Common use of Cumulative Preferred Stock Clause in Contracts

Cumulative Preferred Stock. Each share of 7.48% Cumulative Preferred Stock, Series D of the Company, par value $1.00 per share (the "Series D Preferred Shares"), and $6.75 Cumulative Preferred Stock, Series E of the Company, par value $1.00 per share (the "Series E Preferred Shares" and together with the Series D Preferred Shares, the "Cumulative Preferred Shares" and the Cumulative Preferred Shares, together with the Convertible Preferred Shares and the Junior Participating Preferred Stock, Series A of the Company, par value $1.00 per share, the "Preferred Shares"), which immediately prior to the Effective Time is issued and outstanding shall remain outstanding and shall be entitled to the same dividend and other relative rights, preferences, limitations and restrictions as are now provided by the Company Charter.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Px Acquisition Corp), Agreement and Plan of Merger (Px Acquisition Corp)

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Cumulative Preferred Stock. Each share of 7.48% Cumulative Preferred Stock, Series D of the Company, par value $1.00 per share (the "Series D Preferred Shares"), and $6.75 Cumulative Preferred Stock, Series E of the Company, par value $1.00 per share (the "Series E Preferred Shares" and together with the Series D Preferred Shares, the "Cumulative Preferred Shares" and the Cumulative Preferred Shares, together with the Convertible Preferred Shares and the Junior Participating Preferred Stock, Series A of the Company, par value $1.00 per share, the "Preferred Shares"), which immediately prior to the Effective Time is issued and outstanding shall remain outstanding and shall be entitled to the same dividend and other relative rights, preferences, limitations and restrictions as are now provided by the Company Charter.,

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cbi Industries Inc /De/)

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Cumulative Preferred Stock. Each share of 7.48% Cumulative Preferred Stock, Series D of the Company, par value $1.00 per share (the "Series D Preferred Shares"), and $6.75 Cumulative Preferred Stock, Series E of the Company, par value $1.00 per share (the "Series E Preferred Shares" and together with the Series D Preferred Shares, the "Cumulative Preferred Shares" and the Cumulative Preferred Shares, together with the Convertible Preferred Shares and the Junior Participating Preferred Stock, Series A of the Company, par value $1.00 per share, the "Preferred Shares"), which immediately prior to the Effective Time is issued and outstanding shall remain outstanding and shall be entitled to the same dividend and other relative rights, preferences, 10 limitations and restrictions as are now provided by the Company Charter.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cbi Industries Inc /De/)

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