Subsidiary Preferred Stock definition

Subsidiary Preferred Stock means any preferred stock issued by a Restricted Subsidiary of the Company.
Subsidiary Preferred Stock means any of the 1,000 shares of the Series B Convertible Preferred Stock of Subsidiary issued by Subsidiary to Sovereign Partners, LP, pursuant to that certain Securities Purchase Agreement dated April 4, 2007 by and among Subsidiary, Parent, and Sovereign Partners, LP.
Subsidiary Preferred Stock means each series of preferred stock listed in section 3.03 of the Company Disclosure Letter.

Examples of Subsidiary Preferred Stock in a sentence

  • The Company shall not permit any of its Restricted Subsidiaries to issue any Preferred Stock (other than to the Company or to a Restricted Subsidiary of the Company) or permit any Person (other than the Company or a Restricted Subsidiary of the Company) to own any Preferred Stock of any Restricted Subsidiary of the Company, other than Permitted Subsidiary Preferred Stock.

  • The Borrower will not permit any of its Restricted Subsidiaries to issue any Preferred Stock (other than to the Borrower or to a Restricted Subsidiary of the Borrower) or permit any Person (other than the Borrower or a Restricted Subsidiary of the Borrower) to own any Preferred Stock of any Restricted Subsidiary of the Borrower, other than Permitted Subsidiary Preferred Stock.

  • On or after June 15, 1999, at the option of Advantix upon 15 days prior written notice to RBB, the New Subsidiary Preferred Stock to be received by RBB in exchange for the Preferred Shares shall be redeemable for the Cash Consideration or the Stock Consideration.

  • No fractional shares of New Common Stock, New Senior Notes, New Warrants, or New Subsidiary Preferred Stock shall be distributed.

  • All Distributions of New Common Stock, New Senior Notes, and New Subsidiary Preferred Stock issued to the Holders of Existing Lender Claims shall be distributed Pro Rata to the Holders of such Claims.


More Definitions of Subsidiary Preferred Stock

Subsidiary Preferred Stock has the meaning given to such term in the definition of "Indebtedness."
Subsidiary Preferred Stock means any Preferred Stock issued by a Restricted Subsidiary (excluding (1) any OP Units that are not Disqualified Stock and (2) the Preferred Stock of Starwood REIT after consummation of the Reorganization).
Subsidiary Preferred Stock means Capital Stock of a Subsidiary of any class or classes (however designated) that ranks prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Subsidiary, to shares of Capital Stock of any other class of such Subsidiary. 19 19
Subsidiary Preferred Stock means 45,000 shares of 8% Series A -------------------------- Cumulative Senior Preferred Stock, par value $1.00 per share, of LINC Quantum Analytics, Inc., a Delaware corporation.
Subsidiary Preferred Stock means any class of capital stock of any Subsidiary which is preferred over any other class of capital stock of the Subsidiary as to the payment of dividends and/or the payment of any amount upon liquidation or dissolution of such corporation. Surviving Corporation -- Section 7.12(a)(i) hereof.
Subsidiary Preferred Stock means capital stock of any subsidiary of the Company, which shall be preferred over the common stock of such subsidiary as to assets upon liquidation and shall be entitled to limited dividends in preference to the common stock of such subsidiary. For the purpose of determining the amount of subsidiary preferred stock being issued or sold or outstanding, the subsidiary preferred stock shall be taken at the greater of its par value (if any) or liquidating value upon involuntary liquidation, exclusive of accrued dividends; provided that in the case of subsidiary preferred stock outstanding at any time, the amount thereof shall include any preferred dividends then in arrears.
Subsidiary Preferred Stock means all shares of preferred stock of the Subsidiary, par value $0.001 per share.