Treasury Preferred definition

Treasury Preferred means the Class D-1 Preferred Membership Interests and Class D-2
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Treasury Preferred means any preferred stock of the Issuer issued to the U.S. Department of the Treasury pursuant to the voluntary Capital Purchase Program announced by the U.S. Department of the Treasury on October 14, 2008, or any successor or similar program.
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Treasury Preferred means the Class D-1 Preferred Membership Interests and Class D-2 Preferred Membership Interests. Where appropriate, the provisions of this Agreement shall apply separately to the Class D-1 Preferred Membership Interests and Class D-2 Preferred Membership Interests.
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Examples of Treasury Preferred in a sentence

  • Except as set forth in Section 2.8(a)(ii), (iii) or (iv), no Member (other than, (i) after December 29, 2009, with respect to a Transfer of the Treasury Preferred, the Treasury and (ii) at any time, with respect to a Transfer of the Class F Preferred, the Treasury) shall take any action that would reasonably be expected to cause a Company Conversion or any other reclassification of the Company into a C corporation for U.S. federal income tax purposes.

  • Notwithstanding anything to the contrary herein, nothing in this Section 12.7 shall create any liability, right, obligation or restriction upon any Treasury Preferred Holder or Class E Preferred Holder.

  • The initial Capital Account balance of each of FIM, GM Holdco, GM Preferred Holdco, the Class E Preferred Holder, the Class F Preferred Holder and the Treasury Preferred Holder (as of December 31, 2008) shall be reflected in the Company books and records.

  • Each Member (other than the Treasury Preferred Holder and the Class E Preferred Holder) shall take all necessary or desirable actions in connection with the distribution or allocation among the Members of the aggregate consideration from such sale or exchange as requested by the Company.

  • The other Members (other than the Treasury Preferred Holder and the Class E Preferred Holder) shall have no consent, voting or appraisal rights with respect to such a Company Sale and shall have no right to object to the proposed transaction.

  • Notwithstanding anything to the contrary herein, nothing in this Section 12.2 shall create any liability, right, obligation or restriction upon any Treasury Preferred Holder or Class E Preferred Holder.

  • Master Trust, solely with respect to the assets of Treasury Master Fund, will indemnify and hold harmless each of UBS (Cay) Select Treasury Preferred Fund Ltd.

  • The Members (other than the Treasury Preferred Holder and the Class E Preferred Holder) and the Company shall take all actions reasonably necessary or desirable to cause the consummation of such Company Sale on the terms proposed by the Joint Majority Holders.

  • The last thing the GSEs want is for the MIs to go bust, forcing them to DOUBLE their reported losses and take another $100b in Treasury Preferred with a 10% coupon.

  • The initial Capital Account balance of each of FIM, GM Holdco, GM Preferred Holdco, the Class E Preferred Holder and the Treasury Preferred Holder (as of the Effective Date) shall be reflected in the Company books and records.

Related to Treasury Preferred

  • Equivalent Preferred Shares shall have the meaning set forth in Section 11(b) hereof.

  • Equivalent Preferred Stock shall have the meaning set forth in Section 11(b) hereof.

  • Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • Preference Stock means any and all series of preference stock, having no par value, of the Corporation.

  • Designated Preferred Stock means Preferred Stock of the Company or any direct or indirect parent of the Company, as applicable (other than Disqualified Stock), that is issued for cash (other than to the Company or any of its Subsidiaries or an employee stock ownership plan or trust established by the Company or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officers’ Certificate, on the issuance date thereof.

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Liquidation Preference means, with respect to any Series, the amount specified as the liquidation preference per share for that Series in the Appendix for such Series.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by Parent (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

  • Redemption Value means, in respect of a Unit, the price per Unit at which such Unit is redeemed, calculated in accordance with the Trust Deed.