Class B Preferred definition

Class B Preferred means the 12.5% Class B Convertible Preferred Stock, par value $.01 per share, of the Company.

Class B Preferred. Stock shall mean the Class B Preferred Stock, par ----------------------- value $0.01 per share, of the Company. Closing Date shall mean the date on which the Offerings shall be ------------ consummated. Commission shall mean the Securities and Exchange Commission and any ---------- successor commission or agency having similar powers. Common Stock shall mean the Common Stock, the Non-Voting Common Stock ------------ and shall include unless otherwise noted, the Warrant Stock. Company shall have the meaning set forth in the preamble to this ------- Agreement. Credit Agreement shall mean the Second Amended and Restated Revolving ---------------- Credit and Term Loan Agreement, dated February 7, 1996, by and among Enterprises, the Company, the lenders thereto and Bank of Boston, as agent as amended or otherwise modified from time to time. Enterprises shall mean National Restaurant Enterprises, Inc., a ----------- Delaware corporation. Exchange Act shall mean the Securities Exchange Act of 1934, as ------------ amended, or any similar Federal statute then in effect, and a reference to a particular section thereof shall include a reference to the comparable section, if any, of such similar Federal statute.

Class B Preferred. Stock shall mean the Class B Preferred Stock, par value $0.01 per share, of the Company. Closing Date shall mean the date on which the Offerings shall be consummated. Commission shall mean the Securities and Exchange Commission and any successor commission or agency having similar powers. Common Stock shall mean the Common Stock, the Non-Voting Common Stock and shall include unless otherwise noted, the Warrant Stock. Company shall have the meaning set forth in the preamble to this Agreement.

Examples of Class B Preferred in a sentence

• The Company will have the right to redeem the Class B Preferred Securities upon the occurrence of a Special Redemption Event with respect to the Company.

• The Trust has identified its investment in the Class B Preferred Securities to be variable interests and considers itself as the primary beneficiary, resulting in the consolidation of the Company.

• Upon the occurrence of a Special Redemption Event with respect to the Trust, holders of the Trust Preferred Securities will be entitled to receive a corresponding number of Class B Preferred Securities.

• The Trust does not engage in any business other than receiving and holding Class B Preferred Securities, issuing the related Trust Preferred Securities, collecting interest paid with respect to the Class B Preferred Securities, paying interest to the holders of the Trust Preferred Securities, and performing other obligations required under the Trust’s Amended and Restated Trust Agreement dated May 15, 2008 (the Agreement).

• The proceeds from the issuance of the Trust Preferred Securities and the Trust Common Security were used to purchase all of the Class B Preferred Securities from Deutsche Contingent Capital LLC IV (the Company), a majority-owned consolidated subsidiary.

More Definitions of Class B Preferred

Class B Preferred means Holdings’ Class B Preferred Units.

Class B Preferred means the Corporation's Class B Convertible ----------------- Preferred Stock, par value $1.00 per share.

Class B Preferred means the class of Shares described in Section 2.1 (a)(ii). "Class B Shares" means the Common Shares and the Class B Preferred. "Closing Date" has the meaning provided in Section 11.7(d)(ii). 7 _____________________________________________________________________________

Class B Preferred means the shares of Company Class B Convertible Preferred Stock, par value $0.01 per share, issued and outstanding immediately prior to the Effective Time.

Class B Preferred means the shares of Class B 5% Cumulative Participating Preferred Stock in TOG of any series, no par value per share, having the rights, preferences and privileges set forth in TOG’s Third Amended and Restated Articles of Incorporation, as the same may be amended and/or restated from time to time.

Class B Preferred means Parent’s Class B Preferred Units.

Class B Preferred means the Company's shares of that separate class designated as "Series B Convertible Preferred Stock". Unless otherwise stated, other capitalized terms contained herein have the meanings set forth in the Purchase Agreement.