Parity Securities Distribution

Parity 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 (other than by conversion into or exchange for Junior Liquidation Shares), any Parity Liquidation Shares, or any distribution in respect thereof (except for dividends on Parity Liquidation Shares which are payable solely in additional shares of Parity Liquidation Shares, as required by the terms of such Parity Liquidation... Shares) View More