Xxxxxxxx Preferred Stock definition

Xxxxxxxx Preferred Stock shall have the meaning set forth in Section 4.2(b)(i)(B).
Xxxxxxxx Preferred Stock. The three hundred thirty-one and forty-six one hundredths (331.46) shares of 9.5% Preferred Stock, $10,000 per share stated value, of the Company beneficially owned by Xxxxxxxx on the Closing Date.
Xxxxxxxx Preferred Stock means the 331.46 shares of 9 1/2% Preferred Stock, stated value $10,000 per share, of Parent issued by Parent to Xxxxxxxx Holdings Ltd. Corporation, a Texas corporation, on the Closing Date.

Examples of Xxxxxxxx Preferred Stock in a sentence

  • Xxxxxxxx Preferred Stock shall accrue dividends at the Wall Street Journal's National Prime Rate upon the first business day of each year upon a principal sum of $4,500,000, the dividend being payable by January 31 of each succeeding year.

  • Xxxxxxxx Preferred Stock shall accrue dividends at the Wall Street Journal's national prime rate on the first business day of each year upon the amount of $4,500,000, the dividend being payable by January 1, of each succeeding year.

  • At and after the Effective Time, all of the outstanding certificates that, prior to that date, represented shares of a series of Amyris California Preferred Stock shall be deemed for all purposes to evidence ownership of and to represent the number of shares of the series of shares of Xxxxxx Xxxxxxxx Preferred Stock, into which such shares of Amyris California Preferred Stock are converted as provided herein.

  • Xxxxxxxx will not declare or pay any dividends on its outstanding shares of capital stock or make any other distributions on or in respect of any shares of its capital stock or otherwise to its shareholders, other than regular quarterly cash dividends which Xxxxxxxx shall be permitted to declare on Xxxxxxxx Preferred Stock at an annual rate not to exceed 9.5% of the stated value per share, and the pro rata dividend provided for in Paragraph 6.13.

  • There are no shares of Xxxxxxxx Preferred Stock issued and outstanding.

  • The issued and outstanding shares of Xxxxxxxx Common Stock, Xxxxxxxx Preferred Stock and the issued and outstanding Xxxxxxxx Stock Options constitute Xxxxxxxx’x only outstanding securities or options on equity securities.

  • Series A Preferred Stock, par value $.01 (the "Xxxxxxxx Preferred Stock"), which ownership is set forth in greater detail on Exhibit A hereto.

  • No interest shall be paid on any cash due a shareholder for shares of Xxxxxxxx Preferred Stock, for fractional shares of Xxxxxxxx Common Stock, or for dividends on any BOCC Stock.

  • Subject to the provisions of Article II regarding the surrender of Old Xxxxxxxx Certificates, the amount of the aggregate Merger Consideration for the Xxxxxxxx Preferred Stock will be paid on behalf of the holders of Xxxxxxxx Preferred Stock on the Closing Date in cash by wire transfer of immediately available funds to such bank account(s) as the Stockholder Representative may designate to the Merger Sub not less than two (2) Business Days prior to the Closing Date.

  • However, if any shareholder of Xxxxxxxx who exercises Dissenters’ Rights shall fail to perfect those rights, or effectively shall waive or lose such rights, then each of his or her shares of Xxxxxxxx Common Stock shall be deemed to have been converted into BOCC Stock, and each of his or her shares of Xxxxxxxx Preferred Stock shall be deemed to have been converted into cash, as of the Effective Time as provided in Paragraph 1.04(a).


More Definitions of Xxxxxxxx Preferred Stock

Xxxxxxxx Preferred Stock means the preferred shares of the Borrower, designated as Series D Cumulative Preferred Stock, par value $0.01 per share, issued and sold as of May 4, 2018 by the Borrower to Xxxxxxxx X. Xxxxx, Xx. for xxxxx cash proceeds of $14,700,000.
Xxxxxxxx Preferred Stock means the 331.46 shares of 9- 1/2% Preferred Stock, $10,000 per share stated value, of Holdings issued to Xxxxxxxx Holdings Ltd. Corporation.
Xxxxxxxx Preferred Stock means the Series A Preferred Stock of Xxxxxxxx, par value $0.001 per share.
Xxxxxxxx Preferred Stock means the Series A Preferred Stock of -------- --------- ----- Xxxxxxxx, par value $0.001 per share.
Xxxxxxxx Preferred Stock means Seven Million (7,000,000) shares of Series B Preferred Stock, representing all of the authorized, issued and outstanding shares of Series B Preferred Stock.

Related to Xxxxxxxx Preferred Stock

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

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

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

  • 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.

  • 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 B-1 Preferred Stock means shares of the Company’s Series B-1 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 H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

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

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

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 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.

  • Voting Preferred Stock means, with regard to any matter as to which the holders of Series T are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series T) that rank equally with Series T 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 E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

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

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

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

  • 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.

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

  • Series E Preferred Shares means the Series E 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 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.

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

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

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