Mandatorily Redeemable Preferred Stock definition

Mandatorily Redeemable Preferred Stock means the Company's Series H Redeemable Exchangeable Preferred Stock, Series M Redeemable Exchangeable Preferred Stock and any other series of Capital Stock of the Company that is Disqualified Stock outstanding at the time of issuance of the applicable series of Securities and any series of Preferred Stock of the Company issued in exchange for, or the proceeds of which are used to repurchase, redeem, defease or otherwise acquire, all or any portion of the Series H Redeemable Exchangeable Preferred Stock, Series M Redeemable Exchangeable Preferred Stock or any other Mandatorily Redeemable Preferred Stock.

Mandatorily Redeemable Preferred Stock means the Company’s Series H Redeemable Exchangeable Preferred Stock, Series M Redeemable Exchangeable Preferred Stock and any series of preferred stock of the Company issued in exchange for, or the proceeds of which are used to repurchase, redeem, defease or otherwise acquire, all or any portion of the Series H Redeemable Exchangeable Preferred Stock, Series M Redeemable Exchangeable Preferred Stock or any other Mandatorily Redeemable Preferred Stock.

Mandatorily Redeemable Preferred Stock means the CSC Holdings' Series A Exchangeable Participating Preferred Stock, Series H Redeemable Exchangeable Preferred Stock, Series M Redeemable Exchangeable Preferred Stock and any series of preferred stock of CSC Holdings issued in exchange for, or the proceeds of which are used to repurchase, redeem, defease or otherwise acquire, all or any portion of the Series A Exchangeable Participating Preferred Stock, the Series H Redeemable Exchangeable Preferred Stock, Series M Redeemable Exchangeable Preferred Stock or any other Mandatorily Redeemable Preferred Stock.

Examples of Mandatorily Redeemable Preferred Stock in a sentence

• Each of the 9.9% Non-Voting Mandatorily Redeemable Preferred Stock, Series A ("9.9% Series A Preferred"), and 9.9% Non-Voting Mandatorily Redeemable Preferred Stock, Series B ("9.9% Series B Preferred"), is a Junior Security.

• No consent or vote of the holders of the shares of Mandatorily Redeemable Preferred Stock shall be necessary before the Company or the Board may authorize, create or issue any class or series of Senior Stock.

• Any shares of Mandatorily Redeemable Preferred Stock redeemed or otherwise acquired by the Company shall be retired and shall resume the status of authorized and unissued shares of Preferred Stock, without designation as to series, until such shares are once more designated as part of a particular series of Preferred Stock by the Board of Directors.

• Dividends on the outstanding shares of Mandatorily Redeemable Preferred Stock will accrue on a daily basis (without interest or compounding) whether or not there are funds legally available for the payment of such dividends and whether or not such dividends are declared.

• Each share of Mandatorily Redeemable Preferred Stock shall have a stated value of $1,000 (the "Stated Value").

More Definitions of Mandatorily Redeemable Preferred Stock

Mandatorily Redeemable Preferred Stock means the Company’s Series H Redeemable Exchangeable Preferred Stock, Series M Redeemable Exchangeable Preferred Stock and any other series of Capital Stock of the Company that is Disqualified Stock outstanding at the time of issuance of the applicable series of Securities and any series of Preferred Stock of the Company issued in exchange for, or the proceeds of which are used to repurchase, redeem, defease or otherwise acquire, all or any portion of the Series H Redeemable Exchangeable Preferred Stock, Series M Redeemable Exchangeable Preferred Stock or any other Mandatorily Redeemable Preferred Stock.

Mandatorily Redeemable Preferred Stock means a class of Preferred Stock that matures or is mandatorily redeemable by the issuer on a specified date or dates or upon the occurrence of specified events that are certain to occur. It does not include Preferred Stock of a Person solely because such Person has an obligation to repurchase such Preferred Stock from one or more holders at the holder’s option. It is acknowledged that none of the partnership interests in the Company, as of the date hereof, constitute Mandatorily Redeemable Preferred Stock.

Mandatorily Redeemable Preferred Stock means the ___% Mandatorily Redeemable Preferred Stock, par value $1.00 per share, of the Company issued on the date hereof.

Mandatorily Redeemable Preferred Stock means the mandatorily redeemable preferred stock of the Borrower issued or to be issued by the Borrower to the Lender on or about the date of this Letter-Loan Agreement in an amount approximately equal to US$18,600,000.

Mandatorily Redeemable Preferred Stock shall have the meaning given to it in Section VII.C.

Mandatorily Redeemable Preferred Stock means, with respect to any Person, such Person's Preferred Stock to the extent that it is required to be redeemed, purchased or otherwise retired or extinguished, or is convertible into Debt of, such Person.

Mandatorily Redeemable Preferred Stock means, with respect to Preferred Stock of any Person, each share of such Person's Preferred Stock that is: