Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock

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US-CC-6-188
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This is a multi-state form covering the subject matter of the title.
The Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock is a legal document that outlines the specific terms, preferences, and rights associated with a particular class of preferred stock known as Series C Convertible Preferred Stock. Series C Convertible Preferred Stock is a type of preferred stock that provides additional benefits and rights to shareholders compared to common stock. These shares have the potential to be converted into a predetermined number of common shares at the discretion of the shareholder. The Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock includes detailed provisions addressing various aspects of these shares, such as their conversion terms, dividend rights, voting rights, liquidation preferences, redemption rights, and any other specific rights granted to holders of this class of preferred stock. Some relevant keywords associated with the Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock are: 1. Oklahoma: Refers to the jurisdiction in which this specific form is applicable, indicating that it complies with the rules and regulations of the state of Oklahoma. 2. Form: Denotes that this document is a standardized template that serves as a starting point for drafting the Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock. 3. Certificate of Designations: Represents the legal instrument used to establish the rights and preferences of a specific class of preferred stock. 4. Preferences: Refers to the advantages and benefits that Series C Convertible Preferred Stockholders possess over common shareholders, such as priority in receiving dividends and distributions. 5. Rights: Denotes the specific entitlements granted to holders of Series C Convertible Preferred Stock, which may include voting rights, conversion rights, redemption rights, and liquidation preferences. 6. Series C Convertible Preferred Stock: Identifies the specific class of preferred stock being addressed by the Oklahoma Form, distinguishing it from other classes or series of preferred stock. Different types or variations of the Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock may exist if there have been any amendments, updates, or changes made to the original form. These variations may be designated by different series or classes, such as Series D Convertible Preferred Stock, Series E Convertible Preferred Stock, and so on, each having its own unique terms, preferences, and rights.

The Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock is a legal document that outlines the specific terms, preferences, and rights associated with a particular class of preferred stock known as Series C Convertible Preferred Stock. Series C Convertible Preferred Stock is a type of preferred stock that provides additional benefits and rights to shareholders compared to common stock. These shares have the potential to be converted into a predetermined number of common shares at the discretion of the shareholder. The Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock includes detailed provisions addressing various aspects of these shares, such as their conversion terms, dividend rights, voting rights, liquidation preferences, redemption rights, and any other specific rights granted to holders of this class of preferred stock. Some relevant keywords associated with the Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock are: 1. Oklahoma: Refers to the jurisdiction in which this specific form is applicable, indicating that it complies with the rules and regulations of the state of Oklahoma. 2. Form: Denotes that this document is a standardized template that serves as a starting point for drafting the Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock. 3. Certificate of Designations: Represents the legal instrument used to establish the rights and preferences of a specific class of preferred stock. 4. Preferences: Refers to the advantages and benefits that Series C Convertible Preferred Stockholders possess over common shareholders, such as priority in receiving dividends and distributions. 5. Rights: Denotes the specific entitlements granted to holders of Series C Convertible Preferred Stock, which may include voting rights, conversion rights, redemption rights, and liquidation preferences. 6. Series C Convertible Preferred Stock: Identifies the specific class of preferred stock being addressed by the Oklahoma Form, distinguishing it from other classes or series of preferred stock. Different types or variations of the Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock may exist if there have been any amendments, updates, or changes made to the original form. These variations may be designated by different series or classes, such as Series D Convertible Preferred Stock, Series E Convertible Preferred Stock, and so on, each having its own unique terms, preferences, and rights.

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FAQ

PIK Preferred Stock means preferred stock or other junior securities of the Borrower that (a) require dividends or interest to be "paid-in-kind" by the issuance of like preferred stock or other junior securities and do not require cash dividends or interest to be paid, in each case, issued on terms and conditions ...

What Is Convertible Preferred Stock? Convertible preferred stocks are preferred shares that include an option for the holder to convert them into a fixed number of common shares after a predetermined date.

The convertible preferred stock advantages to an investor include high dividend yield, flexibility, and potential for capital appreciation. To the issuer, convertible preferred stock can increase a company's equity or capital.

Namely, preferred stock often possesses higher dividend payments, and a higher claim to assets in the event of liquidation. In addition, preferred stock can have a callable feature, which means that the issuer has the right to redeem the shares at a predetermined price and date as indicated in the prospectus.

What Are Convertible Preferred Shares? These shares are corporate fixed-income securities that the investor can choose to turn into a certain number of shares of the company's common stock after a predetermined time span or on a specific date.

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.

Risk of Conversion Convertible preferred stock carries the risk that it may not be converted into common stock. This means that if the company's common stock does not perform well, the value of the preferred stock may not increase. This can lead to lower returns on investment for the investor.

The terms "redeemable shares" and "convertible shares" refer to different types of preferred stock. If a preferred stock is redeemable, it means that the issuing company can exchange those shares for cash, while convertible shares can be exchanged by the shareholder for common stock.

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This Certificate of Designation, Preferences and Rights of Series C Participating Preferred Stock of ONEOK, Inc. shall be effective at 5:00 P.M., Eastern ... (a) “4.125% Preferred Stock” shall mean the series of preferred stock, par value $0.01 per share, of the Company designated as the “4.125% Cumulative ...Oct 30, 2015 — Other Rights. The shares of Series C Preferred Stock shall not have any rights, preferences, privileges or voting powers or relative ... The Corporation shall issue the Shares of Series A Preferred Stock in the form of one or more global certificates (each, a “Global Certificate”) to be deposited ... ... Preferred Stock for 21,815,386 new shares of the Issuer's Series D Convertible Preferred Stock. ... the rights of Holders of shares of Series D Preferred Stock ... The Convertible Preferred Stock otherwise has no voting rights ... Certificate of Designations of 2.0% Cumulative Mandatorily Convertible Series A Preferred Stock. The Series B Preferred Stock will be issued in book-entry form; provided ... If a Holder's Series B Preferred Stock certificate shall be mutilated, lost ... 3.8*. Certificate of Designations, Preferences and relative Participating, Optional and Other Special. Rights of Preferred Stock and Qualifications, Limitations ... Common Stock, par value $5.00 per share, as the same exists at the date of filing of a Certificate of Designation relating to Series A Preferred Stock or ... RESOLVED, that pursuant to the provisions of the [certificate of incorporation and the bylaws] of the Corporation and applicable law, a series of Preferred ...

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Oklahoma Form of Certificate of Designations, Preferences and Rights of Series C Convertible Preferred Stock