Examples of Class C Preferred Stock in a sentence
For purposes of these Bylaws, except for the Class E Preferred Stock held by Blocker Sub and the Class C Preferred Stock held by Management Company, shares of capital stock held by the Company or any of its Subsidiaries shall be deemed not to be outstanding.
The parties hereby agree that the shares of Class C Preferred Stock to be issued to Officers Nominees Limited may be issued to the executives or officers or persons connected with them as permitted by the rules of the relevant co-investment schemes for which it acts as nominee, provided, that no issuance or transfer shall be made in violation of the terms of Section 3 hereof.
Liquidation Rights Series - 1 Class B Preferred Stock will have a preference to distributions of residual proceeds in a company sale or liquidation event relative to all patron member shares, Class C Preferred Stock, and Class D Preferred Stock.
The Company is authorized to issue 5,000,000 shares of preferred stock, no par value, of which 1,500,000 shares were designated as Series A-1 Preferred Stock and 2,000,000 shares were designated as Class C Preferred Stock.
Without limiting the generality of the foregoing, the initial classes of Preferred Stock shall be designated Class A Preferred Stock, Class B Preferred Stock, and Class C Preferred Stock.