Preferred Stock Redemption definition

Preferred Stock Redemption shall have the meaning assigned to such term in the preamble to this Agreement.

Preferred Stock Redemption means redemption of all of the outstanding shares of Series A Preferred Stock by the Company.

Preferred Stock Redemption shall have the meaning provided in Section 5.06(e).

Examples of Preferred Stock Redemption in a sentence

• On the terms and subject to the conditions set forth in this Agreement, on the Closing Date and prior to the Partnership Merger Effective Time, Titanium OP and Titanium shall effect the Titanium OP Preferred Redemption for an amount equal to the Titanium Series J and Series K Preferred Stock Redemption Amount, which amount shall be paid by Titanium OP to Titanium on the Closing Date.

• Upon payment by the Corporation of the Series C Preferred Stock Redemption Price, all rights in respect of the shares of Series C Preferred Stock redeemed shall cease.

• Notwithstanding the fact that a written notice of redemption is given, all rights of the redeeming holder with respect to shares of Class A Preferred Stock which are the subject of such written notice of redemption shall continue as if the written notice of redemption had not been given until the Class A Preferred Stock Redemption Price therefor is paid (such payment being a continuing obligation of the Corporation).

• Each holder of the of Series C Preferred Stock, in its sole judgement and discretion, shall have the option to accept or reject the Series C Preferred Stock Redemption Price stated in the Redemption Notice, or to reject any Redemption Notice in its entirety.

• On the Redemption Closing Date, the Company shall have delivered to the Holder (x) a Preferred Stock Redemption Delivery Notice, in form and substance as attached to the Main Agreement as Annex G and (y) the legal opinion described in Section 13(b) of the Main Agreement.

More Definitions of Preferred Stock Redemption

Preferred Stock Redemption means the redemption or repurchase by Parent of up to 3,528 shares of the Series A Preferred Stock of Parent, in accordance with Parent's Certificate of Incorporation on or prior to June 30, 1997 for an aggregate amount not to exceed $1,225,000.

Preferred Stock Redemption means (i) with respect to 9% Preferred Stock, redemptions made by Guarantor pursuant to Section 3(b) of the Certificate of Designation, Preferences and Other Rights of 9.0% Cumulative Nonconvertible Preferred Stock of Guarantor, and (ii) with respect to Series B Preferred Stock, redemptions made by Guarantor pursuant to Sections 3(a) and 3(b) of the Certificate of Designation, Preferences and Other Rights of the Series B Convertible Preferred Stock of Guarantor.

Preferred Stock Redemption means the redemption by Parent Holdings of all shares of its Preferred Stock outstanding on the Closing Date.

Preferred Stock Redemption has the meaning specified in the preliminary statements to this Agreement.

Preferred Stock Redemption has the meaning set forth in the recitals hereto.

Preferred Stock Redemption as defined in the preamble hereto.

Preferred Stock Redemption means the declaration of a Special Dividend in respect of the Preferred Stock or the Company’s or any Subsidiary’s purchase or redemption, in whole or in part, of outstanding shares of Preferred Stock, other than any such purchase or redemption in connection with a Qualified IPO or Change of Control.