Class A Preferred Stock definition

Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Class A Preferred Stock means the shares of class A preferred stock, par value $0.001 per share, of CT Legacy REIT Mezz Borrower and the term “Stock” means each of the Class A-1 Common Stock, the Class A-2 Common Stock, the Class B Common Stock and the Class A Preferred Stock.

Class A Preferred Stock means the Corporation's Class A Preferred Stock, $1.00 par value per share.

Examples of Class A Preferred Stock in a sentence

• Dividends paid on the shares of Class A Preferred Stock in an amount less than the total amount of such dividends at the time accrued and payable on such shares shall be allocated pro rata on a share-by-share basis among all such shares at the time outstanding.

• The holders of shares of Class A Preferred Stock shall continue to have the right to elect directors as provided by the immediately preceding sentence until all accrued and unpaid Preferential Dividends upon the outstanding shares of Class A Preferred Stock shall have been paid (or set aside for payment) in full.

• Any shares of Class A Preferred Stock purchased or otherwise acquired by the Company in any manner whatsoever shall be retired and canceled promptly after the acquisition thereof.

• Preferential Dividends paid on the shares of Class A Preferred Stock in an amount less than the total amount of such dividends at the time accrued and payable on such shares shall be allocated pro rata on a share-by-share basis among all such shares at the time outstanding.

• The shares of Class A Preferred Stock shall not be redeemable at the option of the Company or any holder thereof.

More Definitions of Class A Preferred Stock

Class A Preferred Stock means the Class A Preferred Stock, par value $.01 per share, of the Corporation.

Class A Preferred Stock means the Class A Non-Voting, Non-Convertible Preferred Stock, par value $1.00 per share, of the Company.

Class A Preferred Stock means capital stock having the rights and obligations specified with respect to Class A Preferred Stock in the Charter and these Bylaws.

Class A Preferred Stock means the Corporation’s Class A Convertible Preferred Stock, $1.00 par value per share.

Class A Preferred Stock shall have the meaning assigned to such term in Section 1.5(a)(ii) hereof.

Class A Preferred Stock has the meaning set forth in Section 3.2(a).

Class A Preferred Stock see the recitals to this Agreement.