Common use of Parity Stock Clause in Contracts

Parity Stock. The term "Parity Stock" shall mean, as the case may be, (i) any class or series of stock of the Corporation which is entitled to receive payment of dividends on a parity with the Class E Preferred Stock or (ii) any class or series of stock of the Corporation which is entitled to receive assets upon liquidation, dissolution or winding up of the affairs of the Corporation on a parity with the Class E Preferred Stock. The term "Parity Stock" shall include the Class A Preferred Stock, the Class B Preferred Stock, the Class C Preferred Stock and the Class D Preferred Stock.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Kimco Realty Corp), Preferred Stock Purchase Agreement (Price Reit Inc)

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Parity Stock. The term "Parity Stock" shall mean, as the case may be, (i) any class or series of stock of the Corporation which is entitled to receive payment of dividends on a parity with the Class E D Preferred Stock or (ii) any class or series of stock of the Corporation which is entitled to receive assets upon liquidation, dissolution or winding up of the affairs of the Corporation on a parity with the Class E D Preferred Stock. The term "Parity Stock" shall include the Class A Preferred Stock, the Class B Preferred Stock, Stock and the Class C Preferred Stock and the Class D Preferred Stock.

Appears in 1 contract

Samples: Merger Agreement (Price Reit Inc)

Parity Stock. The term "Parity Stock" shall mean, as the case may be, : (i) any class or series of stock of the Corporation which is entitled to receive payment of dividends distributions on a parity with the Class E Series I Preferred Stock Stock; or (ii) any class or series of stock of the Corporation which is entitled to receive assets upon liquidation, dissolution or winding up of the affairs of the Corporation on a parity with the Class E Series I Preferred Stock. The term "Parity Stock" shall include the Class A Preferred Stockinclude, without limitation, the Class B Preferred Stock, the Class C Series G Preferred Stock and the Class D Series H Preferred Stock.

Appears in 1 contract

Samples: Merger Agreement (Glimcher Realty Trust)

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Parity Stock. The term "Parity Stock" shall mean, as the case may be, : (i) any class or series of stock of the Corporation which is entitled to receive payment of dividends distributions on a parity with the Class E Series H Preferred Stock Stock; or (ii) any class or series of stock of the Corporation which is entitled to receive assets upon liquidation, dissolution or winding up of the affairs of the Corporation on a parity with the Class E Series H Preferred Stock. The term "Parity Stock" shall include the Class A Preferred Stockinclude, without limitation, the Class B Preferred Stock, the Class C Series I Preferred Stock and the Class D Series G Preferred Stock.

Appears in 1 contract

Samples: Merger Agreement (Glimcher Realty Trust)

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