Sponsor Preferred Stock definition

Sponsor Preferred Stock means the shares of the Borrower’s preferred stock issued pursuant to the terms of the Purchase Agreement.

Sponsor Preferred Stock means shares of Series A Preferred Stock of Allied Waste issued and sold to the Sponsors on the Effective Date and any shares of the same class of such Preferred Stock issued in payment of dividends on outstanding shares of such class of Preferred Stock.

Sponsor Preferred Stock means the Borrower’s 9% cumulative compounding preferred stock issued to the Sponsor, members of management of Holdings, the Borrower or any Subsidiary, and any other Person making a direct or indirect equity investment in the Company contemporaneous with the consummation of the Acquisition.

Examples of Sponsor Preferred Stock in a sentence

• For the further avoidance of doubt, none of the Secured Parties (in their capacities as such) are, or shall be, third party beneficiaries (intended or otherwise) of the Incremental Liquidity Facility Credit Agreement, the Sponsor Preferred Stock Subscription Agreement and/or any documentation in respect of any Sponsor Subordinated Debt.

• Neither Borrower nor Parent will agree to any material amendment to, or waive any of its material rights under any Sponsor Preferred Stock Document after the Restatement Date, in any such case, if such amendment or waiver would reasonably be expected to be materially adverse to the interests of Borrower, Parent or Lenders, without in each case obtaining the prior written consent of Administrative Agent or Requisite Lenders to such amendment or waiver.

• Except as provided in this Section, neither the Company nor any of its Subsidiaries shall make any payments on the Sponsor Preferred Stock.

• Library and Information Services and Information Technology Division will provide tools for data classification, data management plans, etc.

• Neither Parent nor Borrower nor any of its Subsidiaries will agree to any material amendment to, or waive any of its material rights under, any Related Agreement after the Closing Date (other than amendments to the Parent Certificate of Incorporation as contemplated by the Sponsor Preferred Stock Documents) without in each case obtaining the prior written consent of Requisite Lenders to such amendment or waiver.

More Definitions of Sponsor Preferred Stock

Sponsor Preferred Stock means the shares of the Company’s preferred stock issued pursuant to the terms of the Acquisition Agreement, among Texas Genco LLC, the Company, and the direct and indirect owners of Texas Genco LLC party thereto, dated as of September 30, 2005.

Sponsor Preferred Stock means all preferred Equity Interests of Holdings held by the Sponsor and any Sponsor Affiliate as of the Closing Date, together with any accumulation, accretion or other increase in the amount thereof pursuant to the terms thereof or the charter of Holdings.

Sponsor Preferred Stock means, collectively, the Series B Preferred Stock and the Series C Preferred Stock. “Stated Closing Date Term Loan Maturity Date” means January 24, 2012. “Stated Incremental Term Loan Maturity Date” the date that is agreed to for such Term Loan by the Agents and the Borrower at the time the

Sponsor Preferred Stock means the aggregate of 7,500 shares of senior preferred stock issued on May 19, 2005 by the Company to certain shareholders of NACG Holdings Inc., plus any shares of the Sponsor Preferred Stock paid as a dividend, on Sponsor Preferred Stock.

Sponsor Preferred Stock means, collectively, the Series B Preferred Stock and the Series C Preferred Stock. "STATED CLOSING DATE TERM LOAN MATURITY DATE" means January 24, 2012. "STATED INCREMENTAL TERM LOAN MATURITY DATE" the date that is agreed to for such Term Loan by the Agents and the Borrower at the time the applicable Facilities Increase becomes effective.

Sponsor Preferred Stock means, collectively, the Series B Preferred Stock and the Series C Preferred Stock.

Sponsor Preferred Stock means the shares of the Company’s (or, following the Holdings Reorganization, the Borrower’s) preferred stock issued pursuant to the terms of the Purchase Agreement (as defined in the Opco Credit Agreement on the date hereof).