”).

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