Examples of Series H Preference Shares in a sentence
SECTION 1.9 "Preference Receipt" shall mean a Depositary Preference Receipt issued hereunder to evidence one or more of the Series F or Series H Preference Shares, whether in definitive or temporary form, substantially in the forms set forth as Exhibit A and Exhibit B hereto.
SECTION 1.8 "Preference Shares" shall mean the Series F Preference Shares and the Series H Preference Shares.
Ranking: The Series H Preference Shares will rank equally with other series of the Company’s preference stock, including the Company’s Series A, D, E, F and G Preference Stock; junior to the Company’s cumulative preferred stock and secured and unsecured debt; and senior to the Company’s common stock.
The series of Preference Stock established hereby shall be designated as "Series H 6.25% Automatically Convertible Preference Stock" (the shares of such series are hereinafter referred to as the "Series H Preference Shares") and the authorized number of Series H Preference Shares shall be 2,669,633.
Subject to applicable escheat laws, any monies set aside by the Corporation in respect of any payment with respect to shares of the Series H Preference Shares, or dividends thereon, and unclaimed at the end of two years from the date upon which such payment is due and payable shall revert to the general funds of the Corporation, after which reversion the holders of such shares shall look only to the general funds of the Corporation for the payment thereof.
Upon any redemption of the Series H Preference Shares, a corresponding amount of Trust Preference Securities will be redeemed.
The regular quarterly dividend of $0.25 per share payable on the Series H Preference Shares took effect in the fourth quarter of 2012.
Preference Stock or other class of stock of the Corporation or series thereof ranking senior to the Series H Preference Shares in respect of dividends and distributions, .
Upon the effectiveness of an Optional Conversion, the Series H Preference Shares so converted shall no longer be deemed to be outstanding.
This amount is slightly more than that of the North Sea and equal to reserves of Iran and Kuwait.