TPG Acquisition Preferred Stock definition

TPG Acquisition Preferred Stock means the 14% Series A Redeemable Preferred Stock, original liquidation preference $1,000 per share, of Parent.
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TPG Acquisition Preferred Stock set forth in Section 1.1 of the Restated Credit Agreement shall be amended and restated to read in its entirety as follows: TPG Acquisition Preferred Stock means the 14% Series C Redeemable Preferred Stock, liquidation preference $1,000 per share, of Parent and, upon consummation of a merger of Parent with and into a newly formed, wholly-owned Subsidiary of Parent for the purpose of changing Parent's state of incorporation from Maryland to Delaware, shall include the corresponding class of preferred stock of the surviving corporation having terms which are substantially the same as the terms of such Series C Redeemable Preferred Stock of Parent.
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TPG Acquisition Preferred Stock means the 14% Series A Redeemable Preferred Stock, original liquidation preference 1,000 per share, issued by DMFC.
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Examples of TPG Acquisition Preferred Stock in a sentence

  • The Company shall have deposited into the Cash Collateral Account an amount which is, when added to the amount of the Redemption Reserve in effect on the Restatement Date, sufficient to pay the Redemption Prices (plus accrued interest and dividends) in each of the Permitted Redemptions (other than the Permitted Redemption of the TPG Acquisition Preferred Stock).

  • Without limiting the generality of the foregoing, not more than $35,000,000 of such cash equity investment shall be in the form of TPG Acquisition Preferred Stock and each share of such TPG Acquisition Preferred Stock shall have been issued for not less than the liquidation preference thereof.

  • Parent shall have issued shares of its common stock in the Offering on terms and conditions satisfactory to the Administrative Agent and shall have received gross proceeds of not less than $225,000,000 therefrom and shall have effected the Permitted Redemption of the TPG Acquisition Preferred Stock and made a capital contribution to the Company of the Net Cash Proceeds remaining after effecting such Permitted Redemption.

  • The TPG Acquisition Preferred Stock Redemption Price will not exceed $43,500,000.

  • Stock will cease to accrue from the Restatement Date and the sole right of the holders of TPG Acquisition Preferred Stock is to receive payment of the Redemption Price (as defined in the Certificate of Designations of Series A Cumulative Preferred Stock of Parent governing the terms of the TPG Acquisition Preferred Stock).


More Definitions of TPG Acquisition Preferred Stock

TPG Acquisition Preferred Stock means the 14% Series A Redeemable Preferred Stock, original liquidation preference $1,000 per share, of Parent. TPG Agreements means (i) the Management Advisory Agreement, dated as of April 18, 1997, between the Company and TPG Partners and (ii) the Transaction Advisory Agreement, dated as of April 18, 1997, between the Company and TPG Partners, in each case as amended from time to time in accordance with Section 8.22.
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Related to TPG Acquisition Preferred Stock

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

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

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

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

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

  • Qualified Preferred Stock means any preferred capital stock of Holdings or Lead Borrower so long as the terms of any such preferred capital stock (x) do not contain any mandatory put, redemption, repayment, sinking fund or other similar provision prior to the 91st day after the Latest Maturity Date as of the date such Qualified Preferred Stock was issued other than (i) provisions requiring payment solely (or with provisions permitting Holdings or Lead Borrower, as applicable, to opt to make payment solely) in the form of common Equity Interests, Qualified Preferred Stock of Holdings or Lead Borrower or cash in lieu of fractional shares, as applicable, or any Equity Interests of any direct or indirect Parent Company of Holdings or Lead Borrower, as applicable, (ii) provisions requiring payment solely as a result of a change of control or asset sale, so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale are subject to the payment in full of all Obligations in cash (other than unasserted contingent indemnification obligations) or such payment is otherwise permitted by this Agreement (including as a result of a waiver or amendment hereunder) and (iii) with respect to preferred capital stock issued to any plan for the benefit of employees of Holdings or Lead Borrower, as applicable, or its Subsidiaries or by any such plan to such employees, provisions requiring the repurchase thereof in order to satisfy applicable statutory or regulatory obligations and (y) give Holdings or Lead Borrower the option to elect to pay such dividends or distributions on a non-cash basis or otherwise do not require the cash payment of dividends or distributions at any time that such cash payment is not permitted under this Agreement or would result in an Event of Default hereunder.

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

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

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

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

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

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

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

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Designated Preferred Stock means Preferred Stock of the Issuer or any direct or indirect parent of the Issuer (other than Disqualified Stock), that is issued for cash (other than to the Issuer or any of its Subsidiaries or an employee stock ownership plan or trust established by the Issuer or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officer’s Certificate, on the issuance date thereof.

  • Senior Non Preferred Liabilities means any unsubordinated and unsecured senior non preferred obligations (créditos ordinarios no preferentes) of Banco Santander under Additional Provision 14.2º of Law 11/2015 (including any Notes) and any other obligations which, by law and/or by their terms, and to the extent permitted by Spanish law, rank pari passu with the Senior Non Preferred Liabilities.

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

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

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

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

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

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

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

  • Series F Preferred Shares means the Series F 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.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.