Global Preferred Shares definition

Global Preferred Shares means shares of the Convertible Perpetual Preferred Stock held by DTC in the form of one or more permanent global certificates in substantially the form set forth in Exhibit A hereto.

Global Preferred Shares shall have the meaning set forth in Section 3.12.

Global Preferred Shares shall have the meaning set forth in Section 22.

Examples of Global Preferred Shares in a sentence

• The number of shares of Series A Convertible Preferred Stock represented by Global Preferred Shares may from time to time be increased or decreased by adjustments made on the records of the Transfer Agent and DTC to reflect such changes as provided for herein.

• Members of, or participants in, DTC shall have no rights under the terms of the shares of Series A Convertible Preferred Stock with respect to any Global Preferred Shares held on their behalf by DTC or any custodian of DTC or under such Global Preferred Shares, and DTC may be treated by the Corporation, the Transfer Agent and any agent of the Corporation or the Transfer Agent as the absolute owner of such Global Preferred Shares for all purposes whatsoever.

• Notwithstanding the foregoing, nothing herein shall prevent the Corporation, the Transfer Agent or any agent of the Corporation or the Transfer Agent from giving effect to any written certification, proxy or other authorization furnished by DTC or impair, as between DTC and its members and participants, the operation of customary practices of DTC governing the exercise of the rights of a holder of a beneficial interest in any Global Preferred Shares.

• Xxxx, E-mail: xxxxxxx.xxxx@xxxxxxxxx.xxx) and (b) to any stockholder, at such Holder’s address at it appears in the stock records of the Corporation (which may include the records of the Transfer Agent) (or (i) in the case of Global Preferred Shares, in accordance with the applicable procedures of DTC, or (ii) at such other address for a stockholder as shall be specified in a notice given in accordance with this Section ‎13).

• To effect the conversion of shares of any Series A Convertible Preferred Stock, Holders must comply with the applicable procedures established from time to time by the Transfer Agent and, in the case of Global Preferred Shares, The Depository Trust Company (The Depository Trust Company or any successor thereto, “DTC”).

More Definitions of Global Preferred Shares

Global Preferred Shares has the meaning set forth in the Certificate of Designations.

Global Preferred Shares means the special preferred shares of Global which are to be issued under the Arrangement to Lumina in exchange for the Global Transferred Assets, which will have a value equal to the Global Net Fair Market Value less the fair market value of the Global Share Obligations, and having the terms and conditions set out in Schedule D to this Plan of Arrangement;