Examples of Series Shares in a sentence
Contributions for the U Series Shares were made in full by 15 March 2021.
Following the completion of the accelerated book-building process for the U Series Shares on 9 March 2021, the Company’s Management Board resolved that the issue price of the U Series Shares shall be PLN 55.00 per New Issue Share and the Company shall make offers to investors to acquire a total of 2,430,554 U Series Shares.
The first Participating Shares issued during the Offer Period will be issued as the Lead Series Shares, and each subsequently issued series during the Offer Period (the Subsequent Series Shares) will be referenced based on the date of issue.
The Company’s share capital increase through the issue of U Series Shares was registered with the National Court Register on 2 April 2021.
Participating Shares issued thereafter shall be issued in Subsequent Series Shares referenced to the month and year at the Offer Price of €1,000 per Participating Share.
The first Participating Shares issued during the Offer Period shall be designated as the Lead Series Shares.
Fund and Series information and change in sharesThe Fund is authorized to issue an unlimited number of shares in each of Series A Shares, Advisor Series Shares, Series T6 Shares, Series F Shares, Series F6 Shares and Series D Shares, which are redeemable at the shareholders’ option.
Distributions shall be payable to all Series Members pro rata in proportion to their holdings of Series Shares; provided, that, the amount of Distributions paid to a Series Member in any given calendar month (other than liquidating distributions) shall be determined based on the number of calendar days that a Series Member owns its Series Shares in such calendar month.
Under the Offering, the U Series Shares were taken up by 65 investors.
A Person shall be deemed admitted as a Series Member at the time the Person (A) executes a subscription agreement evidencing the purchase of Series Shares and such Person’s agreement to be bound by the terms of this Agreement, (B) pays the full purchase price for the Series Shares such Person is acquiring, and (C) is listed as a Series Member in the records of the Company.