Junior Securities Distribution

Example Definitions of "Junior Securities Distribution"
Junior Securities Distribution. Means the declaration or payment on account of, or setting apart for payment money for a sinking or other similar fund for, the purchase, redemption or other retirement of, any Junior Liquidation Shares, or any distribution in respect thereof (except for purchases, redemptions or retirements thereof, or dividends thereon, which are payable solely in additional shares of Junior Liquidation Shares), either directly or indirectly, and whether in cash, obligations, securities or other property, or... the purchase or redemption by any entity directly or indirectly controlled by the Corporation of any of the Junior Liquidation Shares View More
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