Common use of Designation and Number of Shares Clause in Contracts

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●].

Appears in 27 contracts

Samples: Letter Agreement, Securities Purchase Agreement, Letter Agreement

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Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●].

Appears in 13 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series [●]” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●].

Appears in 6 contracts

Samples: Letter Agreement, Securities Purchase Agreement, Securities Purchase Agreement

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of senior preferred stock designated as the “Fixed Rate Senior Non-Cumulative Perpetual Preferred Stock, Series [●]” (the “Designated Senior Preferred Stock”). The authorized number of shares of Designated Senior Preferred Stock shall be [●].

Appears in 3 contracts

Samples: Securities Purchase Agreement (Ponce Financial Group, Inc.), Letter Agreement (Broadway Financial Corp \De\), Securities Purchase Agreement (PCB Bancorp)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Senior Non-Cumulative Perpetual Preferred Stock, Series [●]” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●].

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sunshine Bancorp, Inc.), Securities Purchase Agreement (First Pactrust Bancorp Inc)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]A” (the “Designated Preferred Stock”). The authorized number of shares of the Designated Preferred Stock shall be [●]10,000.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Center Bancorp Inc), Agreement and Plan of Merger (ConnectOne Bancorp, Inc.)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Senior Non-Cumulative Perpetual Preferred Stock, Series [●]D” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]37,935.

Appears in 2 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (First NBC Bank Holding Co)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]A” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]13,500.

Appears in 1 contract

Samples: Letter Agreement (Oak Valley Bancorp)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●[ ]” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]( ).

Appears in 1 contract

Samples: Exchange Agreement

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]A” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]37,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Defiance Financial Corp)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the "Series D Fixed Rate Cumulative Perpetual Mandatorily Convertible Preferred Stock, Series [●]” " (the "Designated Preferred Stock"). The authorized number of shares of Designated Preferred Stock shall be [●], none of which has been issued.

Appears in 1 contract

Samples: Exchange Agreement

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]A” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]216,000.

Appears in 1 contract

Samples: Letter Agreement (International Bancshares Corp)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the "Fixed Rate Cumulative Perpetual Mandatorily Convertible Preferred Stock, Series [●]” B" (the "Designated Preferred Stock"). The authorized number of shares of Designated Preferred Stock shall be [●].n].1

Appears in 1 contract

Samples: Exchange Agreement (Independent Bank Corp /Mi/)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]A” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]8,000.

Appears in 1 contract

Samples: Investment Agreement (River Valley Bancorp)

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Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer Corporation a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series []” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [].

Appears in 1 contract

Samples: Securities Purchase Agreement (Morgan Stanley)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of senior preferred stock designated as the “Fixed Rate Senior Non-Cumulative Perpetual Preferred Stock, Series [●]1” (the “Designated Senior Preferred Stock”). The authorized number of shares of Designated Senior Preferred Stock shall be [●].

Appears in 1 contract

Samples: Securities Purchase Agreement (Bancplus Corp)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock Serial Preferred Stock of the Issuer a series of preferred stock Serial Preferred Stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●].

Appears in 1 contract

Samples: Exchange Agreement

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]A” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]5,500.

Appears in 1 contract

Samples: Securities Purchase Agreement

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock Preferred Stock of the Issuer Corporation a series of preferred stock Preferred Stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]A” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]24,900.

Appears in 1 contract

Samples: Investment Agreement (Crescent Financial Corp)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●[ ]” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●].

Appears in 1 contract

Samples: Exchange Agreement

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Cumulative Perpetual Preferred Stock, Series [●]B” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]275.

Appears in 1 contract

Samples: Securities Purchase Agreement

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Senior Non-Cumulative Perpetual Preferred Stock, . Series []” (the “Designated Preferred Stock). The authorized number of shares of Designated Preferred Stock shall be [].

Appears in 1 contract

Samples: Securities Purchase Agreement (First Pactrust Bancorp Inc)

Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of preferred stock of the Issuer a series of preferred stock designated as the “Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series [●]C” (the “Designated Preferred Stock”). The authorized number of shares of Designated Preferred Stock shall be [●]30,852.

Appears in 1 contract

Samples: Securities Purchase Agreement (Simmons First National Corp)

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