Series Z Preferred Stock definition

Series Z Preferred Stock means our Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z;

Series Z Preferred Stock means the Series Z, non-convertible, non-voting preferred stock of the Company, par value $0.001.

Series Z Preferred Stock means the Series Z Convertible Preferred Stock of the Company, par value $.001 per share.

Examples of Series Z Preferred Stock in a sentence

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

• The holders of Series Z 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.

• 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 Z Preferred Stock shall be redeemed from time to time.

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

More Definitions of Series Z Preferred Stock

Series Z Preferred Stock means the Series Z Convertible Preferred Stock of the Issuer, par value $.001 per share, with the terms described in Exhibit A hereto.

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

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

Series Z Preferred Stock means shares of Series Z Non-Convertible Preferred Stock of the Company, par value $.01 per share.

Series Z Preferred Stock means the Series Z Preferred Stock of New World."

Series Z Preferred Stock means Parent's Series Z Preferred Stock, as ------------------------- defined in the Exchange Documents.

Series Z Preferred Stock shall have the meaning provided in the recital above.