Maryland Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company

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Multi-State
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US-CC-3-136
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This sample form, a detailed Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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  • Preview Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company
  • Preview Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company
  • Preview Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company
  • Preview Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company
  • Preview Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company
  • Preview Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company
  • Preview Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company

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FAQ

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.

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 ...

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.

Issuing preferred stock provides a company with a means of obtaining capital without increasing the company's overall level of outstanding debt. This helps keep the company's debt to equity (D/E) ratio, an important leverage measure for investors and analysts, at a lower, more attractive level.

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).

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Maryland Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company