Assessable stock definition

Assessable stock means any stock or class of stock, or equity interest or class of equity interest, in a business development company that:
Assessable stock means any stock or class of stock, or equity

Examples of Assessable stock in a sentence

  • Assessable stock was a type of equity that was normally offered at a discounted price, but with the caveat that the company who sold the stock could require shareholders to pay up to the difference between the discounted purchase price and initial face value of the stock, thereby adding another layer of potential liability for shareholders (Hill and Painter 2010 - pp.

  • Exhibit FF.8 It still falls short of the amount necessary to pay the amended proof of claim.

  • Assessable stock of any such cor­ poration offered or sold at public auc­ tion or otherwise for the purpose of realizing the amount of an assessment levied thereon, or reoffered to the public by an underwriter or dealer.

Related to Assessable stock

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

  • Series C Preferred Stock means shares of the Company’s Series C 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.

  • Standard Preferred Stock means the shares of a series of Preferred Stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.

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

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.

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

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.