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...
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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...
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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...
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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...
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Found in
COMMUNITY FINANCIAL CORP contract