A Preference Shares definition

A Preference Shares means the A preference shares of $1.00 each in the capital of the UK Company having the rights that are set out in the Articles of Association and the Shareholders’ Agreement.
A Preference Shares means the A1 Preference Shares and the A2 Preference Shares;
A Preference Shares means the 60,504,000 7.5 per cent. cumulative, convertible, redeemable A preference shares with a par value of US$0.002 each in the capital of the Company;

Examples of A Preference Shares in a sentence

  • Cumulative A Preference Shares of £1 each in the capital of the Company.

  • The Series A Preference Shares are held by Dundee Energy Limited (“Dundee Energy”), a subsidiary of Dundee Corporation.

  • Dundee Energy has not advised the Corporation of its intent with respect to exercising its right to the redemption of the Series A Preference Shares and its entitlement to demand payment of the associated cumulative dividends outstanding.

  • Until December 15, 2016, the Series A Preference Shares bear a non-cumulative, non mandatory dividend rate of 7.50%, which is payable semi-annually on June 15 and December 15 each year upon declaration by the Board of Directors.

  • After December 15, 2016, if the Series A Preference Shares have not been redeemed or repurchased, they bear a non-cumulative, non-mandatory dividend rate of Three-Month LIBOR (as defined in the Series A Certificate of Designations) plus 3.557%, which is payable quarterly on the 15th day of March, June, September and December of each year, beginning on March 15, 2017, upon declaration by the Board of Directors.


More Definitions of A Preference Shares

A Preference Shares means the A cumulative preference shares of £1.00 each in the capital of the Company;
A Preference Shares means the “A” Preference Shares, as further described in the Articles, in the capital of the Company;
A Preference Shares means redeemable “A” preference shares of £0.01 each in the capital of the Company having the rights set out in the Articles of Association; Articles of Association means the articles of association of the Company;
A Preference Shares means the class “A” redeemable cumulative preference shares of R0.0001 (one hundredth of a cent) each in the capital of the company ranking pari passu with the B Preference Shares;
A Preference Shares means a total of 1,000 Class "A" Preference Shares in the capital of Northland Ice owned by Charn and Xxxx, which together with the Class "C" Preference Shares constitute all of the issued and outstanding preference shares in the capital of Northland Ice;
A Preference Shares has the meaning given to this term in the Articles of Association.
A Preference Shares means the Class “A” redeemable, cumulative preference shares in the Seller which will be allotted and issued to Imperial in terms of the Participation Agreement;