Parity Stock Definition Example with 6 Variations

This page contains an example definition of Parity Stock, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Parity Stock. Any class or series of stock of the Corporation (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation (in each case without regard to whether dividends accrue cumulatively or non-cumulatively)
Found in M&F BANCORP INC contract

Variations

Parity Stock. Any any class or series of stock of the Corporation Issuer (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation Issuer (in each case without regard to whether dividends accrue cumulatively or non-cumulatively)
Found in Customers Bancorp, Inc. contract
Parity Stock. Any any class or series of stock of the Corporation (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation (in each case without regard to whether dividends accrue cumulatively or non-cumulatively) non-cumulatively). Without limiting the foregoing, Parity Stock shall include the... Corporation's Series A Non-Cumulative Perpetual Preferred Stock, Series B Non-Cumulative Perpetual Preferred Stock, Series C Non-Cumulative Perpetual Preferred Stock and Series D Non-Cumulative Perpetual Preferred Stock View More
Found in U.S. Bancorp contract
Parity Stock. Any any class or series of stock of the Corporation (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation (in each case without regard to whether dividends accrue cumulatively or non-cumulatively) non-cumulatively). Without limiting the foregoing, Parity Stock shall include the... Corporation's authorized but unissued preferred stock View More
Found in Bank of Commerce Holdings contract
Parity Stock. Any any class or series of stock of the Corporation (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation (in each case without regard to whether dividends accrue cumulatively or non-cumulatively) non-cumulatively). Without limiting the foregoing, Parity Stock shall include the... Corporation's Perpetual Preferred Stock, Series A and Perpetual Preferred Stock, Series B View More
Found in SUNTRUST BANKS INC contract
Parity Stock. Any means any class or series of stock of the Corporation Issuer (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation Issuer (in each case without regard to whether dividends accrue cumulatively or non-cumulatively) non-cumulatively).
Found in COMMUNITY FINANCIAL CORP contract
Parity Stock. Any any class or series of stock of the Corporation Issuer (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation Issuer (in each case without regard to whether dividends accrue cumulatively or non-cumulatively) non-cumulatively). Without limiting the foregoing, Parity Stock shall... include the Issuer's UST Preferred Stock View More
Found in COMMUNITY FINANCIAL CORP contract
All Definitions