Common use of Preferred Share Provisions Clause in Contracts

Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: - will not be redeemable. - will entitle holders to dividends equal to the dividends, if any, paid on one share of common stock. - will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. - will have the same voting power as one share of common stock. - will entitle holders to a per share payment equal to the payment made on one share of common stock, if shares of our common stock are exchanged via merger, consolidation, or a similar transaction. The value of one one-hundredth interest in a Preferred Share is expected to approximate the value of one share of common stock.

Appears in 1 contract

Samples: Century Aluminum Co

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Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: - will not be redeemable. - redeemable ● will entitle holders to dividends an amount equal to the dividends, if any, dividend paid on one share of common stock. - Common Stock (if any) ● will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. - Common Stock ● will have the same voting power as one share of common stock. - Common Stock ● will entitle holders to a per share payment equal to the payment made on one share of common stockCommon Stock, if shares of our common stock Common Stock are exchanged via merger, consolidation, conversion, share exchange, or a similar transaction. The value of one one-hundredth thousandth interest in a Preferred Share is expected to should approximate the value of one share of common stockCommon Stock.

Appears in 1 contract

Samples: Rights Agreement (Centex Corp)

Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: - will not be redeemable. - will entitle holders to dividends equal to the dividends, if any, paid on one share of common stock. - will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. - will have the same voting power as one share of common stock. - will entitle holders to a per share payment equal to the payment made on one share of common stock, if shares of our common stock are exchanged via merger, consolidation, or a similar transaction. The value of one one-hundredth interest in a Preferred Share is expected to approximate the value of one share of common stock.

Appears in 1 contract

Samples: Mirant Corp

Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: - will not be redeemable. - will entitle holders to dividends quarterly dividend payments of $0.001 per share, or an amount equal to the dividends, if any, dividend paid on one share of common stockCompany Common Stock, whichever is greater. - will entitle holders upon liquidation either to receive $1 10.00 per share share, or an amount equal to the payment made on one share of common stockCompany Common Stock, whichever is greater. - will have the same voting power as one share of common stockCompany Common Stock. - • if shares of Company Common Stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock, if shares of our common stock are exchanged via merger, consolidation, or a similar transactionCompany Common Stock. The value of one one-hundredth thousandth interest in a Preferred Share is expected to should approximate the value of one share of common stockCompany Common Stock.

Appears in 1 contract

Samples: Rights Agreement (Wesco International Inc)

Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: - · will not be redeemable. - · will entitle holders to dividends equal to the dividends, if any, paid on one share of common stock. - · will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. - · will have the same voting power as one share of common stock. - · will entitle holders to a per share payment equal to the payment made on one share of common stock, if shares of our common stock are exchanged via merger, consolidation, or a similar transaction. The value of one one-hundredth thousandth interest in a Preferred Share is expected to approximate the value of one share of common stock.

Appears in 1 contract

Samples: Benefit Preservation Plan (Ambac Financial Group Inc)

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Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: - will not be redeemable. - will entitle holders to dividends equal to the dividends, if any, paid on one share of common stock. - will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. - will have the same voting power as one share of common stock. - will entitle holders to a per share payment equal to the payment made on one share of common stock, if shares of our common stock are exchanged via merger, consolidation, or a similar transaction. The value of one one-hundredth interest in a Preferred Share is expected to approximate the value of one share of common stock.

Appears in 1 contract

Samples: Agreement (Tw Telecom Inc.)

Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: - . will not be redeemable. - . will entitle holders to dividends quarterly dividend payments of $.01 per share, or an amount equal to the dividends, if any, dividend paid on one share of common stock, whichever is greater. - . will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. - . will have the same voting power as one share of common stock. - . if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock, if shares of our common stock are exchanged via merger, consolidation, or a similar transaction. The value of one one-hundredth interest in a Preferred Share is expected to should approximate the value of one share of common stock.

Appears in 1 contract

Samples: Rights Agreement (FMC Technologies Inc)

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