Examples of Series K Preferred Stock in a sentence
Each share of Series K Preferred Stock shall be identical in all respects to every other share of Series K Preferred Stock.
Shares of Series K Preferred Stock are not subject to the operation of a sinking fund.
Dividends on shares of Series K Preferred Stock shall be non-cumulative.
The Corporation shall have the authority to issue fractional shares of Series K Preferred Stock.
When dividends are not paid in full upon the shares of Series K Preferred Stock and any Parity Stock, all dividends declared upon shares of Series K Preferred Stock and any Parity Stock shall be declared on a proportional basis so that the amount of dividends declared per share will bear to each other the same ratio that accrued dividends for the then-current Dividend Period per share on Series K Preferred Stock, and accrued dividends, including any accumulations, on Parity Stock, bear to each other.