Exchangeable Preferred Stock definition
Examples of Exchangeable Preferred Stock in a sentence
The shares of Exchangeable Preferred Stock shall have no preemptive or subscription rights.
The number of directors of the Corporation is nine (9), including two (2) Class D Directors elected by holders of the Exchangeable Preferred Stock (defined below), which number may be increased or decreased only by the Board of Directors pursuant to the Bylaws of the Corporation (the “Bylaws”), but shall never be less than the minimum number required by the Maryland General Corporation Law (the “MGCL”).
Except as provided in the preceding sentence, holders of Exchangeable Preferred Stock shall not be entitled to any distribution in the event of liquidation, dissolution or winding up of the affairs of the Corporation.
The undersigned, a director and/or officer of Nextel Communications, Inc., a Delaware corporation (the "Company"), which Company intends to file with the Securities and Exchange Commission under the provisions of the Securities Act of 1933 a Registration Statement on Form S-4 or other appropriate form in connection with an exchange offer relating to the Company's Series D Exchangeable Preferred Stock, par value $.01 per share, does hereby constitute and appoint Steven M.
The undersigned, a director and/or officer of Nextel Communications, Inc., a Delaware corporation (the "Company"), which Company intends to file with the Securities and Exchange Commission under the provisions of the Securities Act of 1933 a Registration Statement on Form S-4 or other appropriate form in connection with an exchange offer related to the Company's Series E Exchangeable Preferred Stock, par value $.01 per share, does hereby constitute and appoint Steven M.