Examples of Preference Holder in a sentence
See List of Separately-Adopted Business Preference and Re-Entry Policies, attached as Exhibit 1.Business Certificate Holders will not receive a preference in bidding on a residential rehabilitation offering unless there are at least two units and the property will be used to engage in business; and provided further that a Business Certificate of Preference Holder may not use priority to bid on rehabilitation offering if the intended use is for private residency.
Whether or not fractional shares would be issuable upon such conversion shall be determined on the basis of the total number of Preference Shares of the Preference Holder at the time of converting into Equity Shares and the aggregate number of Equity Shares issuable upon such conversion.
The Conversion Notice shall specify the number and series of Preference Shares that such Preference Holder elects to convert (such Preference Shares referred to as the “Relevant CCPS”) and state therein the name or names of any nominee for such Preference Holder in which the certificate or certificates for Equity Shares are to be issued and whether or not such Equity Shares are to be issued in physical form or dematerialized form.
A Preference Holder may exercise the Conversion Right by (a) delivering a written notice (a “Conversion Notice”) to the Company of its intention to so convert Preference Shares held by such Preference Holder into Equity Shares and (b) surrendering the relevant share certificates, duly endorsed, representing Preference Shares at the office of the Company together with the Conversion Notice.
If the Equity Shares are to be issued in dematerialized form, the Preference Holder shall also provide standard information required to allow the Company to issue such shares in dematerialized form.
The Company shall upon the written request at any time of any Preference Holder furnish or cause to be furnished to such holder a like certificate setting forth (A) such adjustment, (B) the Conversion Price and Conversion Ratio for such series of Preference Shares at the time in effect, and (C) the number of Equity Shares and the amount, if any, of other property that at the time would be received upon the conversion for such series of Preference Shares.
The Agent shall, on each Statement Date, deliver to the Borrower a Statement of Secured Obligations (and the Borrower shall forward a copy of such Statement of Secured Obligations to the Golden Shareholder and the Preference Holder).
The Preference Holder shall not (and the Borrower shall procure that the Preference Holder shall not), so long as any Secured Obligation is outstanding, establish, open or form in the Macau SAR a branch, agency, representation office, registered office, principal office or main place of business which might, in each case, cause the provisions of Article 20(b) or 16(m) of the Macau Code of Civil Procedure (approved by decree law no.
Subject to Clause 16.3.1(b), in respect of any sale or disposal which is conducted pursuant to any court or judicial proceedings in the Macau SAR, the Preference Holder may exercise its Preference Rights in accordance with applicable law.
The right of any Purchaser and Preference Holder to registration pursuant to Section 2.1 shall be conditioned upon such Person's participation in such underwriting and the inclusion of such Person's Registrable Securities in the underwriting to the extent provided herein.