Series K Preferred Stock definition

Series K Preferred Stock means the Series K Preferred Stock of the Company, $0.0001 par value per share.

Series K Preferred Stock means the Corporation’s Series K Convertible Preferred Stock, par value $0.004 per share.

Series K Preferred Stock means the shares of the Company’s Series K Perpetual Non-Cumulative Floating Rate Preferred Stock, no par value and liquidation preference $1,000,000 per share.

Examples of Series K Preferred Stock in a sentence

• Each share of Series K Preferred Stock shall be identical in all respects to every other share of Series K Preferred Stock.

• Shares of Series K Preferred Stock are not subject to the operation of a sinking fund.

• Dividends on shares of Series K Preferred Stock shall be non-cumulative.

• The Corporation shall have the authority to issue fractional shares of Series K Preferred Stock.

• When dividends are not paid in full upon the shares of Series K Preferred Stock and any Parity Stock, all dividends declared upon shares of Series K Preferred Stock and any Parity Stock shall be declared on a proportional basis so that the amount of dividends declared per share will bear to each other the same ratio that accrued dividends for the then-current Dividend Period per share on Series K Preferred Stock, and accrued dividends, including any accumulations, on Parity Stock, bear to each other.

More Definitions of Series K Preferred Stock

Series K Preferred Stock means the shares of the Corporation’s Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock Series K, $1.00 par value, with a liquidation preference of $10,000 per share, designated in the Certificate of Designations and described in the Officer’s Certificate delivered pursuant to Section 2.2 hereof.

Series K Preferred Stock means the Series K Participating Convertible Preferred Stock of the Company constituted as of August 12, 2004.

Series K Preferred Stock means the series of preferred units of BPR OP designated as Series K Preferred Units (as defined in Fifth Amended and Restated Agreement of Limited Partnership).

Series K Preferred Stock shall have the meaning set forth in the recitals hereto.

Series K Preferred Stock has the meaning specified in the recitals of this Deposit Agreement.

Series K Preferred Stock has the meaning specified in Recital A.

Series K Preferred Stock means the Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series K, of the Corporation.