SpinCo Preferred Stock definition

SpinCo Preferred Stock means the Class A preferred stock of SpinCo with an initial aggregate liquidation preference of $2,000,000 to be issued to DevCo in accordance with the Plan of Restructuring and sold thereafter by DevCo to unrelated third parties pursuant to the Preferred Stock Sale.
SpinCo Preferred Stock means the Series A Non-Voting Convertible Preferred Stock, par value $0.01 per share, of Spinco, having the rights, powers, privileges and other terms set forth in the Certificate of Incorporation of Spinco (which, pursuant to Section 2.3(a) hereof, shall be in substantially the same form as the provisions set forth on Exhibit B attached hereto (with such changes thereto as Parent and the Company may approve prior to the Offer Purchase Date)).

Examples of SpinCo Preferred Stock in a sentence

  • Each Intercompany Account representing Indebtedness (for the avoidance of doubt, excluding the Specified Promissory Note, the Specified PM TRS Preferred Stock and the SpinCo Preferred Stock) outstanding immediately prior to the Effective Time, will be satisfied and/or settled in full in cash or otherwise cancelled and terminated or extinguished by the relevant members of the DevCo Group and the SpinCo Group prior to the Effective Time, in each case, in the manner agreed to by the Parties.


More Definitions of SpinCo Preferred Stock

SpinCo Preferred Stock has the meaning set forth in the Separation Agreement.” c. by amending the defined termShareholders Agreement” to replace the wordsExhibit B” with the words “Exhibit A.”
SpinCo Preferred Stock has the meaning set forth in the Separation Agreement.”
SpinCo Preferred Stock shall have the meaning set forth in the Distribution Agreement.
SpinCo Preferred Stock means the Preferred Stock, par value $.01 per share, of Spinco.
SpinCo Preferred Stock shall have the same meaning as that specified for “QCP Preferred Stock” in the Separation and Distribution Agreement.
SpinCo Preferred Stock means the Preferred Stock of Spinco.
SpinCo Preferred Stock means the SpinCo Class A Preferred Stock, the SpinCo Class B Preferred Stock and the SpinCo Class C Preferred Stock. “SpinCo Tax Attribute” means any Tax Attribute allocated, or otherwise made available, to a member of the SpinCo Group pursuant to Section 6. “SpinCo Separate Tax Return” shall mean any Tax Return that is required to be filed by, or with respect to, any member of the SpinCo Group that