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

State:
Multi-State
County:
Bexar
Control #:
US-CC-3-136
Format:
Word; 
Rich Text
Instant download

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 Bexar Texas Certificate of Designation is a legal document that outlines the specific preferences and rights associated with Series B junior cumulative convertible preference stock of Onyx Energy Company. This designation serves as a guideline for the shareholders and potential investors regarding the unique features and characteristics of this particular class of stock. The Bexar Texas Certificate of Designation outlines the following key aspects: 1. Series B Junior Cumulative Convertible Preference Stock: The Series B junior cumulative convertible preference stock refers to a specific class of preferred shares issued by Onyx Energy Company. This class of stock holds certain advantages and privileges compared to common shares, providing unique benefits and priority rights to shareholders. 2. Junior Ranking: The Bexar Texas Certificate of Designation defines the Series B junior cumulative convertible preference stock as having a junior ranking compared to other classes of preferred stock issued by Onyx Energy Company. This means that in the event of liquidation or bankruptcy, holders of senior preferred stock would receive priority over Series B stockholders. 3. Cumulative Dividends: The Series B stockholders are entitled to cumulative dividends. This means that if Onyx Energy Company fails to pay dividends in a given period, the unpaid dividends will accumulate and must be paid before any dividends can be distributed to common stockholders. 4. Convertible Option: The Bexar Texas Certificate of Designation provides Series B stockholders with the right to convert their shares into a predetermined number of common shares at a specified conversion price. This conversion option allows investors to potentially benefit from an increase in the value of Onyx Energy Company's common stock. 5. Preferences and Rights: The Bexar Texas Certificate of Designation also outlines other preferences and rights of the Series B stockholders, including voting rights, liquidation preferences, redemption provisions, and protective provisions. These provisions are designed to protect the interests and enhance the participation of Series B stockholders in important company decisions. There may be different types of Bexar Texas Certificates of Designation associated with the Series B junior cumulative convertible preference stock of Onyx Energy Company, depending on the evolution of the stock and changes in preferences and rights over time. It is essential to refer to the specific certificate and amendments to understand the most up-to-date and accurate information about the designation and rights of the Series B stock.

The Bexar Texas Certificate of Designation is a legal document that outlines the specific preferences and rights associated with Series B junior cumulative convertible preference stock of Onyx Energy Company. This designation serves as a guideline for the shareholders and potential investors regarding the unique features and characteristics of this particular class of stock. The Bexar Texas Certificate of Designation outlines the following key aspects: 1. Series B Junior Cumulative Convertible Preference Stock: The Series B junior cumulative convertible preference stock refers to a specific class of preferred shares issued by Onyx Energy Company. This class of stock holds certain advantages and privileges compared to common shares, providing unique benefits and priority rights to shareholders. 2. Junior Ranking: The Bexar Texas Certificate of Designation defines the Series B junior cumulative convertible preference stock as having a junior ranking compared to other classes of preferred stock issued by Onyx Energy Company. This means that in the event of liquidation or bankruptcy, holders of senior preferred stock would receive priority over Series B stockholders. 3. Cumulative Dividends: The Series B stockholders are entitled to cumulative dividends. This means that if Onyx Energy Company fails to pay dividends in a given period, the unpaid dividends will accumulate and must be paid before any dividends can be distributed to common stockholders. 4. Convertible Option: The Bexar Texas Certificate of Designation provides Series B stockholders with the right to convert their shares into a predetermined number of common shares at a specified conversion price. This conversion option allows investors to potentially benefit from an increase in the value of Onyx Energy Company's common stock. 5. Preferences and Rights: The Bexar Texas Certificate of Designation also outlines other preferences and rights of the Series B stockholders, including voting rights, liquidation preferences, redemption provisions, and protective provisions. These provisions are designed to protect the interests and enhance the participation of Series B stockholders in important company decisions. There may be different types of Bexar Texas Certificates of Designation associated with the Series B junior cumulative convertible preference stock of Onyx Energy Company, depending on the evolution of the stock and changes in preferences and rights over time. It is essential to refer to the specific certificate and amendments to understand the most up-to-date and accurate information about the designation and rights of the Series B stock.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Bexar Texas Certificate Of Designation, Preferences And Rights Of Series B Junior Cumulative Convertible Preference Stock Of Oryx Energy Company?

Whether you plan to open your company, enter into a contract, apply for your ID update, or resolve family-related legal issues, you need to prepare certain documentation corresponding to your local laws and regulations. Finding the correct papers may take a lot of time and effort unless you use the US Legal Forms library.

The platform provides users with more than 85,000 professionally drafted and checked legal templates for any individual or business case. All files are collected by state and area of use, so picking a copy like Bexar Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company is quick and easy.

The US Legal Forms library users only need to log in to their account and click the Download button next to the required template. If you are new to the service, it will take you a few more steps to obtain the Bexar Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company. Adhere to the guide below:

  1. Make certain the sample fulfills your individual needs and state law regulations.
  2. Look through the form description and check the Preview if available on the page.
  3. Utilize the search tab providing your state above to find another template.
  4. Click Buy Now to get the sample once you find the proper one.
  5. Opt for the subscription plan that suits you most to continue.
  6. Sign in to your account and pay the service with a credit card or PayPal.
  7. Download the Bexar Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company in the file format you prefer.
  8. Print the copy or fill it out and sign it electronically via an online editor to save time.

Documents provided by our library are reusable. Having an active subscription, you are able to access all of your earlier purchased paperwork at any time in the My Forms tab of your profile. Stop wasting time on a endless search for up-to-date formal documentation. Join the US Legal Forms platform and keep your paperwork in order with the most comprehensive online form collection!

Trusted and secure by over 3 million people of the world’s leading companies

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