Zenith Preferred Stock definition

Zenith Preferred Stock means the $20,000,000 aggregate liquidation preference amount of non-voting preferred stock issued by Fund American Enterprises to Zenith Insurance Company pursuant to the Certificate of Designation of Series A Preferred Stock of TACK Holding Corp. (n/k/a Fund American Enterprises), as amended, supplemented or otherwise modified from time to time.
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Zenith Preferred Stock means the $20 million liquidation preference of preferred stock of the Company owned by Zenith.
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Examples of Zenith Preferred Stock in a sentence

  • Zenith Preferred Stock dividends of $.8 MILLION recorded for the year ended December 31, 2001 represent regular dividends on the Zenith Preferred Stock.

  • The Trust shall continue in effect until the Zenith Preferred Stock is redeemed in full and the Company has no further obligations with respect to such stock subject, however, to the provisions of this Agreement relating to amendment or termination.

  • The Company shall deliver to the Trustee a schedule (the “Payment Schedule”) that indicates the amounts payable by the Company in respect of the Zenith Preferred Stock and the dates for payments of such amounts.

  • Zenith Preferred Stock dividends of $.8 MILLION and $2.0 MILLION, recorded for the periods ended September 30, 2001 and December 31, 2000, respectively, represent regular dividends on the Zenith Preferred Stock.

  • The Trustee shall have no responsibility to ascertain whether the Payment Schedule complies with the terms of the Zenith Preferred Stock or of any applicable law.

  • As provided in Section 2.04, Zenith will not have any preferential claim to or beneficial ownership interest in any asset or investment of the Trust, and the rights of Zenith under the Trust are solely those rights afforded to Zenith with respect to the assets of the Company as the holder of the Zenith Preferred Stock.

  • Zenith Preferred Stock dividends of $0.8 million and $2.0 million, recorded for the periods ended June 30, 2001 and December 31, 2000, respectively, represent regular dividends on the Zenith Preferred Stock.

  • The Trustee is not subject to the terms of the Zenith Preferred Stock and, in the event of any conflict between the terms of the Zenith Preferred Stock and the provisions of this Agreement, the provisions of this Agreement shall control.

  • Zenith Preferred Stock dividends of $.5 MILLION and $2.0 MILLION, recorded for the periods ended March 31, 2001 and December 31, 2000, respectively, represent regular dividends on the Zenith Preferred Stock.

  • Zenith Preferred Stock dividends of $0.8 million recorded for the year ended December 31, 2001 represent regular dividends on the Zenith Preferred Stock.

Related to Zenith Preferred Stock

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

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

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

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

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

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

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

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

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • UST Preferred Stock means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series [●].

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

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

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

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

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.