Preference Share definition
Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.
Preference Share means a security to which is attached a preference or right over the securities of any class of equity securities of the reporting issuer, but does not include an equity security;
Preference Share means, in relation to a company, a share which confers a right to a dividend at a fixed percentage of the nominal value of the share, but no other right to share in the profits of the company;
Examples of Preference Share in a sentence
The Investor’s right to receive its Conversion Amount is (A) on par with payments for Ordinary Share and other Safes and/or Preference Share who are also receiving Conversion Amounts or Proceeds on a similar as-converted to Ordinary Share basis, and (B) junior to payments described in clauses (i) and (ii) above (in the latter case, to the extent such payments are Cash-Out Amounts or similar liquidation preferences).
More Definitions of Preference Share
Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company. “Public Share” means a Class A Share issued as part of the units (as described in the Articles) issued in the IPO.
Preference Share means a cumulative preference share in the capital of the Company.
Preference Share means a Share issued under Article 2.2.
Preference Share means a preference share as defined in section 8EA(1); and
Preference Share means a Share issued under articles 2.3 to 2.5 (inclusive);
Preference Share means a share by whatever name called, which does not entitle the holder thereof to the right to vote at a general meeting or to any right to participate beyond a specified amount in any distribution whether by way of dividend, or on redemption, in a winding up, or otherwise;
Preference Share means a preference share as defined in section 8EA(1); “qualifying purpose” means a qualifying purpose as defined in section 8EA(1).