Series B Articles Supplementary definition

Series B Articles Supplementary means the Articles Supplementary of the General Partner in connection with its Series B Preferred Shares, as filed with the Maryland Department of Revenue and Taxation on November 12, 1998.

Series B Articles Supplementary means the Articles Supplementary of the General Partner in connection with its REIT Series B Preferred Shares, as filed with the Maryland State Department of Assessments and Taxation on July 25, 2005.

Series B Articles Supplementary means the Articles Supplementary of the General Partner setting forth the terms of the REIT Series B Preferred Shares, accepted for record by the SDAT on November 9, 2017 or, if applicable, the terms of the REIT Series B Preferred Shares as set forth in Article VI of the Charter.

Examples of Series B Articles Supplementary in a sentence

• Here, the Circuit Court correctly held as a matter of law that Bear Stearns, while an “advisor” to Impac in the formulation of the offering documents, was not a party to the Series B Articles Supplementary and that the shareholders to whom those Articles granted voting rights were Impac’s “counterparties” as to that provision.

• The court also noted that another section of the Series B Articles Supplementary, which pertained to the election of two directors in the event that Impac failed to pay dividends for six or more quarters, merely provided that Series B would vote “separately as a class with all series of Parity Preferred,” without requiring “the affirmative vote or consent of at least two-thirds of the [outstanding Series B] shares.” 2013 WL 605867 at *9-10.

• The key question is whether the Voting Provision required Impac to obtain the approval of holders of two-thirds of the shares of Series B, counted separately from the approval of holders of Series C shares, in order to amend the Series B Articles Supplementary.

• The Series B Articles Supplementary are also material to Impac’s assertion that the underwriters were parties to the amendment of Impac’s charter, and there is no dispute as to the language of that document, either.

• It rejected Impac’s argument that Bear Stearns should be deemed both a party to the Series B Articles Supplementary and the drafter, that the shareholders stood in the shoes of Bear Stearns, and that the Voting Provision should therefore be construed against shareholders like Mr. Timm and Camac.

More Definitions of Series B Articles Supplementary

Series B Articles Supplementary means the Articles Supplementary classifying and designating the Series B Preferred Stock and fixing distribution and other preferences and rights of the Series B Preferred Stock dated July 24, 2012 and as filed with the State Department of Assessments and Taxation of Maryland on July 25, 2012.

Series B Articles Supplementary means the Articles Supplementary establishing and fixing the Rights and Preferences of a Series of Preferred Stock, designating the rights and preferences of the 7.875% Series B Redeemable Cumulative Preferred Stock, filed as part of the Parent’s Charter with the State Department of Assessments and Taxation of Maryland on March 10, 2015.

Series B Articles Supplementary means the Articles Supplementary classifying the Series B Preferred Stock.

Series B Articles Supplementary means the Articles Supplementary of VineBrook Homes Trust, Inc., a Maryland corporation, filed with the State Department of Assessments and Taxation of the State of Maryland on July 31, 2023, designating the terms, rights and preferences of the Series B Preferred Stock.

Series B Articles Supplementary means the Articles Supplementary setting forth the preferences, rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption of the Series B Mandatory Redeemable Preferred Stock of the Company.

Series B Articles Supplementary means the Articles Supplementary Establishing and Fixing the Rights and Preferences of a Series of Preferred Stock, designating the rights and preferences of the 5.5% Series B Cumulative Preferred Stock, filed as part of the Company’s charter with the State Department of Assessments and Taxation of Maryland, on December 4, 2015, together with the Articles Supplementary Establishing Additional Shares of Series B Preferred Stock, filed as part of the Company’s charter with the State Department of Assessments and Taxation of Maryland, on April 27, 2016 and together with the Articles Supplementary Establishing Additional Shares of Series B Preferred Stock, filed as part of the Company’s charter with the State Department of Assessments and Taxation of Maryland, on March 3, 2017.

Series B Articles Supplementary has the meaning set forth in ------------------------------- Section 1(a) hereof.