Junior Stock Definition Example with 4 Variations

This page contains an example definition of Junior Stock, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Junior Stock. (a) for purposes of Section 2 below, the Common Stock and any other class or series of stock of the Corporation not entitled to receive any dividends in any dividend period unless all preferential dividends required to have been paid or declared and set apart for payment on the Preferred Stock shall have been so paid or declared and set apart for payment and, (b) for purposes of Section 3 below, the Common Stock and any other class or series of stock of the Corporation not entitled to receive... any assets upon the liquidation, dissolution or winding up of the affairs of the Corporation until the Preferred Stock shall have received the entire preferential amount to which such shares of Preferred Stock are entitled upon such liquidation, dissolution or winding up. View More Arrow
Found in AgeX Therapeutics, Inc. contract

Variations

Junior Stock. (a) means, for purposes of Section 2 below, 2, the Common Stock and any other class or series of capital stock of the Corporation issued after the Issue Date not entitled to receive any dividends in any dividend period Dividend Period, unless all preferential dividends required to have been paid or declared and set apart for payment on the Series B Preferred Stock shall have been so paid or declared and set apart for payment payment, and, (b) for purposes of Section 3 below, 3, the Common Stock... and any other class or series of capital stock of the Corporation issued after the Issue Date not entitled to receive any assets upon the liquidation, dissolution dissolution, or winding up of the affairs of the Corporation until the Series B Preferred Stock shall have received the entire preferential amount to which such shares of the Series B Preferred Stock are is entitled upon such liquidation, dissolution dissolution, or winding up. View More Arrow
Found in DYNEGY ILLINOIS INC. contract
Junior Stock. (a) means, for purposes of Section 2 below, 2, the Common Stock and any other class or series of capital stock of the Corporation issued after the Issue Date not entitled to receive any dividends in any dividend period Dividend Period, unless all preferential dividends required to have been paid or declared and set apart for payment on the Series C Preferred Stock shall have been so paid or declared and set apart for payment and, (b) for purposes of Section 3 below, 3, the Common Stock and any ... class="diff-color-red">other class or series of capital stock of the Corporation issued after the Issue Date not entitled to receive any assets upon the liquidation, dissolution dissolution, or winding up of the affairs of the Corporation until the Series C Preferred Stock shall have received the entire preferential amount to which such shares of Preferred Stock are stock is entitled upon such liquidation, dissolution dissolution, or winding up. View More Arrow
Found in DYNEGY ILLINOIS INC. contract
Junior Stock. (a) for purposes of Section 2 below, means the Common Stock and any other class or series of stock ------------ securities of the Corporation (i) not entitled to receive any dividends in any dividend period distributions unless all preferential dividends distributions required to have been paid or declared and set apart for payment on the Series A Preferred Stock shall have been so paid or declared and set apart for payment and, (b) for purposes of Section 3 below, the Common Stock payment, and... any other class or series of stock of the Corporation (ii) not entitled to receive any assets upon the liquidation, dissolution or winding up of the affairs of the Corporation until the Series A Preferred Stock shall have received the entire preferential amount to which such shares of Preferred Stock Shares are entitled upon such liquidation, dissolution or winding up. View More Arrow
Found in CHENIERE ENERGY INC contract
Junior Stock. (a) means, for the purposes of Section 2 3 below, Common Equity, the Common Series A Junior Preferred Stock and any other class or series of stock of the Corporation which is not entitled to receive any dividends in any dividend period Dividend Period unless all preferential dividends required to have been paid or declared and set apart for payment on the Convertible Preferred Stock and any other Parity Stock shall have been so paid or declared and set apart for payment and, (b) payment, and... for purposes of Section 3 4 below, shall mean Common Equity, the Common Series A Junior Preferred Stock and any other class 3 or series of stock of the Corporation which is not entitled to receive any assets upon the liquidation, dissolution or winding up of the affairs of the Corporation until the Convertible Preferred Stock and any other Parity Stock shall have received the entire preferential amount to which such shares of Preferred Stock are stock is entitled upon such liquidation, dissolution or winding up. View More Arrow
Found in Trinity Industries Inc contract
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