Priority Preferred Stock definition

Priority Preferred Stock means the Series B Preferred Stock and the Series C Preferred Stock then outstanding.
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Priority Preferred Stock means the Series E Preferred Stock and the Series F Preferred Stock. “Priority Preferred Stockholder” means a holder of Priority Preferred Stock.
Sample 1
Priority Preferred Stock means the Series E Preferred Stock and the Series F Preferred Stock.
Sample 1

Examples of Priority Preferred Stock in a sentence

  • The Series C Preferred Stock shall rank on a parity with the shares of other Priority Preferred Stock, and shall rank prior and superior to the shares of Series A Preferred Stock and Common Stock, with respect to dividends.

  • The holders of the Series B Preferred Stock and the holders of other Priority Preferred Stock shall participate (on an as-converted basis) in any and all dividend payments on the Common Stock when, as and if dividends are paid with respect to the Common Stock.

  • If and to the extent, any shares of Series D Preferred Stock and Priority Preferred Stock so entitled to redemption are converted into shares of Common Stock by the holders thereof prior to the close of business on the Redemption Date, the total number of shares of Series D Preferred Stock and Priority Preferred Stock otherwise to be redeemed on such date shall be reduced by the number of shares of Series D Preferred Stock and Priority Preferred Stock so converted.

  • The holders of the Series C Preferred Stock and the holders of other Priority Preferred Stock shall participate (on an as-converted basis) in any and all dividend payments on the Common Stock when, as and if dividends are paid with respect to the Common Stock.

  • The Series B Preferred Stock shall rank on a parity with the shares of other Priority Preferred Stock, and shall rank prior and superior to the shares of Series A Preferred Stock and Common Stock, with respect to dividends.

  • The holders of the Series D Preferred Stock and the holders of Priority Preferred Stock shall participate (on an as-converted basis) in any and all dividend payments on the Common Stock when, as and if dividends are paid with respect to the Common Stock.

  • At least 10 days prior to the Redemption Date, the Corporation shall notify each respective holder of Series D Preferred Stock and Priority Preferred Stock of such holder’s right of optional redemption under this Section 4.

  • From and after the Effective Time, there shall be no transfers on the stock transfer books of First Priority of the shares of First Priority Common Stock or First Priority Preferred Stock that were issued and outstanding immediately prior to the Effective Time.

  • At least 10 days prior to the Redemption Date, the Corporation shall notify each respective holder of Series B Preferred Stock and other Priority Preferred Stock and Series D Preferred Stock of such holder’s right of optional redemption under this Section 4.

  • As of the date of this Agreement, there are (i) 6,634,969 shares of First Priority Common Stock issued and outstanding, (ii) 3,404 shares of First Priority Preferred Stock issued and outstanding, (iii) no shares of First Priority Common Stock held by First Priority as Treasury Stock, and (iv) 750,870 shares of First Priority Common Stock reserved for issuance upon exercise of outstanding stock options or otherwise.

Related to Priority Preferred Stock

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by a Borrower (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

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

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

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

  • Company Preferred Stock means the preferred stock, par value $0.0001 per share, of the Company.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

  • Series E Preferred Stock means the Series E Preferred Stock, par value $0.001, of the Company.

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

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

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

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.00001 per share.

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

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

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

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.

  • 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.

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

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

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

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