Examples of Nonvoting Preferred Stock in a sentence
When issued pursuant to the Subscription Agreement, the shares of Nonvoting Preferred Stock issued to Parent will be validly issued, fully paid and nonassessable.
Each share of Nonvoting Preferred Stock issued and outstanding at the Effective Time shall remain outstanding following the Effective Time.
A series of Preferred Stock designated “$2.60 Cumulative Nonvoting Preferred Stock, Series E” (herein called “Series E Preferred Stock”) is hereby established, consisting of 338,100 shares subject to increase or decrease in the number of shares in accordance with law.
Parent agrees that from the date hereof until the Closing, it shall not sell, pledge, dispose of, grant, transfer or encumber any of the shares of Nonvoting Preferred Stock, and shall not enter into any agreement to do any of the foregoing.
All of the issued and outstanding shares of Series A Nonvoting Preferred Stock and Common Stock of the Company have been duly authorized and validly issued and are fully paid and nonassessable and were issued in compliance with all applicable state and federal laws concerning the issuance of securities.
There is hereby created out of the authorized and unissued shares of preferred stock of the Corporation a series of preferred stock designated as the “Mandatorily Convertible Noncumulative Nonvoting Preferred Stock, Series B”, $0.10 par value per share (the “Series B Preferred Stock”).
Upon any such reduction in the Exchange Price, the number of shares of Series B Nonvoting Preferred Stock and Nonvoting Common Stock issuable upon the exchange of Notes shall be correspondingly increased.
As of September 14, 2017, 6,287,511 shares of Common Stock, 146 shares of Class B Common Stock, 382,513 shares of Class C Common Stock and 313,438 shares of Class A Non-voting Preferred Stock of the registrant were outstanding.
Poverty is concentrated in the northeastern part of the region, including Nepal, the northeastern states of India, and Bangladesh (the subregion).
The Board of Directors is expressly authorized to adopt, from time to time by resolution, the designation of one or more series of Voting Preferred Stock, or one or more series of Non-voting Preferred Stock, fixing and determining the relative rights and preferences thereof.