Variable Coupon Redeemable Preferred Stock definition

Variable Coupon Redeemable Preferred Stock means the shares of variable coupon redeemable preferred stock, Series A, of NTL Inc. outstanding immediately prior to the Petition Date.
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Examples of Variable Coupon Redeemable Preferred Stock in a sentence

  • Additional Preferred shall be Parity Securities; provided, however, that there shall be no issue of other Senior Securities, Parity Securities or options, warrants or rights exercisable for or convertible into any such securities, except as approved by Holders of the Variable Coupon Redeemable Preferred Stock, Series A pursuant to paragraph (8)(e).

  • Variable Coupon Redeemable Preferred Stock, Series A: On or as soon as practicable after the Effective Date, in full satisfaction, settlement, release and discharge of its interests represented thereby, the holder of NTL’s Variable Coupon Redeemable Preferred Stock, Series A (the “Variable Coupon Preferred Stock”) will receive its 79.447% share of the 27% Noos interest.

  • The Variable Coupon Redeemable Preferred Stock, Series A shall be subject to the creation of Junior Securities, Parity Securities and Senior Securities as set forth herein.

  • Any shares of Variable Coupon Redeemable Preferred Stock, Series A redeemed or otherwise acquired by the Corporation shall be retired and shall resume the status of authorized and unissued shares of Preferred Stock, without designation as to series, until such shares are once more designated as part of a particular series of Preferred Stock by the Board of Directors.

  • No interest, or sum of money in lieu of interest, shall be payable in respect of any dividend payment or payments on the Variable Coupon Redeemable Preferred Stock, Series A and Additional Preferred, that may be in arrears except as otherwise provided herein.

  • Whenever the Corporation shall have fulfilled its Mandatory Redemption Obligation and all Bankruptcy Events shall have been cured (the "Trigger Event Cure"), then the right of the Holders of shares of Variable Coupon Redeemable Preferred Stock, Series A to vote as described in this paragraph (8)(b) shall cease, but subject always to the same provisions for the vesting of such voting rights if any Trigger Event occurs.

  • Each such dividend shall be payable to the holders of record of shares of the Variable Coupon Redeemable Preferred Stock, Series A, and Additional Preferred, as they appear on the stock register of the Corporation at the close of business on the record date for such dividend.

  • Except as otherwise required by applicable law or as set forth herein, the shares of Variable Coupon Redeemable Preferred Stock, Series A shall not have any relative, participating, optional or other special voting rights and powers and the consent of the Holders thereof shall not be required for the taking of any corporate action.

Related to Variable Coupon Redeemable Preferred Stock

  • Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

  • Mandatorily Redeemable Stock means, with respect to any Person, any Equity Interest of such Person which by the terms of such Equity Interest (or by the terms of any security into which it is convertible or for which it is exchangeable or exercisable), upon the happening of any event or otherwise, (a) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise (other than an Equity Interest to the extent redeemable in exchange for common stock or other equivalent common Equity Interests at the option of the issuer of such Equity Interest), (b) is convertible into or exchangeable or exercisable for Indebtedness or Mandatorily Redeemable Stock, or (c) is redeemable at the option of the holder thereof, in whole or part (other than an Equity Interest which is redeemable solely in exchange for common stock or other equivalent common Equity Interests), in the case of each of clauses (a) through (c), on or prior to the Maturity Date.

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • Redeemable Stock means, with respect to any Person, any Capital Stock which by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable) or upon the happening of any event (i) matures or is mandatorily redeemable pursuant to a sinking fund obligation or otherwise, (ii) is convertible or exchangeable for Indebtedness (other than Preferred Stock) or Disqualified Stock or (iii) is redeemable at the option of the holder thereof, in whole or in part.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $0.01 par value per share, of the Corporation.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • non-redeemable investment fund means an issuer:

  • Redeemable Shares means redeemable shares in accordance with section 206 of the 1990 Act.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Redeemable Interests means any Partnership Interests for which a redemption notice has been given, and has not been withdrawn, pursuant to Section 4.10.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

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

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

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

  • Redeemable Capital Stock means any Capital Stock of the Company or any of its Subsidiaries that, either by its terms, by the terms of any security into which it is convertible or exchangeable or otherwise, (a) is or upon the happening of an event or passage of time would be required to be redeemed on or prior to the final stated maturity of the securities or (b) is redeemable at the option of the holder thereof at any time prior to such final stated maturity or (c) is convertible into or exchangeable for debt securities at any time on or prior to such final stated maturity.

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.