Class D Preferred Stock definition
Examples of Class D Preferred Stock in a sentence
Except as provided in Sections B(2)(b), B(3)(a), B(5)(a) and B(5)(d) of this Article, the Class A Preferred Stock, Class B Preferred Stock, Class C Preferred Stock and Class D Preferred Stock are identical in all respects and possess the same designations, limitations and rights.
Such respective conversion factors in effect from time to time, as adjusted pursuant to the applicable provisions of this Section B(5)(d), are referred to herein as the "Conversion Factor" for the Class A Preferred Stock, the Class B Preferred Stock, the Class C Preferred Stock or the Class D Preferred Stock, as applicable.
Until the holders of the Class D Partnership Preferred Units have been paid the Liquidation Preference in full, plus an amount equal to all dividends (whether or not earned) accumulated, accrued and unpaid on the Class D Preferred Stock to the date of final distribution to such holders, no payment will be made to any holder of Junior Partnership Units upon the liquidation, dissolution or winding up of the Partnership.
Except as provided in Section B(5)(d)(i) of --------------- this Article, each share of Class A Preferred Stock, Class B Preferred Stock, Class C Preferred Stock and Class D Preferred Stock is identical in all respects and possesses the same designations, limitations and rights as each other share of Class A Preferred Stock, Class B Preferred Stock, Class C Preferred Stock and Class D Preferred Stock, as the case may be.
Each such distribution shall be payable to the holders of record of the Class D Partnership Preferred Units, as they appear on the records of the Partnership at the close of business on the record date for the dividend payable with respect to the Class D Preferred Stock on such Distribution Payment Date.