Cumulative Preferred Stock definition

Cumulative Preferred Stock means the Cumulative Preferred Stock, par value of $1.00 each, of the Corporation.
Cumulative Preferred Stock means the ____% Cumulative Preferred Stock, par value $.001 per share, of the Corporation.
Cumulative Preferred Stock means the Class A Cumulative Preferred Stock, par value $1.00 per share, of the Corporation.

Examples of Cumulative Preferred Stock in a sentence

  • Dividends on shares of the Cumulative Preferred Stock will be cumulative from the date of initial issuance of such shares of Cumulative Preferred Stock.

  • If fewer than all the outstanding shares of Cumulative Preferred Stock are to be redeemed, the Corporation will select those to be redeemed by lot or a substantially equivalent method.

  • If full cumulative dividends on the Cumulative Preferred Stock have not been paid, the Cumulative Preferred Stock may not be redeemed in part and the Corporation may not purchase or acquire any shares of the Cumulative Preferred Stock otherwise than pursuant to a purchase or exchange offer made on the same terms to all holders of the Cumulative Preferred Stock.

  • Subject to the foregoing, on or after such date, shares of the Cumulative Preferred Stock are redeemable at $200.00 per share together with an amount equal to all dividends (whether or not earned or declared) accrued and accumulated and unpaid to, but excluding, the date fixed for redemption.

  • The holders of the Cumulative Preferred Stock will not be entitled to receive the Liquidation Preference until the liquidation preference of any other class of stock of the Corporation ranking senior to the Cumulative Preferred Stock as to rights upon liquidation, dissolution or winding up shall have been paid (or a sum set aside therefor sufficient to provide for payment) in full.


More Definitions of Cumulative Preferred Stock

Cumulative Preferred Stock means the 12% Cumulative Preferred Stock of Holdings with an aggregate liquidation preference on the Effective Date of $209,000,000.
Cumulative Preferred Stock means the Cumulative Preferred Stock of the Company, par value $1.00 per share and issuable in one or more series.
Cumulative Preferred Stock means the Borrower's Series A Cumulative Convertible Preferred Stock, par value $0.01 per share, having the rights, preferences, privileges and restrictions set forth in the Certificate of Designations.
Cumulative Preferred Stock means the Issuer's Series A Cumulative Convertible Preferred Stock, par value $0.01 per share, having the rights, preferences, privileges and restrictions set forth in the Certificate of Designations therefor filed with the Secretary of State of Delaware.
Cumulative Preferred Stock means the _____% Cumulative Preferred Stock, par value $.01 per share, of the Corporation.
Cumulative Preferred Stock means the 180,000 shares of $1,000 liquidation preference cumulative redeemable preferred stock, par value $0.10 per share, of Holdings, authorized by the Certificate of Designations.
Cumulative Preferred Stock means the 11.5% cumulative preferred stock of Holdings, $.001 par value per share, issued pursuant to the Cumulative Preferred Stock Certificate of Designation.