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

• Category: Corporations - Public - Changes Affecting Capital Stock
• State: Multi-State
• Control #: US-CC-3-136
• Format: Word; Rich Text

Description

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. The Nebraska Certificate of Designation, Preferences, and Rights of Series B Junior Cumulative Convertible Preference Stock of Onyx Energy Company refers to a specific document that outlines the attributes and characteristics of the Series B junior cumulative convertible preference stock issued by Onyx Energy Company in Nebraska. The Series B junior cumulative convertible preference stock is a type of security that grants certain rights and preferences to its holders. This type of stock is considered junior to other classes of stock in terms of priority in receiving dividends and liquidation proceeds. However, it has the advantage of being cumulative, meaning that if dividends are not paid in a particular period, they will accrue and be paid in future periods before dividends are paid to other classes of stock. Additionally, the Series B stock is convertible, which means that the holders have the option to convert their shares into a predetermined number of common shares of Onyx Energy Company. This conversion feature provides investors with the potential for capital appreciation if the value of the common shares increases. The Nebraska Certificate of Designation further details the specific terms and conditions associated with the Series B junior cumulative convertible preference stock, including the conversion ratio, redemption provisions, voting rights, and any protective provisions that may apply. It's important to note that there may be other types of Nebraska Certificates of Designation, Preferences, and Rights for different classes or series of preferred stock issued by Onyx Energy Company. These other designations may include Series A, Series C, or any other designated series of preferred stock. Each series or class of stock will have its own unique set of preferences, rights, and characteristics outlined in their respective Nebraska Certificates of Designation. In summary, the Nebraska Certificate of Designation, Preferences, and Rights of Series B Junior Cumulative Convertible Preference Stock of Onyx Energy Company provides a comprehensive description of the attributes, preferences, and rights associated with the specific class of preferred stock issued by the company. Users should refer to the relevant certificate for detailed information on any specific series or class of preferred stock.

The Nebraska Certificate of Designation, Preferences, and Rights of Series B Junior Cumulative Convertible Preference Stock of Onyx Energy Company refers to a specific document that outlines the attributes and characteristics of the Series B junior cumulative convertible preference stock issued by Onyx Energy Company in Nebraska. The Series B junior cumulative convertible preference stock is a type of security that grants certain rights and preferences to its holders. This type of stock is considered junior to other classes of stock in terms of priority in receiving dividends and liquidation proceeds. However, it has the advantage of being cumulative, meaning that if dividends are not paid in a particular period, they will accrue and be paid in future periods before dividends are paid to other classes of stock. Additionally, the Series B stock is convertible, which means that the holders have the option to convert their shares into a predetermined number of common shares of Onyx Energy Company. This conversion feature provides investors with the potential for capital appreciation if the value of the common shares increases. The Nebraska Certificate of Designation further details the specific terms and conditions associated with the Series B junior cumulative convertible preference stock, including the conversion ratio, redemption provisions, voting rights, and any protective provisions that may apply. It's important to note that there may be other types of Nebraska Certificates of Designation, Preferences, and Rights for different classes or series of preferred stock issued by Onyx Energy Company. These other designations may include Series A, Series C, or any other designated series of preferred stock. Each series or class of stock will have its own unique set of preferences, rights, and characteristics outlined in their respective Nebraska Certificates of Designation. In summary, the Nebraska Certificate of Designation, Preferences, and Rights of Series B Junior Cumulative Convertible Preference Stock of Onyx Energy Company provides a comprehensive description of the attributes, preferences, and rights associated with the specific class of preferred stock issued by the company. Users should refer to the relevant certificate for detailed information on any specific series or class of preferred stock.