Redemption of Class C Stock. Pursuant to Section 411 of the Act and Section 2.2 of the Bylaws, after payment of all of the Bank’s liabilities, redemption of all outstanding Class A Stock, redemption of outstanding Class B Stock and monetary set aside for any unredeemed Class B Stock, all of the Holder’s Class C Stock shall be redeemed from the remaining funds in the Liquidating Account as follows:
Appears in 3 contracts
Samples: Stock Redemption Agreement, Stock Redemption Agreement (North Pittsburgh Systems Inc), Stock Redemption Agreement (Shenandoah Telecommunications Co/Va/)
Redemption of Class C Stock. Pursuant to Section 411 of the Act and Section 2.2 of the Bylaws, after payment of all of the Bank’s 's liabilities, redemption of all outstanding Class A Stock, redemption of outstanding Class B Stock and monetary set aside for any unredeemed Class B Stock, all of the Holder’s 's Class C Stock shall be redeemed from the remaining funds in the Liquidating Account as follows:
Appears in 1 contract
Samples: Stock Redemption Agreement (Citizens Communications Co)
