Common use of Partial Redemption Clause in Contracts

Partial Redemption. In case of any redemption of only part of the shares of Series C Preferred Stock at the time outstanding, the shares of Series C Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C Preferred Stock in proportion to the number of shares of Series C Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board of directors of the Corporation or any duly authorized committee of the board of directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board of directors of the Corporation or any duly authorized committee of the board of directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C Preferred Stock shall be redeemed from time to time.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Chemical Financial Corp), Deposit Agreement (Huntington Bancshares Inc /Md/), Deposit Agreement (Huntington Bancshares Inc /Md/)

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Partial Redemption. In case of any redemption of only part of the shares of Series C I Preferred Stock at the time outstanding, the shares of Series C I Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C I Preferred Stock in proportion to the number of shares of Series C I Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors of the Corporation Directors or any duly authorized committee of the board Board of directors of the Corporation Directors may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors of the Corporation Directors or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C I Preferred Stock shall be redeemed from time to time.

Appears in 2 contracts

Samples: Deposit Agreement (Huntington Bancshares Inc /Md/), Deposit Agreement (Huntington Bancshares Inc /Md/)

Partial Redemption. In case of any redemption of only part of the shares of Series C Z Preferred Stock at the time outstanding, the shares of Series C Z Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C Z Preferred Stock in proportion to the number of shares of Series C Z Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C Z Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C P Preferred Stock at the time outstanding, the shares of Series C P Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C P Preferred Stock in proportion to the number of shares of Series C P Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C P Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C V Preferred Stock at the time outstanding, the shares of Series C V Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C V Preferred Stock in proportion to the number of shares of Series C V Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C V Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C A Preferred Stock at the time outstanding, the shares of Series C A Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C A Preferred Stock in proportion to the number of shares of Series C A Preferred Stock held by such holders or by lot or in such other manner consistent with as the rules and policies Board of Directors of the NASDAQ as the board of directors of the Corporation Company or any duly authorized committee of the board Board of directors Directors of the Corporation Company may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation Company or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C A Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (BankGuam Holding Co)

Partial Redemption. In case of any redemption of only part of the shares of Series C Preferred Stock at the time outstanding, the shares of Series C Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C Preferred Stock in proportion to the number of shares of Series C Preferred Stock held by such holders or by lot or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation Corporation, the Committee or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Northern Trust Corp)

Partial Redemption. In case of any redemption of only part of the shares of Series C [H] Preferred Stock at the time outstanding, the shares of Series C [H] Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C [H] Preferred Stock in proportion to the number of shares of Series C [H] Preferred Stock held by such holders or 2 To be no earlier than December 1, 2022. in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors of the Corporation Directors or any duly authorized committee of the board Board of directors of the Corporation Directors may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors of the Corporation Directors or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C [H] Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TCF Financial Corp)

Partial Redemption. In case of any redemption of only part of the shares of Series C U Preferred Stock at the time outstanding, the shares of Series C U Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C U Preferred Stock in proportion to the number of shares of Series C U Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C U Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C T Preferred Stock at the time outstanding, the shares of Series C T Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C T Preferred Stock in proportion to the number of shares of Series C T Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C T Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C CC Preferred Stock at the time outstanding, the shares of Series C CC Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C CC Preferred Stock in proportion to the number of shares of Series C CC Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C CC Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C D Preferred Stock at the time outstanding, the shares of Series C D Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C D Preferred Stock in proportion to the number of shares of Series C D Preferred Stock held by such holders or by lot or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C D Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Northern Trust Corp)

Partial Redemption. In case of any redemption of only part of the shares of Series C X Preferred Stock at the time outstanding, the shares of Series C X Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C X Preferred Stock in proportion to the number of shares of Series C X Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C X Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C O Preferred Stock at the time outstanding, the shares of Series C O Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C O Preferred Stock in proportion to the number of shares of Series C O Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C O Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C [H] Preferred Stock at the time outstanding, the shares of Series C [H] Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C [H] Preferred Stock in proportion to the number of shares of Series C [H] Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors of the Corporation Directors or any duly authorized committee of the board Board of directors of the Corporation Directors may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors of the Corporation Directors or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C [H] Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Huntington Bancshares Inc/Md)

Partial Redemption. In case of any redemption of only part of the shares of Series C Y Preferred Stock at the time outstanding, the shares of Series C Y Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C Y Preferred Stock in proportion to the number of shares of Series C Y Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C Y Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

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Partial Redemption. In case of any redemption of only part of the shares of Series C R Preferred Stock at the time outstanding, the shares of Series C R Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C R Preferred Stock in proportion to the number of shares of Series C R Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C R Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C Preferred Stock at the time outstanding, the shares of Series C Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C Preferred Stock in proportion to the number of shares of Series C Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors of the Corporation Directors or any duly authorized committee of the board Board of directors of the Corporation Directors may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors of the Corporation Directors or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Shareholder Agreement (Banco Santander, S.A.)

Partial Redemption. In case of any redemption of only part of the shares of Series C DD Preferred Stock at the time outstanding, the shares of Series C DD Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C DD Preferred Stock in proportion to the number of shares of Series C DD Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C DD Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C N Preferred Stock at the time outstanding, the shares of Series C N Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C N Preferred Stock in proportion to the number of shares of Series C N Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C N Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C E Preferred Stock at the time outstanding, the shares of Series C E Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C E Preferred Stock in proportion to the number of shares of Series C E Preferred Stock held by such holders or by lot or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C E Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Northern Trust Corp)

Partial Redemption. In case of any redemption of only part of the shares of Series C BB Preferred Stock at the time outstanding, the shares of Series C BB Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C BB Preferred Stock in proportion to the number of shares of Series C BB Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C BB Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C Q Preferred Stock at the time outstanding, the shares of Series C Q Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C Q Preferred Stock in proportion to the number of shares of Series C Q Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C Q Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C W Preferred Stock at the time outstanding, the shares of Series C W Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C W Preferred Stock in proportion to the number of shares of Series C W Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C W Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C AA Preferred Stock at the time outstanding, the shares of Series C AA Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C AA Preferred Stock in proportion to the number of shares of Series C AA Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ New York Stock Exchange as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C AA Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

Partial Redemption. In case of any redemption of only part of the shares of Series C S Preferred Stock at the time outstanding, the shares of Series C S Preferred Stock to be redeemed shall be selected either pro rata from the holders of record of Series C S Preferred Stock in proportion to the number of shares of Series C S Preferred Stock held by such holders or in such other manner consistent with the rules and policies of the NASDAQ as the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors of the Corporation may determine to be fair and equitable. Subject to the provisions of this Section 6, the board Board of directors Directors of the Corporation or any duly authorized committee of the board Board of directors Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series C S Preferred Stock shall be redeemed from time to time.

Appears in 1 contract

Samples: Deposit Agreement (Wells Fargo & Company/Mn)

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