Class B Preference Shares definition

Class B Preference Shares means the Class B Preference Shares in the capital of Hydro One Inc.
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Class B Preference Shares means the no par value Class B preference Shares having the rights set out in this Memorandum;
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Class B Preference Shares means the Class B Preference Shares of the Co-operative, and “Class B Preference Share” shall mean one of them;
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Examples of Class B Preference Shares in a sentence

  • On July 21, 2014 AORE established an irrevocable trust (the “Class B Security Trust”) for the benefit of the holders of its Class B Preference Shares.

  • Dividends on the Class B Preference Shares are currently non-cumulative.

  • As a result of the fixed rate election, if declared by the board, dividends are payable on the Class B Preference Shares every 90 days at a rate of 6.276%.

  • The fair value of the put option at the exercise date was $41.9 million and therefore the value of the Class B Preference Shares on that date was $8.1 million, being the difference between the proceeds received and the fair value of the put option on the date of exercise.

  • Following the settlement of the tender offer, 432.01 shares of Class B Preference Shares remain outstanding.


More Definitions of Class B Preference Shares

Class B Preference Shares not being Ordinary Shares, means convertible preference shares with such rights, privileges and conditions attached thereto as prescribed in these Articles and shall include any Dividend Shares issued to the Class B Preference Shareholders as specie dividend. It being clarified that such Dividend Shares will carry the same rights, privileges and conditions as are available
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Class B Preference Shares means the Class B Preference Shares, issuable in series, of BRP Equity. “Code” means the Code of Business Conduct and Ethics of Brookfield Renewable.
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Class B Preference Shares means the Class B preference shares in the capital of the Corporation;
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Class B Preference Shares means BRP Equity’s Class B Preference Shares, issuable in series. “Co-gen” means gas-fired co-generation.
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Class B Preference Shares means the class B preference shares to be issued by YeboYethu to Vodacom Group in step 6 (paragraph 3.6). The number of class B preference shares to be issued is dependent on the number of class A preference shares issued, as more fully set out in paragraph 3.6. At an assumed fourth implementation day VGL VWAP of R121.19, the number of class B preferences to be issued in this step is 5 284 708 valued at R5 285 million;
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Class B Preference Shares has the meaning set forth in Section 2.4.
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Class B Preference Shares means shares of a newly created Class B of the Company’s preference stock, that will have no economic rights and will not be transferable (other than to other Harbinger Investors and their Affiliates), but will have voting rights for the election of directors to the board of directors of the Company.
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