Series I definition
Examples of Series I in a sentence
Each share of Series I Preferred Stock shall be identical in all respects to every other share of Series I Preferred Stock.
The Corporation shall have the authority to issue fractional shares of Series I Preferred Stock.
Dividends on shares of Series I Preferred Stock shall be non-cumulative.
The Stockholder Representative shall not be liable for any error of judgment, or any action taken, suffered or omitted to be taken, in connection with the performance by the Stockholder Representative of the Stockholder Representative’s duties or the exercise by the Stockholder Representative of the Stockholder Representative’s rights and remedies under this Agreement or any Transaction Agreement, except in the case of its bad faith or willful misconduct.
These fees and expenses are negotiated and paid directly by each Series I investor.
Notwithstanding the foregoing, if the Series I Preferred Stock is held in book-entry form through DTC, the Corporation may give such notice in any manner permitted by DTC.
Shares of Series I Preferred Stock are not subject to the operation of a sinking fund.
This penalty will be paid directly to the fund.Series I fees Series I units are for institutional investors, for use within managed asset programs or structured products, who negotiate and pay separate fees to BMO Investments Inc.
Series I Preferred Stock will rank equally with Parity Stock, if any, and will rank senior to Junior Stock with respect to the payment of dividends and the distribution of assets in the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation.
No interest will be payable in respect of any dividend payment on shares of Series I Preferred Stock that may be in arrears.