Examples of Bank Class D Preferred Shares in a sentence
The issuance of the Bank Class D Preferred Shares has been duly authorized by the Board of Directors of the Bank.
In the event of a Conditional Exchange, any accrued and unpaid dividends on the Class D Preferred Shares as of the Effective Time of Exchange shall be deemed to be accrued and unpaid dividends on the Bank Class D Preferred Shares.
The preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of the Bank Class D Preferred Shares shall be as set forth in the Amended and Restated Articles of Association of the Bank, which have been filed with the OCC.
As of the Effective Time of Exchange, all of the Class D Preferred Shares will be deemed canceled without any further action on the part of the Corporation or any other Person, all rights of the holders of the Class D Preferred Shares as stockholders of the Corporation shall cease, and such persons shall thereupon and thereafter be deemed to be and shall be for all purposes the holders of Bank Class D Preferred Shares.
Until such replacement share certificates are delivered (or in the event such replacement certificates are not delivered), certificates previously representing the Class D Preferred Shares shall be deemed for all purposes to represent Bank Class D Preferred Shares.
All corporate action necessary for the Bank to issue the Bank Class D Preferred Shares as of the Effective Time of Exchange was completed prior to or concurrently with issuance of the Class D Preferred Shares.
Each such notice shall indicate the place or places where certificates for the Class D Preferred Shares are to be surrendered by the holders thereof, and the Bank shall deliver to each such holder certificates for Bank Class D Preferred Shares upon surrender of certificates for the Class D Preferred Shares.
In the event of a Conditional Exchange, any accrued and unpaid dividends on the Class E Preferred Shares as of the Effective Time of Exchange shall be deemed to be accrued and unpaid dividends on the Bank Class D Preferred Shares.
The preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of the Bank Class D Preferred Shares shall be as set forth in the Amended and Restated Articles of Association of the Bank, which have been filed -26- 27 with the OCC.
All corporate action necessary for the Bank to issue the Bank Class D Preferred Shares as of the Effective Time of Exchange was completed prior to or concurrently with issuance of the Class E Preferred Shares.