Common use of Qualified Preferred Stock Clause in Contracts

Qualified Preferred Stock. Holdings will pay all Dividends on its Qualified Preferred Stock (other than Class C Convertible Preferred Stock) solely through the issuance of additional shares of such Qualified Preferred Stock (but not in cash); provided that in lieu of issuing additional units of such Qualified Preferred Stock as Dividends, Holdings may increase the liquidation preference of the units of the Qualified Preferred Stock in respect of which Dividends have accrued.

Qualified Preferred Stock. Holdings The Borrower will pay all Dividends on its Qualified Preferred Stock (other than Class C Convertible Preferred Stock) solely through the issuance of additional shares of such Qualified Preferred Stock (but not in cash); provided that in lieu of issuing additional units shares of such Qualified Preferred Stock as Dividends, Holdings the Borrower may increase the liquidation preference of the units shares of the Qualified Preferred Stock in respect of which Dividends have accrued.