VB Securities definition

VB Securities means (a) the Note and all shares of Common Stock issued thereunder, (b) the Series D Preferred Stock purchased by, issued to or otherwise acquired by any of the VB Investors and all shares of Common Stock issued upon conversion thereof and (C) all Shares issued with respect thereto by way of stock dividend or stock split or in connection with any merger, consolidation, recapitalization or other reorganization affecting the Company’s capital stock. VB Securities will continue to be VB Securities in the hands of any holder and each transferee thereof will succeed to the rights and obligations of a holder of VB Securities hereunder, provided that shares of VB Securities will cease to be VB Securities when transferred (i) to the Company, (ii) an HIG Shareholder or (iii) pursuant to a Public Sale. Notwithstanding the foregoing, in no event shall the term “VB Securities” include Common Stock purchased in the public market.

Examples of VB Securities in a sentence

  • Each VB Shareholder agrees that such VB Shareholder will not Transfer all or any portion of his, her or its VB Securities now owned or hereafter acquired by such VB Shareholder, except in connection with, and strictly in compliance with, the conditions of this Article III.

  • This Agreement may not be assigned by any Shareholder except as provided herein (including Section 3.2 hereof) without the prior written consent of the Company, Xxxxxxx (for as long as he owns VB Securities), the holders of a majority of the Shares held by the VB Shareholders (taken together), and the holders of a majority of the Shares held by the HIG Shareholders, and without such prior written consent any attempted Transfer shall be null and void.

  • This Agreement or any provisions hereof may be amended or waived with the prior written approval of the Company, Xxxxxxx (for as long as he owns VB Securities), the holders of a majority of the Shares held by the VB Shareholders (taken together), and the holders of a majority of the Shares held by the HIG Shareholders.

  • The VB Shareholders acknowledge and agree that in addition to any other legend on the certificates representing VB Securities held by them, substantially the following legend shall be typed on each certificate evidencing any of the VB Securities: THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO THE PROVISIONS OF A CERTAIN STOCKHOLDERS AGREEMENT, DATED AS OF AUGUST 17, 2007, INCLUDING CERTAIN RESTRICTIONS ON TRANSFER SET FORTH THEREIN.

  • The shares of Series E Preferred Stock that may be purchased by any Series D Stockholder pursuant hereto shall be deemed to be "VB Securities" of such person for purposes of that certain Stockholder Agreement, dated August 17, 2007, among the Company, HIG and the holders of Series D Preferred Stock of the Company.

Related to VB Securities

  • Series B Securities means the 10.500% First Priority Senior Secured Notes due 2018, Series B, of the Company to be issued in exchange for the Series A Securities pursuant to the Registered Exchange Offer and the Registration Rights Agreement.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Series A Securities means the Company's Series A 9 3/8% Junior Subordinated Deferrable Interest Debentures due May 1, 2028 as authenticated and issued under this Indenture.

  • Securities has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.

  • BofA Securities means BofA Securities, Inc.

  • Lock-Up Securities has the meaning assigned to such term in Section 3.5.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Investor Securities is defined in Section 2.1.

  • Exempt Securities has the meaning set forth in Section 4.6(d).

  • Equity Preferred Securities means (i) debt or preferred securities that are mandatorily convertible or mandatorily exchangeable into common shares of the Borrower and (ii) any other securities, however denominated, including but not limited to hybrid capital and trust originated preferred securities, (A) issued by the Borrower or any Consolidated Subsidiary of the Borrower, (B) that are not subject to mandatory redemption or the underlying securities, if any, of which are not subject to mandatory redemption, (C) that are perpetual or mature no less than 30 years from the date of issuance, (D) the indebtedness issued in connection with which, including any guaranty, is subordinate in right of payment to the unsecured and unsubordinated indebtedness of the issuer of such indebtedness or guaranty, and (E) the terms of which permit the deferral of the payment of interest or distributions thereon to a date occurring after the Termination Date.

  • relevant securities means Ordinary Shares and securities carrying conversion or subscription rights into Ordinary Shares;

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase Securities of the Corporation, and (iv) any Stock.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Trust Preferred Securities has the meaning specified in the Recitals.

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Exempted Securities means:

  • Spin-Off Securities means equity share capital of an entity other than the Issuer or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than the Issuer.

  • Rule 144A Securities means all Initial Securities offered and sold to QIBs in reliance on Rule 144A.

  • Derivative Securities means any securities or rights convertible into, or exercisable or exchangeable for (in each case, directly or indirectly), Common Stock, including options and warrants.

  • Index Securities means the securities included in the 10 Uncommon Values Index from time to time.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Other Registrable Securities means (i) any shares of Common Stock issued to a Person that becomes party to this Agreement after the date hereof in accordance with Section 14(e), and (ii) any Common Stock issued or issuable with respect to the securities referred to in clause (i) by way of a stock dividend or stock split or stock conversion or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization; provided that “Other Registrable Securities” shall not include any shares of Common Stock issued, distributed or otherwise transferred to any Holder (as such term is defined in any CVR Agreement) and/or any of such Holder’s permitted transferee(s) under any CVR Agreement upon exercise of any CVR pursuant to the CVR Agreement. As to any particular Other Registrable Securities, such securities shall cease to be Other Registrable Securities when they have been distributed to the public pursuant to a offering registered under the Securities Act or sold to the public through a broker, dealer or market maker in compliance with Rule 144 under the Securities Act (or any similar rule then in force) or repurchased by the Company or any Subsidiary. For purposes of this Agreement, a Person shall be deemed to be a holder of Other Registrable Securities whenever such Person has the right to acquire such Other Registrable Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding any restrictions or limitations upon the exercise of such right), whether or not such acquisition has actually been effected; provided that such right must be converted or exercised and the Other Registrable Securities acquired not later than immediately prior to the initial closing of an offering in which the Other Registrable Securities issuable upon exchange or conversion of such rights are to be included (although such conversion or exercise may be conditioned upon the occurrence of such closing).

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;