The Alabama Certificate of Designation, Preferences, and Rights of Series A Junior Cumulative Preference Stock of Onyx Energy Company serves as an important document outlining the specific rights and preferences of the company's Series A Junior Cumulative Preference Stock shareholders in the state of Alabama. This certificate establishes the unique attributes and benefits that shareholders holding this particular class of stock possess, ensuring transparency and fairness in the allocation of rights. Within the Alabama Certificate of Designation, Preferences, and Rights, several key elements are addressed, securing the interests of Series A Junior Cumulative Preference Stockholders. Some relevant keywords associated with this document include: 1. Series A Junior Cumulative Preference Stock: This term denotes the specific class of stock under consideration in this certificate. It refers to shares issued by Onyx Energy Company that carry significant advantages and preferences, distinguishing them from other classes of stock. 2. Designation: The designation outlines the distinctive identification and categorization of the Series A Junior Cumulative Preference Stock, setting them apart from other types of shares issued by Onyx Energy Company. 3. Preferences: Preferences determine the superior rights and advantages that Series A Junior Cumulative Preference Stockholders possess in comparison to other shareholders. These preferences often include priority dividend payments, liquidation preferences, and voting rights in certain circumstances. 4. Cumulative: The term "cumulative" signifies that any unpaid dividends on the Series A Junior Cumulative Preference Stock will accrue and become payable in subsequent periods, ensuring that shareholders receive their dividends even if they are unable to be distributed in any particular fiscal year. 5. Alabama: The inclusion of Alabama in the title highlights the specific jurisdiction where this certificate is applicable and enforceable. This indicates that the document conforms to the legal requirements and regulations of the state of Alabama. While the Alabama Certificate of Designation, Preferences, and Rights of Series A Junior Cumulative Preference Stock of Onyx Energy Company primarily focuses on the aforementioned elements, it is worth noting that there may be multiple variations of these certificates. Each distinct issuance of Series A Junior Cumulative Preference Stock by Onyx Energy Company may have its own unique certificate with specific preferences, rights, and terms applicable to that particular series. These variations can be differentiated by a series number or an additional identifier, denoting different offerings over time.
Alabama Certificate of designation, preferences and rights of Series A junior cumulative preference stock of Oryx Energy Company
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Stock Designation with respect to a share of Company Common Stock means a designation by the holder of such share, provided by the Company to Parent no later than the Designation Deadline, to the effect that such share is designated to receive the Stock Designation Consideration.
A certificate which contains a copy of the board resolution setting out the powers, designations, preferences or rights of a class or series of a class of stock of a corporation (typically a series of preferred stock) if they are not already contained in the certificate of incorporation of the corporation.
Preferred Designation means the Certificate of Designation with respect to the Series D Preferred Stock, the Series E Preferred Stock, the Series F Preferred Stock, the Series G Preferred Stock, the Series H Preferred Stock and the Series I Preferred Stock adopted by the Board of Directors of the Company and duly filed ...
An account designation is the name given to an investment account where shares cannot be directly held by the beneficial owner (e.g. a minor) and instead, are registered in the name of a trustee (e.g. a parent).
A preferred stock certificate is a document that identifies the ownership share of an investor in a corporation.