Participating Shares definition

Participating Shares means shares that entitle their holders to participate without limitation in distributions.
Participating Shares means the Class of participating shares in the capital of the Company of par value US$0.0001, representing the non-voting
Participating Shares means shares that entitle their hold- ers to participate, without limitation, in distributions.

Examples of Participating Shares in a sentence

  • Participating Shares Participating Shares only carry the right to vote on a class resolution of the holders of each respective Class of Shares relating to the variation, or deemed variation, of the class rights attaching to Participating Shares of that Class or on a resolution to wind up the Fund.

  • The issuance, acquisition and cancellation of Participating Shares are accounted for as equity transactions.

  • The functional and presentational currency reflects the fact that the Participating Shares of the Fund are issued in Sterling and the primary activity of the Fund is to invest in British properties and property funds.

  • There are three classes of Participating Shares, being the A (Income) Class, the B (Accumulation) Class and the C (Accumulation) Class.

  • On a winding up, Participating Shares carry the right to repayment of the nominal amounts paid up on them, and, after the nominal amounts have been repaid on the Management Shares, to distribution of the Fund’s surplus assets.


More Definitions of Participating Shares

Participating Shares means shares that entitle the holders of the shares to participate without limitation in distributions.
Participating Shares means (i) shares of Class A Common Stock, Class B Common Stock, and, solely prior to the automatic conversion thereof upon and as a result of the BCA Transaction, Class F Common Stock and (ii) shares of any other class or series of Common Stock or Preferred Stock to the extent that, in accordance with the terms thereof, such shares are entitled to participate with Class A Common Stock in, as applicable, (x) dividends or distributions paid by the Corporation, or (y) any liquidation, dissolution or winding up of the Corporation. Notwithstanding the foregoing, shares of Class C Common Stock and shares of Class D Common Stock, and shares of Class E Common Stock shall not be considered Participating Shares except, solely in the case of a liquidation, dissolution or winding up of the corporation, to the extent provided in Section 4.3(c)(ii) or (iii) as applicable.
Participating Shares means the number of a Participant's Shares that are participating in the DRP as at the Record Date calculated in accordance with clause 4;
Participating Shares means shares that entitle their holders to
Participating Shares means Series A Convertible Preference Shares, Series C Convertible Preference Shares and Common Shares.
Participating Shares means non-voting, non-redeemable participating shares in the capital of the Company of par value US$0.0001;
Participating Shares means shares of any other class or series of Common Stock or Preferred Stock to the extent that, in accordance with the terms thereof, such shares are entitled to participate with Common Stock in, as applicable, (x) dividends or distributions paid by the Corporation, or (y) any liquidation, dissolution or winding up of the Corporation.