Examples of Series B Preference in a sentence
Any shares of Series B Preference Stock purchased or otherwise acquired by the Corporation in any manner whatsoever shall be retired and cancelled promptly after the acquisition thereof.
The Series B Preference Units shall not have the benefit of any sinking fund.
The Series B Preference Units represent perpetual equity interests in the Partnership and shall not give rise to a claim by the holder for redemption thereof at a particular date.
All notices or communications in respect of the Series B Preference Units shall be sufficiently given if given in writing and delivered in person or by first class mail, postage prepaid, or if given in such other manner as may be permitted in this Article XVII, this Agreement or by applicable law.
The Partnership shall have the right at any time, and from time to time, on or after March 15, 2023 to redeem the Series B Preference Units, in whole or in part, from any source of funds legally available for such purpose.