Common use of No Sinking Fund Clause in Contracts

No Sinking Fund. The Designated Preferred Stock will not be subject to any mandatory redemption, sinking fund or other similar provisions. Holders of Designated Preferred Stock will have no right to require redemption or repurchase of any shares of Designated Preferred Stock.

Appears in 68 contracts

Samples: Letter Agreement, Agreement and Plan of Merger (Center Bancorp Inc), Securities Purchase Agreement

No Sinking Fund. The Designated Preferred Stock will not be subject to any mandatory redemption, sinking fund or other similar provisions. Holders of Designated Preferred Stock will have no right to require redemption or repurchase of any shares units of Designated Preferred StockPreferred.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement (Gmac LLC), Limited Liability Company Operating Agreement (Gmac LLC), Limited Liability Company Operating Agreement (Gmac LLC)

No Sinking Fund. The Designated Preferred Stock will shall not be subject to any mandatory redemption, sinking fund or other similar provisions. Holders of Designated Preferred Stock will shall have no right to require redemption or repurchase of any shares of Designated Preferred Stock.

Appears in 6 contracts

Samples: Exchange Agreement (Independent Bank Corp /Mi/), Exchange Agreement, Exchange Agreement

No Sinking Fund. The Designated Senior Preferred Stock will not be subject to any mandatory redemption, sinking fund or other similar provisions. Holders of Designated Senior Preferred Stock will have no right to require redemption or repurchase of any shares of Designated Senior Preferred Stock.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Bancplus Corp), Letter Agreement (Broadway Financial Corp \De\), Securities Purchase Agreement (PCB Bancorp)

No Sinking Fund. The Designated Preferred Stock will not be subject to any mandatory redemption, sinking fund or other similar provisions. Holders of Designated Preferred Stock will have no right to require redemption or repurchase of any shares of Designated Preferred Stock.

Appears in 2 contracts

Samples: Voting and Termination Agreement (Heartland Financial Usa Inc), Voting and Termination Agreement (Heartland Financial Usa Inc)

No Sinking Fund. The Designated Preferred Stock will not be subject to any mandatory redemption, sinking fund or other similar provisions. Holders of Designated Preferred Stock will have no right to require redemption or repurchase of any shares of Designated Preferred Stock.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Premier Power Renewable Energy, Inc.)