Examples of Disqualified Preferred Stock in a sentence
The Borrower will not issue any preferred stock or other preferred equity interests other than Qualified PIK Securities; provided that the Borrower or any Restricted Subsidiary may issue Disqualified Preferred Stock to the extent that the same shall be treated as, and shall be restricted to the same extent as, Indebtedness for borrowed money for all purposes under this Agreement and is otherwise permitted to be issued hereunder.
Specification of MSC Bank Dairy 2022 is given in Annexure – CRegular Diaries - may vary by + 10%Quote should be submitted in Sealed Covers to the address mentioned below on or before 14-11-2021 by 05.00 p.m.Address :-The Joint Manager,(General Administration), 3rd floor,The Maharashtra State Co-op.
Any increase in the liquidation preference of Disqualified Preferred Stock in accordance with its terms (whether as a payment of Dividends in lieu of cash or otherwise) shall be treated as an “issuance” of Disqualified Preferred Stock for all purposes of the Credit Documentation.
Promptly after the filing or delivery thereof, copies of all financial information, proxy materials and reports, if any, which the Borrower or any of its Subsidiaries shall publicly file with the Securities and Exchange Commission or any successor thereto (the “SEC”) or deliver to holders (or any trustee, agent or other representative therefor) of any Permitted Subordinated Notes, Permitted Disqualified Preferred Stock or Qualified Preferred Stock.
The Leaders of all 14 local authorities meet prior to each Board meeting and feed their views into the Board.