Common use of Whenever Preferential Dividends or Dividends Clause in Contracts

Whenever Preferential Dividends or Dividends. are in arrears or the Company shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series A Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series A Preferred Stock may have in such circumstances, the Company shall not

Appears in 2 contracts

Samples: Rights Agreement (Six Flags Inc), Rights Agreement (Six Flags Inc)

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Whenever Preferential Dividends or Dividends. are in arrears or the Company Corporation shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series A Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series A Preferred Stock may have in such circumstances, the Company Corporation shall not:

Appears in 2 contracts

Samples: Rights Agreement (Delphi Automotive Systems Corp), Rights Agreement (Delphi Automotive Systems Corp)

Whenever Preferential Dividends or Dividends. are in arrears or the Company shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series A Junior Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series A Junior Preferred Stock may have in such circumstances, the Company shall not

Appears in 2 contracts

Samples: Rights Agreement (Minerals Technologies Inc), Rights Agreement (Minerals Technologies Inc)

Whenever Preferential Dividends or Dividends. are in arrears or the Company shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series A Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series A Preferred Stock may have in such circumstances, the Company shall not:

Appears in 2 contracts

Samples: Corrected Version Agreement (Grand Union Co /De/), Rights Agreement (Westinghouse Electric Corp)

Whenever Preferential Dividends or Dividends. are in arrears or the Company Corporation shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series A B Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series A B Preferred Stock may have in such circumstances, the Company Corporation shall not:

Appears in 1 contract

Samples: Rights Agreement (Gentiva Health Services Inc)

Whenever Preferential Dividends or Dividends. are in arrears or the Company Corporation shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series A D Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series A D Preferred Stock may have in such circumstances, the Company Corporation shall not:

Appears in 1 contract

Samples: Rights Agreement (Columbia Laboratories Inc)

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Whenever Preferential Dividends or Dividends. are in arrears or the Company Corporation shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series A B Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series A B Preferred Stock may have in such circumstances, the Company Corporation shall not

Appears in 1 contract

Samples: Rights Agreement (Vitalworks Inc)

Whenever Preferential Dividends or Dividends. are in arrears or the Company Corporation shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series A S Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series A S Preferred Stock may have in such circumstances, the Company Corporation shall not:

Appears in 1 contract

Samples: Rights Agreement (Summit Bancorp/Nj/)

Whenever Preferential Dividends or Dividends. are in arrears or the Company shall be in default of payment thereof, thereafter and until all accrued and unpaid Preferential Dividends and Dividends, whether or not declared, on shares of Series Class A Preferred Stock outstanding shall have been paid or set irrevocably aside for payment in full, and in addition to any and all other rights which any holder of shares of Series Class A Preferred Stock may have in such circumstances, the Company shall not

Appears in 1 contract

Samples: Rights Agreement (Cutter & Buck Inc)

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