Examples of Mandatorily Redeemable Stock in a sentence
The Company shall not at any time permit any Trademark Subsidiary to be or become liable for any Debt or to issue any Mandatorily Redeemable Stock.
The Contractor shall furnish all necessary labor, materials, tools, equipm ent, and transportation necessary for performance of the work.
This Agreement constitutes the entire agreement and understanding of the parties related to its subject matter and supersedes all prior proposals, understandings, agreements, correspondence, arrangements and contemporaneous oral agreements relating to the subject matter of this Agreement.
Cash and cash equivalents consist of all cash on hand and US Treasury backed money market funds with original maturities of three months or less at the time of purchase.
Preferred Distributions shall not include dividends or distributions including redemptions: (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) of identical or junior class payable to holders of such class of Equity Interests; or (b) paid or payable to Parent Borrower or any of its Subsidiaries.