Class C Preference Shares definition
Examples of Class C Preference Shares in a sentence
The authorized capital stock of Parent consists of (i) 500,000,000 shares of Parent Common Stock, (ii) 200,000,000 Parent Class B Ordinary Shares, $0.01 par value per share ("PARENT SERIES B COMMON STOCK"), and (iii) 500,000,000 Class C Preference Shares, $0.01 par value per share ("PARENT PREFERRED STOCK").
Raison is the registered and beneficial owner of the Northland Ice Common Shares and 12,000 Class "C" Preference Shares, free and clear of any and all liens, charges, pledges, and encumbrances.
After payment to the holders of the Class C Preference Shares of the amount so payable to them as above provided, they shall not be entitled to share in any further distribution of the property or assets of the Corporation.
The authorized capital stock of Parent consists of -------------- (i) 500,000,000 shares of Parent Common Stock, (ii) 200,000,000 Parent Class B Ordinary Shares, $0.01 par value per share ("Parent Series B Common Stock"), and (iii) 500,000,000 Class C Preference Shares, $0.01 par value per share ("Parent Preferred Stock").
Upon the full satisfaction of Original Preference Share price of the Class C Preference Shares and the Class B Preference Shares, the Class A Preference Shares shall be paid their Original Preference Share Issue Price.
If, after the payment of the US$86.50 per Class C Preference Share, the assets and funds distributed among the holders of Class C Preference Shares and Class B Preference Shares shall be sufficient to permit the payment to such holders of the full Original Preference Share Issue Price, then the Class C Preference Share holders shall be paid US$21.81 per Class C preference Share and the Class B Preference Share holders shall be paid US$40 per share.
Each of Sasol and Sasol Financing hereby acknowledges in favour of the Class C Preference Shareholders that the Guarantee is given by each of Sasol and Sasol Financing in favour of the Class C Preference Shares is in respect of the obligations of the Company to the Class C Preference Shareholders on account of and in connection with the Class C Initial Subscription Shares and the Class C Subsequent Subscription Shares.
In the event, all amounts issued under the Class F Note and Class G Note have been repaid, the Class G Preference Shares and Class F Preference Shares will be paid in priority to the Class E Preference Shares, the Class D Preference Shares, the Class C Preference Shares, the Class B Preference Shares and the Class A Preference Shares, in the following amount = US$196.30 per Class G Preference Shares and US$262.88 per Class F Preference Share.
The United Kingdom Financial Services Authority and the London Stock Exchange respectively shall have agreed to the Admission of the Non-Vendor Placing Shares, the Vendor Placing Shares and the Vernalis Shares to be allotted and issued on Closing to Chiesi in connection with the purchase of its right to acquire Class C Preference Shares in the capital of the Corporation to the Official List and to trading on the London Stock Exchange, subject only to allotment.
If upon the occurrence of a Liquidation, the assets and funds distributed among the holders of the Class C Preference Shares are insufficient to permit the payment to such holders US$86.50 per Class C Preference Share held, then the remaining assets and funds of the Company shall be distributed ratably among the holders of the Class C Preference Shares in proportion to the amounts of such Class C Preference Shares owned by each such holder.