Examples of Series J in a sentence
Each of the parties hereto acknowledges that the Preferred Shares shall have the powers, preferences and rights, and be subject to the qualifications, limitations or restrictions set forth in the Series J Certificate of Designation.
This certificate and the shares represented hereby are issued and shall be held subject to all the provisions of the charter of the Corporation, including the Articles Supplementary for the Series J Mandatory Redeemable Preferred Shares, and the Bylaws of the Corporation, and any amendments thereto, a copy of each of which is on file at the office of the Corporation, to all of which the holder of this certificate, by acceptance hereof, assents and agrees to be bound.
The Purchased Shares will have the voting powers, designation, preferences, rights and privileges, and the qualifications, limitations and restrictions thereof, set forth in the Series J Certificate of Designation.
The Purchased Securities, when issued, sold, and delivered in accordance with the terms of this Agreement for the consideration expressed herein, will be duly authorized, validly issued and fully paid, and will be free of restrictions on use, voting or transfer or Liens other than restrictions on transfer or Liens under the applicable state and federal securities Laws and, with respect to the Purchased Shares, pursuant to the Series J Certificate of Designation.
Section 605 is hereby amended by adding the following paragraph to the end thereof: "However, in the case of registered Series J Bonds held by the Depository Trust Company (“DTC”), the Trustee shall mail a copy of such notice by certified mail (return receipt requested).
After the holders of Series J Preferred Stock shall have received the foregoing amounts per share plus an equal to declared but unpaid dividends as aforesaid, they shall not participate in any remaining assets and surplus funds of the Corporation.
The Series J Preferred Stock will not be subject to any redemption rights or obligations.
The holders of Series J Preferred Stock (the “Holders”) will be entitled to receive, on any outstanding shares of Series J Preferred Stock held by such Holders, dividends on an as-converted basis with the common stock of the Company (the “Common Stock”).
Upon any liquidation, dissolution or winding- up of the Company, the Holders will be entitled to receive out of the assets of the Company, whether such assets are capital or surplus, for each share of Series J Preferred Stock an amount equal to such amount as the Holder would have received had such share been converted to Common Stock, on a pari passu basis with the Common Stock..
The Series J Preferred Stock will vote on an as-converted basis with the Common Stock, subject however, to the Beneficial Ownership Limitation.