Preferred Equity Securities definition

Preferred Equity Securities means (i) any and all shares of Capital Stock ranking senior to the Common Equity in respect of the right to receive dividends or the right to participate in any distribution upon liquidation, dissolution or winding up of the affairs of the Corporation or the right of redemption thereof, and (ii) any and all securities of the Corporation convertible into, or exchangeable or exercisable for, such shares, and options, warrants or other rights to acquire such shares.
Preferred Equity Securities means any equity securities of the Company or any of its Subsidiaries which are limited to a fixed sum or percentage of stated value in respect to the rights of the holders thereof to participate in dividends or in the distribution of assets upon any liquidation, dissolution or winding up of the Company or any such Subsidiary.
Preferred Equity Securities has the meaning set forth in the Convertible Notes.

Examples of Preferred Equity Securities in a sentence

  • The specific types of Preferred Equity Securities are identified in Section 3.6 of this decision.

  • Accordingly, the authorized Debt Securities and Preferred Equity Securities are exempt from CEQA.

  • SCE may issue Preferred Equity Securities via trust preferred securities.

  • In A.17-12-008, SCE seeks authority to use swaps and hedges as discussed in Section 2.5 of this decision with respect to the requested Preferred Equity Securities.

  • Issue, sell, and deliver one or more series of Preferred Equity Securities with an aggregate principal amount of up to $365 million.


More Definitions of Preferred Equity Securities

Preferred Equity Securities means securities that (a) are unsecured and subordinated in right of payment to the Obligations, (b) do not mature and have no ability to be optionally redeemed by the holder thereof prior to the date that is six (6) months after the Scheduled Maturity Date and (c) do not receive any payments or distributions so long as a breach of the Financial Covenant, Default or Event of Default exists and is continuing.
Preferred Equity Securities means any Equity Security of the Company (other than the Conversion Preferred or New Preferred) that ranks senior to the Common Stock as to dividends or the distribution of assets upon any liquidation, dissolution or winding up of the Company, or any Debt Security that is issued with any Equity Security.
Preferred Equity Securities means any Equity Security of the Corporation (other than the Series B Preferred or Series A Preferred) that ranks senior to the Common Stock as to dividends or the distribution of assets upon any liquidation, dissolution or winding up of the Corporation, or any Debt Security that is issued with any Equity Security.
Preferred Equity Securities means (a) any and all shares of Capital Stock ranking senior to the Common Equity in respect of the right to receive dividends or the right to participate in any distribution upon liquidation, dissolution or winding-up of the affairs of the Corporation or the right of redemption thereof, (b) any and all equity interests of the Subsidiaries of the Corporation ranking senior to the common equity interests of such Subsidiaries in respect of the right to receive dividends or the right to participate in any distribution upon liquidation, dissolution or winding-up of the affairs of the Subsidiaries of the Corporation or the right of redemption thereof and (c) any and all securities of the Corporation or any Subsidiary convertible into, or exchangeable or exercisable for, such shares, and options, warrants, equity interests or other rights to acquire such shares or equity interests.
Preferred Equity Securities means, with respect to any Stockholder, any of the following that is now owned or that is hereinafter acquired by such Stockholder: (i) any Preferred Stock or other class or series of preferred capital stock of the Company; (ii) any security convertible, with or without consideration, into any securities described in clause (i) of this definition; (iii) any security carrying any warrant or right to subscribe for or purchase shares of any securities described in clause (i) of this definition; and (iv) any warrant, note, right, option or other derivative security which provides the right to subscribe for or purchase any securities described in clauses (i), (ii), or (iii) of this definition.
Preferred Equity Securities means, at any time, all Preferred Stock and all other securities, Options, warrants and other rights to purchase or otherwise acquire Preferred Stock to the extent convertible or exchangeable for Preferred Stock at such time at an exercise price equal to or less than the fair market value of the Preferred Stock at such time; provided, that for purposes of calculating the number of Preferred Equity Securities held by a Stockholder or outstanding at any time, all Preferred Equity Securities other than Preferred Stock shall represent such number of shares of Preferred Stock into which such Preferred Equity Securities may be converted or exchanged at an exercise price equal to or less than the fair market value of the Common Stock at such time.
Preferred Equity Securities means (i) the Preferred Membership Interests of the Company and any other preferred Membership Interests of the Company, (ii) any preferred Equity Securities issued or distributed in respect of the securities described in clause (i) by the Company or any other entity in connection with a merger, consolidation, business combination, conversion, recapitalization, reclassification, reorganization and/or exchange of Membership Interests for other securities of the Company or such other entity, including any such Equity Securities issued or distributed in connection with a public offering as provided in Section 14.2 of the LLC Agreement, and (iii) any preferred Equity Securities of the Company or any other entity issued in respect of the securities described in clause (ii) above by way of a stock or other equity split or combination or stock or other equity dividend or in connection with a merger, consolidation, conversion, business combination, recapitalization, reclassification or reorganization.