Series 1 Preferred Stock definition

Series 1 Preferred Stock means the Company's Series 1 Preferred Stock, par value $0.001 per share.

Series 1 Preferred Stock means the Series 1 Cumulative Convertible Redeemable Preferred Stock of the Corporation, par value $0.01 per share.

Series 1 Preferred Stock means the 10% Senior Series 1 Cumulative Redeemable Preferred Stock, $.01 par value per share, issued or to be issued by the Corporation.

Examples of Series 1 Preferred Stock in a sentence

• If the Bank subdivides or combine in a larger or smaller number of shares its outstanding shares of Common Stock, then the number of shares of common stock issuable upon the conversion of Series 1 Preferred Stock will be proportionately increased in the case of a subdivision and decreased in the case of a combination effective in either case at the close of business on the date that the subdivision or combination becomes effective.

• Such conversion shall be deemed to have been effected on the date on which the certificates for such shares of Series 1 Preferred Stock have been surrendered as provided above, and the person in whose name any certificate or certificates for shares of Common Stock are issuable upon such conversion shall be deemed to have become on such date the holder of record of the shares represented thereby.

• No fractional shares of Common Stock shall be issued upon any conversion of Series 1 Preferred Stock.

• No adjustment or allowance shall be made for dividends on shares of Series 1 Preferred Stock surrendered for conversion, whether accrued, accumulated or otherwise.

• If two or more shares of Series 1 Preferred Stock are surrendered for conversion at one time by the same holder, the number of full shares issuable upon the conversion of such shares shall be computed on the basis of the aggregate Original Liquidation Value (without adjustment for allowance for dividends whether accrued, accumulated or otherwise) of such shares.

More Definitions of Series 1 Preferred Stock

Series 1 Preferred Stock means the Class B, Series 1 10% Cumulative Preferred Stock, par value $1.00 per share, of the Corporation.

Series 1 Preferred Stock shall have the meaning set forth in Section 1.

Series 1 Preferred Stock means (i) the Company’s Series 1 Redeemable Convertible Non-Voting Preferred Stock, par value $0.01 per share, and (ii) any capital stock into which such Series 1 Preferred Stock shall have been changed or any capital stock resulting from a reclassification of such capital.

Series 1 Preferred Stock means our Floating Rate Non-Cumulative Preferred Stock, Series 1;

Series 1 Preferred Stock means the $0.01 par value IAC Series 1 Mandatorily Exchangeable Preferred Stock.

Series 1 Preferred Stock means our Floating RateNon-Cumulative Preferred Stock, Series 1;

Series 1 Preferred Stock means the 5% Class A Cumulative Redeemable Exchangeable Preferred Stock, $0.01 par value per share, of FCE Fuel Cell Energy Ltd.