Examples of Zenith Preferred Stock in a sentence
Zenith Preferred Stock dividends of $.8 MILLION recorded for the year ended December 31, 2001 represent regular dividends on the Zenith Preferred Stock.
Also as part of the financing of the OneBeacon Acquisition, Zenith Insurance Company purchased $20 million in cumulative non-voting preferred stock of FAEH (the "Zenith Preferred Stock").
The Trust shall continue in effect until the Zenith Preferred Stock is redeemed in full and the Company has no further obligations with respect to such stock subject, however, to the provisions of this Agreement relating to amendment or termination.
The Zenith Preferred Stock received dividends of 2.5% per quarter through June 30, 2007.
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Zenith Preferred Stock dividends of $.8 MILLION and $2.0 MILLION, recorded for the periods ended September 30, 2001 and December 31, 2000, respectively, represent regular dividends on the Zenith Preferred Stock.
The Trustee is not subject to the terms of the Zenith Preferred Stock and, in the event of any conflict between the terms of the Zenith Preferred Stock and the provisions of this Agreement, the provisions of this Agreement shall control.
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Zenith Preferred Stock dividends of $0.8 million and $2.0 million, recorded for the periods ended June 30, 2001 and December 31, 2000, respectively, represent regular dividends on the Zenith Preferred Stock.
As provided in Section 2.04, Zenith will not have any preferential claim to or beneficial ownership interest in any asset or investment of the Trust, and the rights of Zenith under the Trust are solely those rights afforded to Zenith with respect to the assets of the Company as the holder of the Zenith Preferred Stock.