The Louisiana Certificate of Designation, Preferences, and Rights of Series A Junior Cumulative Preference Stock of Onyx Energy Company is a legal document that outlines the specific characteristics, entitlements, and privileges associated with a particular class of stock within the company. This designation ensures that shareholders holding this class of stock will have certain preferences and rights over other classes. The Series A Junior Cumulative Preference Stock of Onyx Energy Company is a unique class of stock that comes with its own set of designations, preferences, and rights. This particular stock is characterized by its junior status, cumulative dividend feature, and preference over common stockholders. It is noteworthy to mention that there might be different types or series of Louisiana Certificate of Designation, Preferences, and Rights, but for the purpose of this description, we will focus on the Series A Junior Cumulative Preference Stock. Here are some relevant keywords to further explain the Louisiana Certificate of Designation, Preferences, and Rights of Series A Junior Cumulative Preference Stock: 1. Louisiana Official Certificate: This document is recognized by the state of Louisiana as the official designation and description of the Series A Junior Cumulative Preference Stock. 2. Designation: The certificate designates the specific class of stock, Series A Junior Cumulative Preference Stock, within the Onyx Energy Company. 3. Preferences: This class of stock holds preferential treatment when it comes to dividends and liquidation over other stock classes, such as common stock. 4. Rights: The certificate outlines the specific rights granted to the holders of Series A Junior Cumulative Preference Stock, which may include voting rights, conversion rights, and redemption rights. 5. Junior Status: The Series A Junior Cumulative Preference Stock ranks junior to other senior classes of stock, meaning they are subordinate in the event of liquidation or bankruptcy. 6. Cumulative Dividends: The certificate guarantees that if the company fails to pay dividends in any given year, the unpaid dividends accumulate and must be paid before common stockholders receive dividends. 7. Preference Stock: This class of stock is given priority over common stockholders when it comes to dividends and liquidation proceeds. 8. Onyx Energy Company: The specified company for which the Louisiana Certificate of Designation, Preferences, and Rights of Series A Junior Cumulative Preference Stock applies. It is important to note that there might be other types of certificates or series of preference stock within Onyx Energy Company, each with their own unique set of designations, preferences, and rights. However, the focus of this description is on the Louisiana Certificate of Designation, Preferences, and Rights of Series A Junior Cumulative Preference Stock.
Louisiana Certificate of designation, preferences and rights of Series A junior cumulative preference stock of Oryx Energy Company
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Certification Designation means the specific Certification Program certification title and acronym granted to the Candidate upon successful completion of and compliance with the policies and procedures of the Certification Program as specified in this Agreement.
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.
A certificate of designation is signed by a corporate officer attesting to the board of directors' designation of the terms, rights, preferences, and limitations of a new series of preferred stock.
A preferred stock certificate is a document that identifies the ownership share of an investor in a corporation.
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.