Class B Preferred Stock definition

Class B Preferred Stock means the Class B Cumulative Convertible Preferred Stock, par value $0.01 per share, of the Previous General Partner.

Class B Preferred Stock means the Class B 6% Cumulative Redeemable Exchangeable Junior Preferred Stock, par value $.O1 per share, of the Corporation.

Class B Preferred Stock means the 8 1/2% Class B Cumulative Redeemable Preferred Stock, $1.00 par value per share, of the Corporation.

Examples of Class B Preferred Stock in a sentence

• The Corporation shall use its best efforts to list the shares of Common Stock required to be delivered upon conversion of the shares of Class B Preferred Stock, prior to such delivery, upon each national securities exchange, if any, upon which the outstanding shares of Common Stock are listed at the time of such delivery.

• Holders of shares of Class B Preferred Stock at the close of business on a dividend payment record date shall be entitled to receive the dividend payable on such shares on the corresponding Dividend Payment Date notwithstanding the conversion thereof following such dividend payment record date and prior to such Dividend Payment Date.

• Except as otherwise required by applicable law or as set forth herein, the Class B Preferred Stock shall not have any relative, participating, optional or other special voting rights and powers other than as set forth herein, and the consent of the holders thereof shall not be required for the taking of any corporate action.

• Subject to applicable escheat laws, any such cash unclaimed at the end of two years from the Call Date shall revert to the general funds of the Corporation, after which reversion the holders of shares of Class B Preferred Stock so called for redemption shall look only to the general funds of the Corporation for the payment of such cash.

• Holders of Class B Preferred Stock shall not be entitled to any dividends, whether payable in cash, property or stock, in excess of cumulative dividends, as herein provided, on the Class B Preferred Stock.

More Definitions of Class B Preferred Stock

Class B Preferred Stock means the Class B Compounding Cumulative Redeemable Preferred Stock, par value $0.01 per share, of the Company.

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

Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

Class B Preferred Stock means the Class B Preferred Stock, no par value per share, designated as "Class B Preferred Stock" in the Charter.

Class B Preferred Stock means the Class B Senior Preferred Stock of the corporation, $0.01 par value per share.

Class B Preferred Stock means shares of Class B Convertible Preferred Stock, par value $.01 per share, of the Company.

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