Examples of Series B Voting Preferred Stock in a sentence
As of November 30, 2001, (A) 254,423,819 shares of Conexant Common Stock and (B) one share of Conexant Preferred Stock designated as "Series B Voting Preferred Stock" were issued and outstanding and no other shares of capital stock of Conexant were issued and outstanding.
To record the conversion of Acquisition Class B Preferred Stock to Series B Voting Preferred Stock of the Surviving Corporation.
The PRA assesses the impact of its policy on regulated firms and the wider economy.
Shares of the Series B Voting Preferred Stock shall be dated the date of issue.
The distinctive serial designation of this series shall be "Series B Voting Preferred Stock" (hereinafter called "Series B Stock").
In the event of any vacancy created by the departure of a Series B Director for any reason, any replacement for such departing Series B Director shall be designated and elected by Holders of Series B Voting Preferred Stock.
The stated par value of the Series B Voting Preferred Stock shall be $0.001 per share.
The holders of shares of Series B Voting Preferred Stock shall not be entitled to receive any dividends.
In exercising any vote permitted by the foregoing, each outstanding share of Series A Voting Preferred Stock and Series B Voting Preferred Stock permitted to vote shall be entitled to one vote.
The Indebtedness shall be, and hereby is, converted to 1,000 shares of the Company’s Series B Voting Preferred Stock (the “Shares”).