Common use of NON-REDEEMABLE Clause in Contracts

NON-REDEEMABLE. The Series D Preferred Shares shall not be redeemable either at the Corporation’s option or at the option of Holders at any time. The Series D Preferred Shares shall not be subject to any sinking fund or other obligation to redeem, repurchase or retire the Series D Preferred Shares.

Appears in 1 contract

Sources: Purchase Agreement (Porter Bancorp, Inc.)

NON-REDEEMABLE. The Series D B Preferred Shares Stock shall not be redeemable either at the Corporation’s option or at the option of Holders at any time. The Series D B Preferred Shares Stock shall not be subject to any sinking fund or other obligation to redeem, repurchase or retire the Series D B Preferred SharesStock.

Appears in 1 contract

Sources: Stock Purchase Agreement (Central Valley Community Bancorp)

NON-REDEEMABLE. The Series D B Preferred Shares shall not be redeemable either at the Corporation’s option or at the option of Holders at any time. The Series D B Preferred Shares shall not be subject to any sinking fund or other obligation to redeem, repurchase or retire the Series D B Preferred Shares.

Appears in 1 contract

Sources: Purchase Agreement (Porter Bancorp, Inc.)