Common use of Residual Distributions Clause in Contracts

Residual Distributions. If the liquidation preference plus any authorized, declared and unpaid dividends has been paid in full to all holders of Series C Preferred Stock, the holders of shares of Series C Preferred Stock will not be entitled to any further participation in any distribution of assets by the Corporation.

Appears in 4 contracts

Samples: Deposit Agreement (Huntington Bancshares Inc /Md/), Deposit Agreement (Huntington Bancshares Inc /Md/), Merger Agreement (TCF Financial Corp)

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Residual Distributions. If the liquidation preference plus any authorized, declared and unpaid dividends has been paid in full to all holders of Series C I Preferred Stock, the holders of shares of Series C I Preferred Stock will not be entitled to any further participation in any distribution of assets by the Corporation.

Appears in 2 contracts

Samples: Deposit Agreement (Huntington Bancshares Inc /Md/), Deposit Agreement (Huntington Bancshares Inc /Md/)

Residual Distributions. If the liquidation preference plus any authorized, declared and unpaid dividends has been paid in full to all holders of Series C A Preferred Stock, the holders of shares of Series C A Preferred Stock will not be entitled to any further participation in any distribution of assets by the Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Mb Financial Inc /Md), Merger Agreement (Taylor Capital Group Inc)

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Residual Distributions. If the liquidation preference plus any authorized, declared and unpaid dividends has been paid in full to all holders of Series C [H] Preferred Stock, the holders of shares of Series C [H] Preferred Stock will not be entitled to any further participation in any distribution of assets by the Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Huntington Bancshares Inc/Md), Merger Agreement (TCF Financial Corp)

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