Senior Exchangeable Preferred Stock definition

Senior Exchangeable Preferred Stock means the 13 1/4% Senior Exchangeable Preferred Stock issued by the Company on the Issuance Date and any shares of Senior Exchangeable Preferred Stock issued as payment in kind dividends thereon or on shares of Senior Exchangeable Preferred Stock so issued as payment in kind dividends pursuant to the Certificate of Designation as in effect on the Issuance Date.
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Senior Exchangeable Preferred Stock means the Company's 12 1/4 % Senior Cumulative Exchangeable Preferred Stock, par value $.01 per share.
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Senior Exchangeable Preferred Stock means up to $150 million aggregate liquidation value of the Corporation's 11 3/8% Senior Exchangeable Preferred Stock, par value $.01 per share.
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Examples of Senior Exchangeable Preferred Stock in a sentence

  • Two million shares of the Preferred Stock of the Corporation shall be designated as Senior Exchangeable Preferred Stock Due 2006 (the "Senior Preferred Stock").

  • The Company shall cause the Exchange Debentures to be executed on the Exchange Date and, upon surrender in accordance with the Exchange Notice of the certificates for any shares of the Senior Exchangeable Preferred Stock so exchanged (properly endorsed or assigned for transfer, if the Exchange Notice shall so state), such shares shall be exchanged by the Company into Exchange Debentures as aforesaid.

  • Issue: 15% Exchange Debentures (the "Exchange Debentures") to be issued by the Corporation, at its option, in exchange for any or all the outstanding shares of 15% Senior Exchangeable Preferred Stock due 2010 (the "Senior Preferred Stock") issued on or about August 17, 1998 to DLJ Merchant Banking Partners II, L.P. and certain of its affiliates (the "DLJ Entities").

  • If any Senior Exchangeable Preferred Stock is to be redeemed in part, the Redemption Notice that relates to such Senior Exchangeable Preferred Stock shall state the portion of the liquidation preference to be redeemed.

  • In the event that any of the conditions set forth in clauses (A) through (F) of the preceding sentence are not satisfied on the Exchange Date, then no shares of Senior Exchangeable Preferred Stock shall be exchanged, and in order to effect an exchange as provided for in this Section 4, the Company shall be required to fix another date for the exchange and issue a new Exchange Notice and the Company shall use its best efforts to satisfy such conditions and effect such exchange as soon as practicable.


More Definitions of Senior Exchangeable Preferred Stock

Senior Exchangeable Preferred Stock means Holdings' 12% Senior Exchangeable Preferred Stock due 2009.
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Senior Exchangeable Preferred Stock means up to $150 million aggregate liquidation value of the Company's 11 3/8% Senior Exchangeable Preferred Stock, par value $.01 per share.
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Senior Exchangeable Preferred Stock means the Corporation's 12 1/4% Cumulative, Senior Exchangeable Preferred Stock Mandatorily Redeemable 2008, $1.00 par value per share.
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Senior Exchangeable Preferred Stock means that certain 13% Senior Exchangeable Preferred Stock, par value $1.00 per share, of XxXxxxxxx & Xxxxxxx Acquisition Corp. II, a Delaware corporation, having all the rights and preferences set forth in the Amended and Restated Certificate of Incorporation of XxXxxxxxx & Xxxxxxx Acquisition Corp. II, dated as of August 22, 2001.
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Senior Exchangeable Preferred Stock means the Company’s 13% Senior Exchangeable Preferred Stock due 2009.
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Senior Exchangeable Preferred Stock means the $50.0 million senior exchangeable preferred stock, par value $.001 per share, issued by Company on or after the effective date of the Second Amendment, which shall pay dividends to the holders thereof at a rate of 14% per annum until December 1, 2000 and 15% per annum thereafter, such dividends to be payable in cash until December 1, 2000 and in kind thereafter and which shall be redeemable by Company at any time for an amount equal to the par amount thereof plus a premium equal to the applicable per annum dividend rate, and which must be redeemed by the Company on November 26, 2006.
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Senior Exchangeable Preferred Stock means the 14.5% Senior Exchangeable Preferred Stock due 2008 of the Company.
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