Examples of Exchangeable Shares in a sentence
PPL is a related party by virtue of holding Class B and Class D Exchangeable Shares that are exchangeable into Shares of the Company.
The denominator in basic earnings per share includes PPL’s Class B and Class D Exchangeable Shares, since they are exchangeable into and economically equivalent to the Company’s common shares.
This receivable relates to royalty amounts receivable from the Royalty Pool system sales, while the payable to PPL relates to distributions payable to PPL by virtue of holding Class B and Class D Exchangeable Shares and other expenses paid by PPL on behalf of the Partnership.
The Exchangeable Shares, which were issued by Merrill Lynch & Co., Canada Ltd.
The Special Voting Preferred Share entitles the Trustee to exercise the number of votes equal to the number of Exchangeable Shares outstanding on a one-for-one basis during the term of the Trust Agreement.