Public Preferred Stock definition

Public Preferred Stock means the Cumulative Exchangeable Preferred Stock, $.001 par value, 12 1/2% dividend rate per annum, of which 170,782 shares are currently outstanding with a liquidation preference of $1,000 per share.
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Public Preferred Stock means a class or series of preferred stock of the Company that is sold by the Company in a public offering registered under the Securities Act. For the avoidance of doubt, the Note Holders are not obligated to exchange their Exchange Preferred Shares for shares of Public Preferred Stock, but the Note Holders will not have any registration rights with respect to the Exchange Preferred Shares (and will have registration rights with respect to preferred stock only if the Note Holders exchange all of their Exchange Preferred Shares for shares of Public Preferred Stock).
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Public Preferred Stock means the 3,185,586 shares of 12% Cumulative Exchangeable Redeemable Preferred Stock issued by the Borrower and outstanding as of the Closing Date, which (as of the Closing Date) trades over the OTC Bulletin Board and the OTCQB marketplace.
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Examples of Public Preferred Stock in a sentence

  • If the Offerings are not consummated, the interest rates borne by the Debentures and the dividend rate borne by the Public Preferred Stock will be subject to the caps.

  • Although the procedure for establishing such final rates is designed to determine the rates that such securities should bear for the Debentures and the Depositary Preferred Shares representing interests in the Public Preferred Stock to trade at par assuming such securities were fully distributed, the Plan of Recapitalization provides that such rates may not exceed certain caps.

  • Note:# = Hypothetical impact fees presented in Table 5.4 were calculated as Maximum Allowable Impact Fee x (1 – discount rate).

  • Atomic-level molecular dynamics (MD) simulations can provide fundamental descriptions of the interplay between proteins and their host membranes that governs structure and function, enabling future developments of novel pharmacological and therapeutic agents.Hydrophobic mismatch is known to be an important factor control- ling membrane protein insertion and folding [16], protein activity [17] and aggregation [18].

  • Reichelt (2005: 179) defines benchmarking as the continuous process to measure products, services and practices against the strongest competitor or the company which is considered an industry leader.

  • In the Recapitalization, holders of Old Shares (an equity security) will receive Debentures and shares of Public Preferred Stock in addition to New Shares and cash.

  • The Public Preferred Stock shall have the rights, powers and privileges described in the Restated Certificate, which shall include a per share liquidation preference of $25,000.

  • The Board noted that the Recapitalization permits the holders of Old Shares to receive in exchange for each Old Share $25.80 in cash, $31.10 in principal amount of Debentures and $31.10 in liquidation value of Public Preferred Stock, while retaining a significant ongoing equity interest in the Company.

  • To record the reclassification of Old Shares into New Shares, Public Preferred Stock (Series B Preferred Stock), and Redeemable Preferred Stock.

  • To record the proceeds from the Offerings of approximately $765 million of Debentures and approximately $765 million of Depositary Preferred Shares representing interests in Public Preferred Stock, net of underwriting discount of $7 million for the Debentures and $25 million for the Public Preferred Stock.

Related to Public Preferred Stock

  • 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 $0.001 per share.

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

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

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

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

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

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

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

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

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

  • 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.

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

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

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

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

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

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

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

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

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

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

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).