Voting Rights Triggering Event definition

Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).
Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to periods ending on more than six consecutive Dividend Payment Dates.
Voting Rights Triggering Event means dividends on the Convertible Preferred Stock being in arrears and unpaid with respect to six or more quarterly dividend payment periods (whether or not consecutive).

Examples of Voting Rights Triggering Event in a sentence

  • The Indenture permits us, under specified circumstances, to incur additional debt; however, the occurrence and continuance of the Voting Rights Triggering Event (as defined in Note 11 of the Notes to the Unaudited Condensed Consolidated Financial Statements) currently prevents us from incurring any such additional debt.

  • The claim states that as a result of such Voting Rights Triggering Event, the incurrence of indebtedness for the purpose of purchasing our Houston television station and the issuance of our Notes under the Indenture governing the Notes were prohibited incurrences of indebtedness under the Certificate of Designations.

  • For subjects who are being treated with ESAs: Hb <10.0 g/dL, average of2 measurements obtained during screening after the protocol-defined ESA washout period.

  • Series B Preferred StockholdersDue to the Voting Rights Triggering Event, the Series B preferred stock presently constitute “voting securities” under Rule 12b-2 of the Exchange Act.

  • The voting rights provided herein shall be the exclusive remedy at law or in equity of the Holders for any Voting Rights Triggering Event.


More Definitions of Voting Rights Triggering Event

Voting Rights Triggering Event has the meaning ascribed to it in paragraph (f)(iii)(A) hereof.
Voting Rights Triggering Event means a time at which dividends on the Series A Preferred Stock or dividends on any other series of Preferred Stock or preference securities that ranks equally with the Series A Preferred Stock as to payment of dividends and with similar voting rights are in arrears and unpaid with respect to six or more quarterly dividend periods (whether or not consecutive and including the dividend period beginning on the Initial Issue Date and ending on [●], 2017).
Voting Rights Triggering Event has the meaning specified in Section 6.4(b)(i).
Voting Rights Triggering Event means the failure of the Company to pay dividends on the Mandatory Convertible Preferred Stock or any Voting Rights Class with respect to six or more Dividend Periods (whether or not consecutive).
Voting Rights Triggering Event means a time at which dividends on the Series A Preferred Stock or dividends on any other series of Preferred Stock or preference securities that ranks equally with the Series A Preferred Stock as to payment of dividends and with similar voting rights are in arrears and unpaid for three or more semi-annual dividend periods (whether or not consecutive and including the dividend period beginning on the Initial Issue Date and ending on May 15, 2020).
Voting Rights Triggering Event means any event defined as a Voting Rights Triggering Event under the Certificate of Designation.
Voting Rights Triggering Event means dividends on the Preferred Stock being in arrears and unpaid with respect to three or more semi-annual dividend payment periods (whether or not consecutive).