Series P Preferred Stock definition

Series P Preferred Stock means Cinemex's registered, preferred, Series "P" non par value shares.

Series P Preferred Stock has the meaning set forth in Section 2.2 below.

Series P Preferred Stock means the shares of the Corporation’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series P, $1.00 par value, with a liquidation preference of $100,000 per share, designated in the Statement and described in the Officer’s Certificate delivered pursuant to Section 2.2 hereof.

Examples of Series P Preferred Stock in a sentence

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

• The Corporation shall have the authority to issue fractional shares of Series P Preferred Stock.

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

• Subject to the provisions of this Section 6, the Board of Directors of the Corporation or any duly authorized committee of the Board of Directors shall have full power and authority to prescribe the terms and conditions upon which shares of Series P Preferred Stock shall be redeemed from time to time.

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

• The number of authorized shares of Series P Preferred Stock shall be 26,400.

• The holders of Series P 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.

• Notice of every redemption of shares of Series P Preferred Stock shall be mailed by first class mail, postage prepaid, addressed to the holders of record of such shares to be redeemed at their respective last addresses appearing on the stock register of the Corporation.

• Series P Preferred Stock will rank equally with Parity Stock with respect to the payment of dividends and distribution of assets in the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation and will rank senior to Junior Stock with respect to the payment of dividends and/or the distribution of assets in the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation.

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

More Definitions of Series P Preferred Stock

Series P Preferred Stock means the preferred stock of the Parent designated as such having the rights, preferences, limitations and restrictions set forth on Exhibit C.

Series P Preferred Stock means the Series P Convertible Preferred Stock issued by Geotek ranking (i) prior to the Common Stock, (ii) junior to the Series H Preferred Stock, Series I Preferred Stock, Series K Preferred Stock, Series L Preferred Stock, Series M Preferred Stock, and Series N Preferred Stock, and (iii) pari passu with the Series O Preferred Stock, Series Q Preferred Stock, and Series T Preferred Stock.

Series P Preferred Stock means the Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series P, of the Corporation.

Series P Preferred Stock means the means the up to 11,000 shares of the Company’s Series P Redeemable Convertible Preferred Stock issued hereunder having the rights, preferences and privileges set forth in the Series P Certificate of Designation, in the form of Exhibit A hereto.

Series P Preferred Stock shall have the meaning set forth in the recitals hereto.

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