Redeemable Preferred Shares definition

Redeemable Preferred Shares means shares of 10% Cumulative Redeemable Preferred Stock of the REIT, par value $0.01 per share, having a liquidation preference of $1,000 per share (plus accrued and unpaid dividends).

Redeemable Preferred Shares means shares of Redeemable Preferred Stock, par value $.01, of the Surviving Corporation.

Redeemable Preferred Shares means, with respect to any Person, any share of such Person's Capital Stock to the extent that it is redeemable, payable or required to be purchased or otherwise retired or extinguished, or convertible into any Indebtedness or other liability of such Person, the whole prior to the Maturity Date and at the option of the holder of such Capital Stock or of such Person, whether or not it pays Dividends at a specified or non-specified rate and whether or not such Capital Stock has preference over common stock in any respect;

Examples of Redeemable Preferred Shares in a sentence

• Redeemable Preferred Shares The authorized capital of the Company includes 13,000 shares of redeemable preferred stock,$0.00001 par value per share, 13,000 of which have been designated redeemable preferred stock.

• As from the date of redemption the fixed preferential dividend shall cease to accrue on the Redeemable Preferred Shares.

• The Company shall give to the holders of the outstanding Redeemable Preferred Shares to be redeemed not less than twenty-eight (28) days’ notice in writing and such notice shall state the time and place appointed for the payment of the monies payable on redemption and shall call on such holders to deliver to the Company the certificates for the Redeemable Preferred Shares held by them respectively.

• At the time and place stated in such notice each holder of such Redeemable Preferred Shares shall be bound to deliver to the Company for cancellation the certificates for his holding of the Redeemable Preferred Shares to be redeemed (or in default an indemnity satisfactory to the Company), together with a receipt for the amount of the monies payable on redemption to which he is entitled, duly signed and authenticated in such manner as the Company may reasonably require.

• Due to the fact that the Redeemable Preferred Shares are mandatorily redeemable, the Redeemable Preferred Shares are classified as a liability on the accompanying unaudited condensed consolidated balance sheets.

More Definitions of Redeemable Preferred Shares

Redeemable Preferred Shares means any capital stock of the Borrower or a Subsidiary which is redeemable, payable or required to be purchased or otherwise retired or extinguished, or convertible into any Indebtedness at the option of the holder of such capital stock, whether or not it pays dividends at a specified or non-specified rate, and whether or not such capital stock has preference over common stock in any respect

Redeemable Preferred Shares means the Series A Convertible Preference Shares of GST outstanding on the Closing Date.

Redeemable Preferred Shares means the redeemable preferred shares in the capital of the Corporation.

Redeemable Preferred Shares means the Series A-1 Shares, the Series B Shares, the Series C Shares, the Series C-1 Shares, the Series C-2 Shares and/or the Series D Shares.

Redeemable Preferred Shares shall have the meanings ascribed to them in the Granite Point Contribution Agreement. Section 2.

Redeemable Preferred Shares means the Series A Redeemable Preferred Shares and the Series B Redeemable Preferred Shares. “Redeemable Preferred Stock Redemption Amount” means the amounts representing the Series A Liquidation Preference and Series B Liquidation Preference (as such terms are defined in the Charter) of the Series A Redeemable Preferred Shares and Series B Redeemable Preferred Shares, respectively, plus all accrued and unpaid dividends and distributions thereon, whether or not declared, to the date of payment, including for any partial monthly period, with respect to such Redeemable Preferred Shares held by a Person immediately prior to the Closing as may be due in accordance with the Charter. “Related Party Agreements” has the meaning assigned for such term in Section 8.15 hereof. “Related Persons” has the meaning assigned for such term in Section 5.21 hereof. “Releasees” has the meaning assigned for such term in Section 8.16 hereof. “Releasing Parties” has the meaning assigned for such term in Section 8.16 hereof. “Restricted Area” has the meaning assigned for such term in Section 8.18(b) hereof. “Restricted Business” has the meaning assigned for such term in Section 8.18(b) hereof. “Restricted Period” has the meaning assigned for such term in Section 8.17 hereof. “Securities” means the Shares, the Options and the Warrants. “Seller Documents” has the meaning assigned for such term in Section 6.2 hereof. “Seller Indemnified Parties” means each Equity Holder, the Company (for purposes of the obligations under clauses (i) and (ii) of Section 10.3(a)) and their respective directors, officers, employees, Affiliates, stockholders, agents, attorneys, representatives, successors and permitted assigns, but shall not include the Surviving Corporation (and its applicable directors, officers, employees, Affiliates, stockholders, agents, attorneys, representatives, successors and permitted assigns in their capacities as such) from and after the Closing. “Sellers” has the meaning set forth in the Recitals hereto. “Shares” has the meaning assigned for such term in the Recitals hereto. “Software” means any and all (i) computer programs, including any and all software implementations of algorithms, models and methodologies, whether in source code or

Redeemable Preferred Shares means the redeemable preferred shares in the capital of the Corporation having the rights, privileges, restrictions and conditions as set out in Schedule “A”.