Examples of Permitted Preferred Equity in a sentence
Issue any Preferred Equity other than Permitted Preferred Equity.
Upon the redemption or repurchase by LSGC of any of the issued and outstanding Series G Preferred Stock (or MFN Securities, if any) or any other Permitted Preferred Equity (as defined in the Holdings LLC Agreement), Holdings shall, or shall cause LSGC to, redeem the Class C Preferred Interests.
Cause, permit, or suffer, directly or indirectly, any Change of Control; provided, that EMS may consummate the Permitted Preferred Equity Securities Offering, and issue common stock upon conversion and upon exercise of the warrants provided therein.
Enter into any merger, consolidation, reorganization, or recapitalization, or reclassify its capital stock, or liquidate, wind up, or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, assign, lease, transfer, or otherwise dispose of, in one transaction or a series of transactions, all or any substantial part of its property or assets; provided, that EMS may issue preferred equity securities and warrants pursuant to the Permitted Preferred Equity Securities Offering.
Each Loan Party will not, and will not permit any of its Restricted Subsidiaries to make any Restricted Payment other than (a) the Permitted Preferred Equity Payments, (b) the Permitted Preferred Equity Redemption and (c) the Permitted MVS Redemption.