Examples of Series B Redemption Date in a sentence
The Series B Preferred Stock will be convertible by the holder pursuant to Section 8(a) until the close of business on the second business day prior to the Series B Redemption Date (unless the Company defaults in the payment of the redemption price, in which case a holder of Series B Preferred Stock may convert such shares until the redemption price has been paid or duly provided for).
The Company shall give notice of any redemption not less than 30 days and not more than 60 days before the scheduled Series B Redemption Date, to the Holders of Series B Preferred Stock to be redeemed, as such Holders’ names appear on the Company’s share transfer books maintained by its Registrar and Transfer Agent, at the address of such Holders shown therein.
If the Series B Redemption Date is after a Record Date and before the related Quarterly Dividend Date, the dividend payable on such Quarterly Dividend Date shall be paid to the holder in whose name the Series A Preferred Shares to be redeemed are registered at the close of business on such Record Date notwithstanding the redemption thereof between such Record Date and the related Quarterly Dividend Date or the Corporation’s default in the payment of the dividend due.
Notice of any redemption will be mailed by the Corporation, postage prepaid, not less than 30 nor more than 60 days prior to the Series B Redemption Date, addressed to each holder of record of the Series B Preferred Shares to be redeemed at the address set forth in the share transfer records of the Corporation.
So long as the Series B Preferred Units are held in book-entry form with the Series B Transfer Agent, the Series B Redemption Price shall be paid by the Partnership through the Series B Transfer Agent to the Series B Holders on the Series B Redemption Date; provided that, at any time the General Partner is acting in the capacity of the Series B Transfer Agent, the Series B Redemption Price shall be paid by the Partnership directly to the Series B Holders on the Series B Redemption Date.