Define: How is 'Preferred Date' defined in a legal contract?Preferred Date

How is 'Preferred Date' defined in a legal contract?Preferred Date means the first occasion when the [organization] is able to issue preferred shares under its Certificate of Incorporation.Seen in 1 SEC filing.Please not

How is 'Preferred Date' defined in a legal contract?Preferred Date means the first occasion when the [organization] is able to issue preferred shares under its Certificate of Incorporation.Seen in 1 SEC filing.Please note: The second definition was omitted as it referred to an [organization] and included location specific details which are not applicable for a global standard.

Relevant Circumstances

  • When a matter needs to be discussed and reviewed but the group or person examining it doesn't have the authority to make decisions on it.
  • When someone or something is sent somewhere for analysis or thought.

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