Preferred stock agreement

Preferred stock agreement

Preferred Stock Agreement

A contract stating the terms for a preferred stock.
References in periodicals archive ?
He answered more questions about Fannie Mae and Freddie Mac's capital level saying the preferred stock agreement that was put into place when they were conserved effectively prohibited them from building up any reserve capital.
Including the new amount requested, the total amount drawn from Treasury under the Senior Preferred Stock Agreement will be $64.
The final agreement, signed in August 1997, is in three parts: a preferred stock agreement, the patent cross-licensing agreement, and a technology agreement in which Apple promised to make IE its default on condition that Microsoft continued to develop Office for Macintosh.
65 per common share equivalent, to fully redeem all of the outstanding shares of convertible preferred stock held by Eureka and completely satisfy all of its obligations under the convertible preferred stock agreement that the two parties entered into in June 2002.
The terms of the preferred stock agreement include the right to appoint designees to a total of three seats on the Company's Board of Directors.
With the dilution protection included in the preferred stock agreement the NewMarket shareholders will preferentially enjoy the accretive benefits of future NewMarket China acquisitions and capital formation transactions.
Pursuant to the contractual terms of the existing Series B and C Preferred Stock agreement, upon closing of the merger, the conversion price of the Series B and C Preferred Stock will be reduced to a price not to exceed $34 per share.
Our financing partners have supported SAVVIS through difficult times in the early part of this decade, and are showing their support for a much stronger SAVVIS today with an early exit from the Preferred stock agreement.
Rhythms is permitted to defer dividend payments under the terms of its Series F Preferred Stock agreement.
The securities offered in the private placement are subject to certain lock up restrictions for up to one year with respect to common share holdings as well as certain optional redemption features further described in the Series A Preferred Stock Agreement.
The filing was required by the Company's recent Series B convertible preferred stock agreement.
has requested the early conversion of its 1,000 shares of Class C preferred stock into 1,000,000 shares of unregistered restricted common stock under the terms of the preferred stock agreement.
Full browser ?