No Redemption; No Sinking Fund Sample Clauses

No Redemption; No Sinking Fund. (a) The shares of Series A Preferred Stock shall not be subject to redemption by the Corporation or at the option of any holder of Series A Preferred Stock; provided, however, that the Corporation may purchase or otherwise acquire outstanding shares of Series A Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Preferred Stock. (b) The shares of Series A Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.
AutoNDA by SimpleDocs
No Redemption; No Sinking Fund. (a) The shares of Series A Junior Participating Preferred Stock shall not be subject to redemption by the Company or at the option of any holder of Series A Junior Participating Preferred Stock; provided, however, that, subject to Section 3(a)(iv), the Company may purchase or otherwise acquire outstanding shares of Series A Junior Participating Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Junior Participating Preferred Stock. (b) The shares of Series A Junior Participating Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.
No Redemption; No Sinking Fund. (a) The shares of Series A Preferred Stock shall not be subject to redemption by the Company or at the option of any holder of Series A Preferred Stock; PROVIDED, HOWEVER, that, subject to Section 4(a)(iv), the Company may purchase or otherwise acquire outstanding shares of Series A Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Preferred Stock. (b) The shares of Series A Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.
No Redemption; No Sinking Fund a. The shares of this Series shall not be subject to redemption by the Corporation or at the option of any holder of this Series; PROVIDED, HOWEVER, that the Corporation may purchase or otherwise acquire outstanding shares of this Series in the open market or by offer to any holder or holders of shares of this Series. b. The shares of this Series shall not be subject to or entitled to the operation of a retirement or sinking fund.
No Redemption; No Sinking Fund. The Securities shall not be redeemable by the Company prior to the Maturity Date; and no sinking fund is provided for the Securities.
No Redemption; No Sinking Fund. (a) The shares of Class One Preferred Stock shall not be subject to redemption by the Corporation or at the option of any holder of Class One Preferred Stock; provided, however, that the Corporation may purchase or otherwise acquire outstanding shares of Class One Preferred Stock in the open market or by offer to any holder or holders of shares of Class One Preferred Stock. (b) The shares of Class One Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.
AutoNDA by SimpleDocs
No Redemption; No Sinking Fund. (a) The shares of Series D Preferred Stock shall not be redeemable. (b) The shares of Series D Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.
No Redemption; No Sinking Fund. Articles 11 and 12 of the Base Indenture shall not apply to the Notes. The Notes shall not be redeemable by the Company prior to the Maturity Date, and no sinking fund is provided for the Notes.
No Redemption; No Sinking Fund. (a) The shares of Series B Preferred Stock shall not be subject to redemption by the Corporation; PROVIDED, HOWEVER, that the Corporation may purchase or otherwise acquire outstanding shares of Series B Preferred Stock in the open market or by offer to any holder or holders of shares of Series B Preferred Stock. (b) The shares of Series B Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!