Examples of Auction Market Preferred Shares in a sentence
The Trust intends to issue one series of Auction Market Preferred Shares, par value $0.01 per share, liquidation preference $25,000 per share, designated Series A (the “AMPS”).
The rights, preferences and limitations of the Shares are set forth in a Statement of Preferences of Auction Market Preferred Shares (the "Statement").
Steers Title: Secretary TRANSFER FORM FOR VALUE RECEIVED, ____________________________ hereby sells, assigns and transfers unto _________ ______ Series T28 Taxable Auction Market Preferred Shares represented by this Certificate, and does hereby irrevocably constitute and appoint ___________________________ attorney to transfer said Shares on the books of the within named Fund with full power of substitution in the premises.
Second: The Auction Market Preferred Shares shall be issuable in such series as are designated from time to time by the Board and shall have the preferences, voting powers, restrictions, limitations as to dividends, qualifications, terms and conditions of redemption, and other rights and limitations set forth in this Statement.
Steers Title: Secretary TRANSFER FORM FOR VALUE RECEIVED, ____________________________ hereby sells, assigns and transfers unto _______________ Series M28 Taxable Auction Market Preferred Shares represented by this Certificate, and does hereby irrevocably constitute and appoint ___________________________ attorney to transfer said Shares on the books of the within named Fund with full power of substitution in the premises.
Steers Title: Secretary TRANSFER FORM FOR VALUE RECEIVED, ____________________________ hereby sells, assigns and transfers unto _________ ______ Series W28 Taxable Auction Market Preferred Shares represented by this Certificate, and does hereby irrevocably constitute and appoint ___________________________ attorney to transfer said Shares on the books of the within named Fund with full power of substitution in the premises.
Dated: _____________________, _______ In presence of: --------------------- -------------------- Series M28 Taxable Auction Market Preferred Shares evidenced by this Certificate may be sold, transferred or otherwise disposed of only pursuant to the provisions of the Fund's Articles Supplementary Creating and Fixing the Rights of Series M28 Taxable Auction Market Preferred Shares, a copy of which may be obtained at the office of the State Department of Assessments and Taxation of Maryland.
In partial consideration of Array’s performance of its obligations under the Discovery Program and the rights and licenses granted by Array to Celgene in this Agreement, Celgene shall pay to Array an initial fee of Forty Million Dollars ($40,000,000) within ten (10) days following the Effective Date in accordance with the payment provisions of Article 7.
Second: That, effective May 4, 2002, the Board of Trustees of the Trust authorized and designated an unlimited number of the AMPS as Auction Market Preferred Shares, Series M, and an unlimited number of the AMPS as Auction Market Preferred Shares, Series W.
A class of 850 preferred shares of beneficial interest, $.01 par value, liquidation preference $100,000 per share, is hereby designated "Auction Market Preferred Shares" (hereinafter, "AMPS").