The Texas Certificate of Designation, Preferences, and Rights of the Series A Junior Cumulative Preference Stock of Onyx Energy Company is an important document outlining the specific attributes and rights associated with this particular class of stock. This certificate specifies the preferences and rights of the Series A Junior Cumulative Preference Stock in relation to other classes of stock issued by Onyx Energy Company, which is a Texas-based energy company. The Series A Junior Cumulative Preference Stock of Onyx Energy Company has certain unique features and benefits in comparison to other classes of stock. It holds a junior position, meaning it ranks lower in priority than other senior classes of stock in terms of dividend payments and distributions of assets in the event of liquidation or dissolution. However, it maintains a cumulative preference, ensuring that if dividends are not paid in a particular year, they will accrue and be payable when the company has sufficient funds available. The Texas Certificate of Designation outlines the specific preferences and rights of the Series A Junior Cumulative Preference Stock, including dividend payments, liquidation preferences, voting rights, conversion or exchange privileges, redemption provisions, and any other rights or preferences associated with this class of stock. Some potential keywords relevant to this topic include: 1. Texas Certificate of Designation 2. Preferences and Rights 3. Series A Junior Cumulative Preference Stock 4. Onyx Energy Company 5. Dividend Payments 6. Liquidation Preferences 7. Voting Rights 8. Conversion or Exchange Privileges 9. Redemption Provisions 10. Unique Stock Features. It's important to note that if there are any other types of Texas Certificates of Designation, Preferences, and Rights related to Series A Junior Cumulative Preference Stock issued by Onyx Energy Company, they would have their own distinct names and characteristics. The specific names of any additional certificates would need to be provided by Onyx Energy Company or its relevant documentation.
Texas Certificate of designation, preferences and rights of Series A junior cumulative preference stock of Oryx Energy Company
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Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure qualification to perform a job or task.
Designated Stock means the Class A Common Stock, the Class C Common Stock and any other stock of the Corporation that is designated as ?Designated Stock? from time to time pursuant to this Certificate of Incorporation or any Certificate of Designation.
(b) ?Certificate of Designation? means this Certificate of Designation of the Series A Preferred Stock, as it may be amended from time to time. (such class or series of capital stock of the Corporation into which such stock is reclassified or reconstituted, ?Reclassified or Reconstituted Common Stock?).
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.
Main definition 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. Certificates of designation are usually associated with blank check preferred stock.