Examples of Perpetual Preferred Shares in a sentence
There is hereby created out of the authorized and unissued preferred shares of the Corporation a series of preferred shares designated as the “Fixed Rate Cumulative Perpetual Preferred Shares, Series A” (the “Designated Preferred Stock”).
There is hereby created out of the authorized and unissued preferred shares of the Corporation a series of preferred shares designated as the “6.50% Noncumulative Convertible Perpetual Preferred Shares, Series A” (the “Series A Preferred Shares”).
There is hereby created out of the authorized and unissued preferred shares of the Corporation a series of preferred shares designated as the “6.50% Noncumulative Redeemable Convertible Perpetual Preferred Shares, Series B” (the “Series B Preferred Shares”).
The Holders of Perpetual Preferred Shares shall have no rights to cumulative voting.
Except as otherwise provided herein or required by law, the Series C Perpetual Preferred Shares shall vote together with the Common Shares as one class in the election of directors of the Company and on all other matters submitted to a vote of the shareholders.
Holders of Non-Cumulative Perpetual Preferred Shares will have no right to require redemption or repurchase of any shares of Non-Cumulative Perpetual Preferred Shares.
The Board of Directors may also elect to designate one or more other NRSROs as Rating Agencies hereunder with respect to a Series of Perpetual Preferred Shares by notice to the Holders of the Perpetual Preferred Shares.
Food Processing IngredientsThe Singapore food processing industry is relatively small.
Except as otherwise provided herein or required by law, holders of Series C Perpetual Preferred Shares shall have no special voting rights and their consent shall not be required (except to the extent they are entitled to vote with holders of Class A Common Shares as set forth herein) for taking any corporate action.
The Board of Directors of the Corporation hereby designates and creates a series of Preferred Shares to be designated as “Series C Perpetual Preferred Shares,” and fixes the preferences, rights, powers and duties of the holders of the Series C Perpetual Preferred Shares as set forth in this Certificate of Designation.