Series K Preferred Shares definition

Series K Preferred Shares means the shares of Series K ------------------------- Cumulative Convertible Redeemable Preferred Shares. "Set apart for payment" shall be deemed to include, without any action --------------------- other than the following, the recording by the Trust in its accounting ledgers of any accounting or bookkeeping entry which indicates, pursuant to a declaration of dividends or other distribution by the Board, the allocation of funds to be so paid on any series or class of Shares; provided, however, that if any funds for any class or series of Junior -------- ------- Shares or any class or series of Shares ranking on a parity with the Series K Preferred Shares as to the payment of dividends are placed in a separate account of the Trust or delivered to a disbursing, paying or other similar agent, then "set apart for payment" with respect to the Series K Preferred Shares shall mean placing such funds in a separate account or delivering such funds to a disbursing, paying or other similar agent.

Series K Preferred Shares means the Trust’s 5.60% Series K Cumulative Redeemable Convertible Preferred Shares of beneficial interest, par value $0.01 per

Series K Preferred Shares means the 4.250% Series K Cumulative Preferred Shares, par value $0.001 per share, of the Trust.

Examples of Series K Preferred Shares in a sentence

• In 2019, we issued an aggregate 43.6 million depositary shares, each representing 0.001 of a share of our Series H, Series I, Series J and Series K Preferred Shares, at an issuance price of $25.00 per depositary share, for a total of $1.09 billion in gross proceeds, and we incurred $30.8 million in issuance costs.

• Comprised of losses on the redemption of Series K Preferred Shares on March 31, 2022 and the redemption of U.S. dollar denominated Series C Preferred Shares on September 30, 2022 including an associated foreign exchange loss of approximately $69 million.

• In 2011, we redeemed our Series G, Series I and Series K Preferred Shares, at par.

• We redeemed all of our Series K Preferred Shares effective 1/21/17.

• We have examined copies of the Third Restated Articles of Incorporation and the Third Amended and Restated Bylaws of the Company, the amendment (the “Designating Amendment”) pursuant to which the terms of the Series K Preferred Shares are issued and the Deposit Agreement pursuant to which the Depositary Shares are issued and have made such further legal and factual examinations and investigations as we, in our professional judgment, have deemed appropriate to render the opinion contained herein.

• The pre-tax costs are included in the “operating and administrative” lineitem on the Consolidated Statements of Income.(6) Comprised of losses on the redemption of Series K Preferred Shares on March 31, 2022, the redemption of U.S. dollar denominated Series C Preferred Shares on September 30, 2022 including an associated foreign exchange loss of approximately $69 million, and the redemption of Series E Preferred Shares on December 31, 2023.

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• Form of certificate representing the Series K Preferred Shares, incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K filed on February 26, 2004.

• They believe there is value-creating potential in social responsibility; a corporation can maximize profits for shareholders by engaging in stakeholderism.

• Dividends on the Series K Preferred Shares are cumulative and payable quarterly in arrears.

More Definitions of Series K Preferred Shares

Series K Preferred Shares means the 5.70% Series K Cumulative Redeemable Preferred Shares of Beneficial Interest (liquidation preference $25.00 per share), no par value, issued by the General Partner.

Series K Preferred Shares shall have the meaning set forth in the recitals.

Series K Preferred Shares shall have the meaning set forth in the preamble hereto.