Examples of Disqualified Equity Interest in a sentence
More particularly, two-thirds of all fathers and nearly three-quarters of all mothers were payers and payees respectively across all three waves.
In the case of the Excluded Subsidiary, engage in any business activity, own any assets or create, incur, assume or suffer to exist any Indebtedness or issue any Disqualified Equity Interest.
The Company shall not, and shall cause all of its Subsidiaries not to, create, Incur or assume any Indebtedness or issue any shares of Preferred Stock ranking pari passu with or senior to the Series A Preferred Stock (including by way of issuance of any Disqualified Equity Interest), unless permitted under Section 4.01 of the Series A Certificate of Designation.
Illustration:Without A’s knowledge, a flood drives his cattle to the cultivated highland of B.