Class E Preferred Stock definition
Examples of Class E Preferred Stock in a sentence
Class E Preferred Stock shall be retired in accordance with the provisions of any agreement entered into between the Association and the Bank in consideration of the Bank providing financial assistance to the Association.
The terms of the agreement shall determine whether any issue of Class E Preferred Stock shall be counted as Association permanent capital.
The Class D Preferred Stock and Class E Preferred Stock, including any redemptions (except as set forth below), puts and calls and any Subordinated Put Notes issued pursuant to such puts, are subject to the terms and restrictions contained in the Financing Agreements.
The conversion ratio in effect from time to time for the conversion of Class E Partnership Preferred Units into Partnership Common Units pursuant to this Section 9 shall at all times be equal to, and shall be automatically adjusted as necessary to reflect, the conversion ratio in effect from time to time for the conversion of Class E Preferred Stock into Common Stock.
Each such distribution shall be payable to the holders of record of the Class E Partnership Preferred Units, as they appear on the records of the Partnership at the close of business on the record date for the dividend payable with respect to the Class E Preferred Stock on such Distribution Payment Date.