Examples of Premier Preferred Stock in a sentence
Premier does not have any other shares of Premier Common Stock or Premier Preferred Stock or any other capital stock issued or outstanding.
Neither the holders of Premier Common Stock or Premier Preferred Stock have any preemptive rights with respect to the issuance of additional authorized shares of Premier Common Stock.
Common Stock, Premier Common Stock and Premier Preferred Stock; Treatment of GPF Common Stock.
Premier shall have completed the issuance to the United States Treasury of $24,000,000 of Premier Preferred Stock and warrants for the purchase of Premier Common Stock with an aggregate market price equal to 15% of such Premier Preferred Stock pursuant to the CPP upon terms and conditions set forth in the CPP purchase documents.
Since the issuance of the outstanding shares of the Premier Preferred Stock, regular quarterly dividends of $0.578125 per share have been paid (the most recent such dividend was declared on January 6, 2003, payable on January 31, 2003 to shareholders of record on January 16, 2003).
All dividends payable to the holders of Grand Premier Preferred Stock have been paid in full.
Any shares of Grand Premier Preferred Stock held by a holder who shall not have voted the shares in favor of this Plan of Merger and who shall be eligible for and shall have complied with the applicable procedures of Section 262 of the DGCL and who shall not have withdrawn his or her demand for appraisal and accepted the Merger pursuant to Section 262 of the DGCL ("Dissenting Shares") shall, at and after the Effective Time, have the status of authorized but unissued shares of the Surviving Corporation.
As of the date of this Agreement, there are 552,000 shares of Premier Preferred Stock outstanding, 3,452,273 shares of Premier Common Stock validly issued, fully paid and non-assessable, and 109,858 shares are held as treasury shares.
Each share of Grand Premier Common Stock and Grand Premier Preferred Stock (collectively, "Grand Premier Capital Stock"), if any, held by Old Kent or any of its subsidiaries for its own account, and not in a fiduciary or representative capacity for a person other than Old Kent or any of its subsidiaries, shall be canceled and no consideration shall be issuable or payable with respect to any such share.
The outstanding shares of Premier's Series A 9.25% Non-Cumulative Perpetual Preferred Stock (the "Premier Preferred Stock") shall not be converted into Xxxxxx Common Stock as part of the Merger.