Class B Preferred definition

Class B Preferred means the 12.5% Class B Convertible Preferred Stock, par value $.01 per share, of the Company.

Class B Preferred means the class of Shares described in Section 2.1 (a)(ii). "Class B Shares" means the Common Shares and the Class B Preferred. "Closing Date" has the meaning provided in Section 11.7(d)(ii). 7 _____________________________________________________________________________

Class B Preferred means the Company's shares of that separate class designated as "Series B Convertible Preferred Stock". Unless otherwise stated, other capitalized terms contained herein have the meanings set forth in the Purchase Agreement.

Examples of Class B Preferred in a sentence

• Class E preferred shares of no par value ( Class E Preferred Shares and together with the Class A Preferred Shares, the Class B Preferred Shares, Class C Preferred Shares and the Class D Preferred Shares being referred to as the Preferred Shares).

• The Corporation shall use its best efforts to list the shares of Common Stock required to be delivered upon conversion of the shares of Class B Preferred Stock, prior to such delivery, upon each national securities exchange, if any, upon which the outstanding shares of Common Stock are listed at the time of such delivery.

• Holders of shares of Class B Preferred Stock at the close of business on a dividend payment record date shall be entitled to receive the dividend payable on such shares on the corresponding Dividend Payment Date notwithstanding the conversion thereof following such dividend payment record date and prior to such Dividend Payment Date.

• The Company will have the right to redeem the Class B Preferred Securities upon the occurrence of a Special Redemption Event with respect to the Company.

• Except as otherwise required by applicable law or as set forth herein, the Class B Preferred Stock shall not have any relative, participating, optional or other special voting rights and powers other than as set forth herein, and the consent of the holders thereof shall not be required for the taking of any corporate action.

More Definitions of Class B Preferred

Class B Preferred means the Corporation's Class B Convertible ----------------- Preferred Stock, par value $1.00 per share.

Class B Preferred. Stock shall mean the Class B Preferred Stock, par value $0.01 per share, of the Company. Closing Date shall mean the date on which the Offerings shall be consummated. Commission shall mean the Securities and Exchange Commission and any successor commission or agency having similar powers. Common Stock shall mean the Common Stock, the Non-Voting Common Stock and shall include unless otherwise noted, the Warrant Stock. Company shall have the meaning set forth in the preamble to this Agreement.

Class B Preferred. Stock shall mean the Class B Preferred Stock, par ----------------------- value $0.01 per share, of the Company. Closing Date shall mean the date on which the Offerings shall be ------------ consummated. Commission shall mean the Securities and Exchange Commission and any ---------- successor commission or agency having similar powers. Common Stock shall mean the Common Stock, the Non-Voting Common Stock ------------ and shall include unless otherwise noted, the Warrant Stock. Company shall have the meaning set forth in the preamble to this ------- Agreement. Credit Agreement shall mean the Second Amended and Restated Revolving ---------------- Credit and Term Loan Agreement, dated February 7, 1996, by and among Enterprises, the Company, the lenders thereto and Bank of Boston, as agent as amended or otherwise modified from time to time. Enterprises shall mean National Restaurant Enterprises, Inc., a ----------- Delaware corporation. Exchange Act shall mean the Securities Exchange Act of 1934, as ------------ amended, or any similar Federal statute then in effect, and a reference to a particular section thereof shall include a reference to the comparable section, if any, of such similar Federal statute.

Class B Preferred means the shares of Company Class B Convertible Preferred Stock, par value $0.01 per share, issued and outstanding immediately prior to the Effective Time.

Class B Preferred means the shares of Class B 5% Cumulative Participating Preferred Stock in TOG of any series, no par value per share, having the rights, preferences and privileges set forth in TOG’s Third Amended and Restated Articles of Incorporation, as the same may be amended and/or restated from time to time.

Class B Preferred means Holdings’ Class B Preferred Units.

Class B Preferred means (i) the Series B-1 Preferred Stock, (ii) the Series B-2 Preferred Stock, (iii) the Series B-3 Preferred Stock and (iv) the Series B-4 Preferred Stock.