Examples of Designated Preferred Stock in a sentence
Each share of Designated Preferred Stock shall be identical in all respects to every other share of Designated Preferred Stock.
The Designated Preferred Stock will not be subject to any mandatory redemption, sinking fund or other similar provisions.
The shares of Designated Preferred Stock shall not have any rights, preferences, privileges or voting powers or relative, participating, optional or other special rights, or qualifications, limitations or restrictions thereof, other than as set forth herein or in the Charter or as provided by applicable law.
Any notice mailed as provided in this Subsection shall be conclusively presumed to have been duly given, whether or not the holder receives such notice, but failure duly to give such notice by mail, or any defect in such notice or in the mailing thereof, to any holder of shares of Designated Preferred Stock designated for redemption shall not affect the validity of the proceedings for the redemption of any other shares of Designated Preferred Stock.
The holders of Designated Preferred Stock shall not have any voting rights except as set forth below or as otherwise from time to time required by law.