Outstanding Preferred Stock definition

Outstanding Preferred Stock means all shares of Preferred Stock of the Company issued and outstanding as of the Issue Date.

Outstanding Preferred Stock means the outstanding shares of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock collectively.

Outstanding Preferred Stock has the meaning ascribed to it in the Recitals.

Examples of Outstanding Preferred Stock in a sentence

• The affirmative vote of the holders of a 1940 Act Majority of the Outstanding Preferred Stock, voting as a separate class, shall be required to approve any plan of reorganization (as such term is used in the 1940 Act) adversely affecting such shares or any action requiring a vote of security holders of the Company under Section 13(a) of the 1940 Act.

• At any meeting held for the purpose of electing a Preferred Stock Director, the presence in person or by proxy of the holders of at least a majority of the Outstanding Preferred Stock shall be required to constitute a quorum of such Preferred Stock.

• At any meeting held for the purpose of electing a Preferred Stock Directors, the presence in person or by proxy of the holders of at least a majority of the Outstanding Preferred Stock shall be required to constitute a quorum of such Preferred Stock.

• For purposes of determining any rights of the holders of shares of Preferred Stock to vote on any matter, whether such right is created by the Charter, this Article XII, by statute or otherwise, only Holders of shares of Outstanding Preferred Stock shall be entitled to vote.

• Each series of Outstanding Preferred Stock ranks equally with each series of Registered Preferred Stock as to dividends and distributions on liquidation and includes the same provisions with respect to restrictions on declaration and payment of dividends and voting rights as apply to each series of Registered Preferred Stock.

More Definitions of Outstanding Preferred Stock

Outstanding Preferred Stock means any shares of the Company's preferred stock, par value $.01 per share, issued and outstanding from time to time.

Outstanding Preferred Stock means, collectively, the Outstanding Series A Preferred Stock, Outstanding Series A1 Preferred Stock, Outstanding Series A2 Preferred Stock, Outstanding Series B Preferred Stock, Outstanding Series B1 Preferred Stock, Outstanding Series B2 Preferred Stock, and Outstanding Series C Preferred Stock (including any such share subject to issuance pursuant to any Warrant or Company Convertible Note that is exercised or deemed exercised for such share in accordance with its terms prior to the Effective Time).

Outstanding Preferred Stock means, at any given time, the aggregate amount of outstanding shares of Preferred Stock, assuming full exercise, conversion or exchange (as applicable) of all options, warrants and other Securities which are convertible into or exercisable or exchangeable for, and any right to subscribe for, shares of Preferred Stock that are outstanding at such time.

Outstanding Preferred Stock means, collectively, the shares of convertible preferred stock of the Company issued to the Purchasers pursuant to the Prior Purchase Agreements and currently held by such Purchasers as of the date hereof.

Outstanding Preferred Stock means all of the shares of Company’s preferred stock, par value $0.01, which are issued and outstanding as of the date of this Agreement, pursuant to the Company’s Articles of Incorporation and all Certificates of Designation adopted thereunder. The Outstanding Preferred Stock specifically includes Series C 8% Convertible Preferred Stock.

Outstanding Preferred Stock has the meaning set forth in Section 2.6(a).

Outstanding Preferred Stock means the 112,000 outstanding shares of the Company's Series B Convertible Preferred Stock, on which dividends are payable at an annual rate of $4.00 per share on a quarterly basis.