Parity Preferred Stock definition

Parity Preferred Stock means any class or series of equity interest of AMB now or hereafter authorized, issued or outstanding expressly designated by AMB to rank on a parity with the Series D Preferred Shares, the Series E Preferred Shares, the Series F Preferred Shares, the Series H Preferred Shares and the Series I Preferred Shares with respect to distributions and rights upon voluntary or involuntary liquidation, winding up or dissolution of AMB.

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Parity Preferred Stock means any class or series of capital stock of the Corporation established after the Initial Issue Date, the terms of which expressly provide that such class or series shall rank on a parity with the Convertible Preferred Stock as to the priority of payment of dividends and other distributions and rights upon voluntary or involuntary liquidation, winding-up or dissolution.

Parity Preferred Stock means any class or series of equity interest of AMB now or hereafter authorized, issued or outstanding expressly designated by AMB to rank on a parity with the Series C Preferred Shares, the Series D Preferred Shares and the Series E Preferred Shares with respect to distributions and rights upon voluntary or involuntary liquidation, winding up or dissolution of AMB.

Examples of Parity Preferred Stock in a sentence

• Any such amendment, alteration or repeal shall require the affirmative vote or consent of the holders of two-thirds of the shares of Series B Preferred Stock and such Parity Preferred Stock issued and outstanding at the time.

• Any such amendment, alteration or repeal shall require the affirmative vote or consent of the holders of two-thirds of the shares of Series A Preferred Stock and such Parity Preferred Stock issued and outstanding at the time.

• Any Preferred Stock Director may be removed at any time with or without cause by the vote of, and shall not be removed otherwise than by the vote of, the holders of record of a majority of the outstanding shares of Series B Preferred Stock and any other series of Parity Preferred Stock voting as a single class.

• So long as a Preferred Dividend Default shall continue, any vacancy in the office of a Preferred Stock Director may be filled by written consent of the Preferred Stock Director remaining in office, or if there is no such remaining director, by vote of holders of a majority of the outstanding shares of Series B Preferred Stock and any other such series of Parity Preferred Stock voting as a single class.

• Whether the vote or consent of the holders of a plurality, majority or other portion of the shares of Series [C] Preferred Stock and any Voting Parity Preferred Stock has been cast or given on any matter on which the Holders of shares of Series [C] Preferred Stock are entitled to vote shall be determined by the Corporation by reference to the specified liquidation amounts of the shares voted or covered by the consent.

More Definitions of Parity Preferred Stock

Parity Preferred Stock means any class or series of Preferred Stock ranking on a parity with the Series G Preferred Stock as to dividends and as to the distribution of assets upon liquidation, dissolution and winding up of the Corporation, including, without limitation, the Series E Preferred Stock, Series F Preferred Stock and, if and when issued, Series A Preferred Stock.

Parity Preferred Stock means, collectively, the Series A Preferred Stock, the Series B Cumulative Convertible Preferred Stock, par value $.01 per share, the Corporation's Series C Cumulative Convertible Preferred Stock, par value $.0l per share, the Corporation's Series D Cumulative Convertible Preferred Stock, par value $.0l per share and any other series of preferred stock which is determined to be "Parity Preferred Stock" by the Board of Directors.

Parity Preferred Stock means all classes and series of stock of the Corporation, and all classes and series of capital securities of any trust subsidiary of the Corporation, the terms of which do not expressly provide that such class or series will rank senior or junior to the Series A Stock with respect to the payments of distributions and rights to payment upon Liquidation. Without limiting the foregoing, Parity Preferred Stock shall include the Corporation’s trust preferred capital securities issued by Square 1 Financial Capital Trust I.

Parity Preferred Stock means, collectively, the Series A Preferred Stock, the Corporation's Series B Cumulative Convertible Preferred Stock, par value $.01 per share, the Series C Preferred Stock, the Series D Preferred Stock and any other series of preferred stock which is determined to be "Parity Preferred Stock" by the Board of Directors.

Parity Preferred Stock means any class or series of equity securities of the Company, including Capital Stock, the terms of which do not expressly provide that such class or series will rank senior or junior to the Series F-2 Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Company (in each case without regard to whether dividends accrue cumulatively or non-cumulatively).

Parity Preferred Stock means the series of preferred stock of the Corporation known as Convertible Preferred Stock, par value $.01 per share (the “Parity Convertible Preferred Stock”), the series of preferred stock of the Corporation known as Class C Preferred Stock, par value $.01 per share (the “Class C Preferred Stock”), and the series of preferred stock of the Corporation known as Class E preferred Stock, par value $.01 per share (the “Class E Preferred Stock”), each as issued pursuant to Article Fourth of the Corporation’s Certificate of Incorporation.

Parity Preferred Stock means any class or series of Preferred Shares now or hereafter authorized, issued or outstanding expressly designated by the General Partner to rank on a parity with REIT Series B Preferred Shares with respect to distributions and rights upon voluntary or involuntary liquidation, winding up or dissolution of the General Partner in accordance with the Series B Articles Supplementary.