Class E Preferred Shares definition
Examples of Class E Preferred Shares in a sentence
The Class E Preferred Shares Series 1 and the Class F Preferred Shares rank pari passu as to distribution upon liquidation.
The holders of the Class E Preferred Shares shall not be entitled to receive notice of, attend or vote at any meetings of shareholders of the Corporation or Cura-Can except as expressly provided by the Act.
Any notice required by the provisions of this Article 21.4 to be given to the holders of Class A Preferred Shares, Class B Preferred Shares, Class D Preferred Shares, Class E Preferred Shares or Class F Preferred Shares shall be deemed given if deposited in the United States mail or Canadian mail, postage prepaid, and addressed to each holder of record at that holder's address appearing on the books of this Company.
UFJ Bank may at any time repurchase and cancel the Class E Preferred Shares Series 1, separately or at the same time as it repurchases or cancels one or more other classes of shares issued by UFJ Bank.
The Company is authorized to issue 1,000,000 Class A Preferred Shares, 8,000,000 Class B Preferred Shares, 8,000,000 Class C Preferred Shares, 8,000,000 Class D Preferred Shares, 4,000,000 Class E Preferred Shares, 4,000,000 Class F Preferred Shares, 4,000,000 Class G Preferred Shares and 4,000,000 Class H Preferred Shares.
Each holder whose Class E Preferred Shares are converted pursuant to Section 3.1 shall surrender the certificate or certificates therefor, duly endorsed, at the office of the Corporation or Cura-Can, as the case may be, or any transfer agent for the shares of the Corporation or Cura-Can, as the case may be.
Such conversion shall be deemed to have been made immediately prior to the close of business on the date of such surrender of the Class A Preferred Shares, Class B Preferred Shares, Class D Preferred Shares, Class E Preferred Shares or Class F Preferred Shares to be converted, and the person or persons entitled to receive the Class A Common Shares issuable upon such conversion shall be treated for all purposes as the record holder or holders of such Class A Common Shares as of such date.
The approval of the holders of the Class E Preferred Shares to delete or vary any rights, privilege, restriction or condition attaching to the Class E Preferred Shares as a class or any other matter requiring the approval or consent of the holders of the Class E Preferred Shares, as a class, may be given by at least two-thirds (2/3rds) of the votes cast at a meeting of the holders of the Class E Preferred Shares duly called for the purpose and held upon at least twenty-one (21) days' notice.
If no Liquidity Event has occurred on or prior to the Maturity Date, all issued and outstanding Class E Preferred Shares shall, on the Maturity Date, be automatically converted into such number of Cura-Can Shares calculated by dividing the aggregate Original Issue Price of all of such holder’s Class E Preferred Shares by the Fair Market Value of the Cura-Can Shares.
This Company shall, as soon as practicable thereafter, issue and deliver at such office to such holder of Class A Preferred Shares, Class B Preferred Shares, Class D Preferred Shares, Class E Preferred Shares or Class F Preferred Shares or to the nominee or nominees of such holder, a certificate or certificates for the number of Class A Common Shares to which such holder shall be entitled as aforesaid.