Junior Securities
Junior Securities. Means all classes of common stock of the Company and to each other class of Capital Stock or series of preferred stock of the Company created after the Issue Date by the Board of Directors of the Company the terms of which do not expressly provide that it ranks on a parity with the Series C Preferred Stock as to dividend distributions and distributions upon the liquidation, winding-up or dissolution of the Company.
Junior Securities. Means securities of any Debtor or any of its subsidiaries (including, without limitation, equity securities), in each case the payment or redemption of which is subordinate, at least to the extent provided in this Agreement with respect to the Junior Liabilities, to the payment of the Senior Liabilities and to the payment of all securities issued in exchange therefor to the Senior Lender, so long as all requirements of Section 9.10 of the Credit Agreement have been complied with.
Found in
MILLER INDUSTRIES INC contract
Junior Securities. Means Capital Stock that, with respect to dividends and distributions upon Liquidation, ranks junior to the Series A Preferred Stock.
Found in
Fibrocell Science, Inc. contract
Junior Securities. Means the Common Stock and all other equity securities of the Company.
Found in
VPGI CORP contract
Junior Securities. Means any class or series of the Company's capital stock which ranks junior to the Series C Preferred Stock as to dividend distributions or distributions upon the liquidation, winding up and dissolution of the Company.
Found in
LXU Healthcare, Inc. contract
Junior Securities. Means any capital stock or other equity securities of the Corporation, except for the Series A Preferred Stock and any shares of any other class or series of Preferred Stock authorized pursuant to the Certificate of Incorporation which rank senior to or on a parity with the Series A Preferred Stock with respect to the payment of dividends, redemptions or distributions upon liquidation...
View More
Found in
EVERLAST WORLDWIDE INC contract
Junior Securities. Means all securities of the Corporation, other than the Debentures, issued and outstanding at any time.
Found in
ENER1 INC contract
Junior Securities. Means any payment or distribution of capital stock or other securities of any Obligor or other Person provided for by a plan of reorganization or readjustment authorized by an order or decree of a court of competent jurisdiction in a reorganization proceeding under any applicable bankruptcy law, which stock or securities are subordinated in right of payment to all then outstanding Senior Debt to substantially the same extent as, or to a greater extent than, the Subordinated Debt is subordinated...
View More
Junior Securities. Collectively, the Corporation's Class A Common Stock, par value $.01 per share, and any capital stock of any class of the Corporation hereafter authorized which is not limited to a fixed sum or percentage of par or stated value in respect to the rights of the holders thereof to participate in dividends or in the distribution of assets upon any liquidation, dissolution or winding up of the Corporation; the Corporation's Series A Preferred Stock are not Junior...
View More
Found in
NORTHLAND CRANBERRIES INC contract
Junior Securities. Means the Common Stock and all other equity securities and Common Stock Equivalents of the Company, including any existing or hereinafter created class of preferred stock of the Company, other than the Series A 6% Convertible Preferred Stock (which shall rank pari passu with the Preferred Stock).
All Definitions
Found in
OneTravel Holdings, Inc. contract