Existing Preferred Stock definition

Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

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Existing Preferred Stock means the outstanding shares of Series A Convertible Preferred Stock and Series B-2 Convertible Preferred Stock of the Corporation.

Existing Preferred Stock means the Company’s Series A Convertible Preferred Stock, par value $0.01 per share, with the designations, preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends, qualifications or terms or conditions set forth in the Articles Supplementary filed with the State Department of Assessment and Taxation of the State of Maryland on December 2, 2015.

Examples of Existing Preferred Stock in a sentence

• For purposes of this Section A.7(e)(i), the number of shares of Common Stock deemed issuable upon conversion of such outstanding shares of Existing Preferred Stock shall be determined without giving effect to any adjustments to the applicable Conversion Price resulting from the Dilutive Issuance that is the subject of this calculation.

• The number of shares, powers, terms, conditions, designations, preferences and privileges, relative, participating, optional and other special rights, and qualifications, limitations and restrictions, if any, of the Existing Preferred Stock shall be as set forth in this Part A.

• The voting right of the stockholders contained in this Section A.6(d) apply only so long as shares of Existing Preferred Stock remains and outstanding and may be exercised at a special meeting of the stockholders called as provided in accordance with the by-laws of the Corporation, at any annual or special meeting of the stockholders of the Corporation, or by written consent of the stockholder in lieu of a meeting.

• In any election of directors pursuant to this Section A.6(d), each stockholder shall be entitled to one vote for each share of Common Stock held or, if Existing Preferred Stock, into which each such share of Existing Preferred Stock is then convertible (determined in accordance with Section A.6(a) hereof), and no stockholder shall be entitled to cumulate its votes by giving one candidate more than one vote per share.

• In any such vote, each share of Existing Preferred Stock shall entitle the holder thereof to the number of votes per share that equals the number of shares of Common Stock (including fractional shares) into which each such share of Preferred Stock is then convertible, rounded up to the nearest one-tenth of a share, but not including any shares of Common Stock issuable upon conversion of any dividends accrued on such Existing Preferred Stock.

More Definitions of Existing Preferred Stock

Existing Preferred Stock means, collectively, 14¼% Preferred, 9¾% Preferred and NBCU Series B Preferred.

Existing Preferred Stock shall have the meaning ascribed thereto in Section 2.3.

Existing Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

Existing Preferred Stock means Encompass's 7.25% convertible participating preferred stock, par value $0.001 per share, issued and outstanding immediately prior to the Petition Date.

Existing Preferred Stock means the issued and outstanding shares of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock, in each case, as of the date hereof.

Existing Preferred Stock shall include preferred stock of the Company issued prior to the Effective Date and listed on Annex VI hereto, without giving effect to any extension or replacement thereof, as the same may be modified, supplemented or amended from time to time pursuant to the terms hereof and thereof.

Existing Preferred Stock means the Company’s Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series G Preferred Stock and Series I Preferred Stock; provided, that, for the purpose of this Agreement, any shares of Series I Preferred Stock issued on or after the date hereof pursuant to that certain Securities Purchase Agreement dated as of the date hereof, by and between the Company and Hexagon Partners, Ltd., shall be deemed to be issued and outstanding as of the Close of Business on the Record Date.