Debts are paid off first,
then equity holders.
Not exact matches
-LSB-(Version 2, which is not quite as aggressive): If any
holder of Series A Preferred Stock fails to participate in the next Qualified Financing, (as defined below), on a pro rata basis (according to its total
equity ownership immediately before such financing) of their Series A Preferred investment,
then such
holder will have the Series A Preferred Stock it owns converted into Common Stock of the Company.
Then all the debt
holders have
equity and they will want to sell.
How better to get a government guarantee and increasing prices of those bonds
then take the
equity holders out.
There is an economic reality to these «average opinion» searches from a company point of view, since, if a company needs periodic access to capital markets, whether credit markets or
equity markets,
then what the market thinks has a lot to do with whether, or not, a company and its security
holders will prosper.
STP allows policy
holder to invest the portion of premium or top — up premium (s) meant for Life
Equity Fund 3 initially into Life Money Market Fund 1 and
then systematically transfer (i.e automatically switch) every week (not less than 1/4 part of the amount initially invested) into Life
Equity Fund 3 option.
If the total assets and
equity security
holders conditions are met,
then RepuX would have to register the Pre-Sale and / or the Token Sale with the SEC, which would be a laborious and expensive process.