Holding Company Preferred Stock definition

Holding Company Preferred Stock has the meaning set forth in Section 7(c)(iv).
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Holding Company Preferred Stock has the meaning set forth in Section 7(c)(v).
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Holding Company Preferred Stock means the preferred stock, par value $.01 per share, of the Holding Company.
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Examples of Holding Company Preferred Stock in a sentence

  • The Certificates of Incorporation and By-Laws of New Holding Company shall prohibit issuance of the New Holding Company Preferred Stock earlier than six (6) months subsequent to the Effective Date, and in any case only upon approval by a 2/3 majority of the board of directors of New Holding Company.

  • On the Effective Date, New Holding Company will authorize twenty million (20,000,000) shares of New Holding Company Preferred Stock for future issuance upon terms to be designated from time to time by the board of directors of New Holding Company following the Effective Date.

  • At the Effective Time, each share of Bank Preferred Stock that is issued and outstanding immediately prior to the Effective Time shall automatically, by operation of law, be converted into and shall become one share of fully paid non-assessable Holding Company Preferred Stock having the rights, preferences, privileges and other terms set forth in the form of Certificate of Designation of the Holding Company attached as Exhibit A hereto.

  • As more fully described in the section entitled "The LIPA Transaction-Agreement and Plan of Merger," as described in the Joint Proxy Statement/Prospectus dated June 27, 1997, LILCO will transfer the Transferred Assets to subsidiaries of the Holding Company in exchange for shares of the Holding Company common stock and up to $75 million face amount of Holding Company Preferred Stock.

  • At the Effective Date, the Holding Company will have an authorized capital stock consisting of 30,000,000 common shares, par value $1.00 per share (the "Holding Company Common Stock"), of which one share is issued and outstanding and is owned by Oglebay Norton, and 5,000,000 shares of preferred stock, without par value (the "Holding Company Preferred Stock").

  • Any consummation of a Holding Company Transaction, unless as a result of the Holding Company Transaction each share of Designated Preferred Stock shall be converted into or exchanged for one share with an equal liquidation preference of preference securities of the Issuer or the Acquiror (the "Holding Company Preferred Stock").

  • Any and all approvals or consents from the OTS and any other governmental agency having jurisdiction, and any other third parties that are, in the opinion of legal counsel for the Bank, required for the lawful consummation of the Merger and the issuance and delivery of Holding Company Common Stock and Holding Company Preferred Stock as contemplated by this Reorganization Agreement shall have been obtained and shall not have been revoked.

  • All shares of Holding Company Common Stock and Holding Company Preferred Stock into which shares of Bank Common Stock and Bank Preferred Stock shall have been converted, respectively, pursuant to this Article II shall be deemed to have been issued in full satisfaction of all rights pertaining to such converted shares.

  • Based on the foregoing, it is our opinion that the shares of Holding Company Common Stock and Holding Company Preferred Stock to be issued upon consummation of the Merger pursuant to and in accordance with the Agreement will upon such consummation be duly authorized, validly issued, fully paid and non-assessable.

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More Definitions of Holding Company Preferred Stock

Holding Company Preferred Stock means the Series A Preferred Stock, the Series B Preferred Stock, the Series C Preferred Stock, the Series D Preferred Stock, the Series E Preferred Stock, the Series F Preferred Stock and the Series G Preferred Stock; and the term "Holding Company Capital Stock" shall mean the Holding Company Common Stock and the Holding Company Preferred Stock, collectively.
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Related to Holding Company Preferred Stock

  • Company Preferred Stock means the preferred stock, par value $0.001 per share, of the Company.

  • Company Preferred Shares means, collectively, the Company Series A-1 Preferred Shares, the Company Series A-2 Preferred Shares, the Company Series B Preferred Shares, and the Company Undesignated Preferred Shares.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • New Preferred Stock means the Series B-1 Preferred Stock and the Series B-2 Preferred Stock.

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

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Voting Common Stock means the voting common stock, par value $0.01 per share, of the Company.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Class A Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Class B Preferred Stock means the Class B Cumulative Convertible Preferred Stock, par value $0.01 per share, of the Previous General Partner.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.