Series CC Preferred Stock definition

Series CC Preferred Stock means the Series CC Preferred Stock, $0.00001 par value per share, of the Company.

Series CC Preferred Stock means the Company’s Series CC Preferred Stock, $0.001 par value.

Series CC Preferred Stock means the preferred stock of the Company having the designations, voting power, preferences and relative, participating, optional and other special rights, qualifications, limitations and restrictions thereof as are set forth in the Certificate of Designation attached as Exhibit "C-1" and made a part hereof for all purposes.

Examples of Series CC Preferred Stock in a sentence

• Shares of Series CC Preferred Stock are not subject to the operation of a sinking fund.

• Notwithstanding the foregoing, if the Series CC Preferred Stock is held in book-entry form through DTC, the Corporation may give such notice in any manner permitted by DTC.

• Dividends on shares of Series CC Preferred Stock shall be non-cumulative.

• The holders of Series CC Preferred Stock shall not be entitled to any further payments in the event of any such voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation other than what is expressly provided for in this Section 5.

• Dividends on the Series CC Preferred Stock will not be mandatory.

• The Corporation, at the option of its Board of Directors or any duly authorized committee of the Board of Directors of the Corporation, may redeem, subject to the prior approval of the Federal Reserve Board, out of funds legally available therefor, in whole or in part, the shares of Series CC Preferred Stock at the time outstanding, at any time on any Dividend Payment Date on or after March 15, 2026, upon notice given as provided in Section 6(b) below.

• The record date for payment of dividends on the Series CC Preferred Stock shall be the last Business Day of the calendar month immediately preceding the month during which the Dividend Payment Date falls or such other date as determined by the Corporation’s Board of Directors.

• Any notice given as provided in this Section 6(b) shall be conclusively presumed to have been duly given, whether or not the holder receives such notice, but failure to duly give such notice, or any defect in such notice, to any holder of shares of Series CC Preferred Stock designated for redemption shall not affect the validity of the proceedings for the redemption of any other shares of Series CC Preferred Stock.

• If the Liquidation Preference has been paid in full to all holders of Series CC Preferred Stock and all other amounts payable upon liquidation, dissolution or winding up of the Corporation have been paid in full to all holders of any Parity Stock, the holders of Common Stock and any other Junior Stock shall be entitled to receive all remaining assets of the Corporation according to their respective rights and preferences.

• The redemption price for shares of Series CC Preferred Stock shall be $25,000 per share plus an amount equal to any dividends that have been declared but not paid up to the redemption date without accumulation of any undeclared dividends.

More Definitions of Series CC Preferred Stock

Series CC Preferred Stock has the meaning set forth in Section 1 hereof.

Series CC Preferred Stock means the Company Preferred Stock designated in the Company’s Charter Documents as Series CC Preferred Stock.

Series CC Preferred Stock means the Series CC Preferred Stock, no par value, of the Company.

Series CC Preferred Stock means the shares of Series CC Preferred Stock.

Series CC Preferred Stock has the meaning set forth in the preamble of this Agreement.

Series CC Preferred Stock means shares of the Company’s Non-Cumulative Perpetual Class A Preferred Stock, Series CC, no par value, with a liquidation preference amount of $25,000 per share, designated and described in the Certificate of Designation.