Examples of Class B Convertible Shares in a sentence
Under this Plan, the Company will issue Ordinary Shares, Class A Convertible Shares, Class B Convertible Shares, Class C Convertible Shares and/or Class D Convertible Shares to Participants.
Whenever the holders of Class B Convertible Shares are entitled to vote as a separate voting group on any matter pursuant to the provisions of paragraph (b) of this Section 9.2, the vote required to approve such matter shall be the affirmative vote of more than two-thirds of all the votes entitled to be cast by that voting group, with each share having one vote.
The Corporation may not redeem all or any portion of the outstanding Class B Convertible Shares.
The holders of the outstanding Class B Convertible Shares shall not be entitled to receive dividends on such Class B Convertible Shares.
Despite its potential benefits to both debtors and creditors, private sector involvement in crisis resolution has proved to be one of the most con- tentious issues in the debate on reform of the in- ternational financial architecture.
If the net assets of the Corporation are insufficient to pay to the holders of the Class B Convertible Shares the full amounts to which they are respectively entitled, the entire net assets of the Corporation remaining shall be distributed ratably to the holders of the Class B Convertible Shares and the holders of other preferred shares, if any, ranking on a parity with the Class B Convertible Shares as to rights in liquidation in proportion to the full amounts to which they are respectively entitled.
The Corporation may issue fractional Common Shares upon conversion of Class B Convertible Shares.
Class A Convertible Shares, Class B Convertible Shares and Class C Convertible Shares issued under this Plan shall be issued for a purchase price equal to €.001 per share.
Except for the voting rights expressly conferred by this Article IX, and except to the extent provided by law, the holders of the outstanding Class B Convertible Shares shall not be entitled (i) to vote on any matter, or (ii) to receive notice of, or to participate in, any meeting of shareholders of the Corporation at which they are not entitled to vote.
The process may extend to affected lands surrounding mined lands, and may require backfilling, grading, resoiling, revegetation, soil compaction, stabilization, or other measures.