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Subject: Disqualified stock Коллеги, помогите пожалуйста!что такое disqualified stock? ну то есть примерно поняла смысл, но на русском не могу подобрать правильный вариант. Контекст The issuer may proceed with: - declaration and payment of regularly scheduled or accrued dividends to holders of any class or series of Disqualified Stock of the Issuer issued on or after the Issue Date in accordance with these Conditions Заранее спасибо огромное!!! |
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link 20.11.2022 19:13 |
| Ограниченные в правах акции? |
| спасибо |
| если в самом документе нет определения, спросите у заказчика. в разных документах этот термин несколько отличается. вот например, Limitation on incurrence of debt and issuance of disqualified stock or preferred stock. This covenant limits any incurrence of debt by the issuer or its restricted subsidiaries. Disqualified stock (preferred stock which is mandatorily redeemable prior to the maturity date of the high-yield bond) and preferred stock of any non-guarantor subsidiaries are treated as debt for the purposes of this covenant. There is a separate covenant that limits liens, so even if an incurrence of debt is permitted under this covenant, that debt cannot be secured unless the security is a “permitted lien”, or in the case of a lien on collateral for the bonds, a “permitted collateral lien.” There are a number of exceptions to the general limitation on debt incurrences. Set out below is a summary of the most important customary exceptions. |
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