Proportionate Voting Share definition

Proportionate Voting Share means the proportionate voting shares of the Company, each of which carries 100 votes (as at the date hereof) and is convertible in certain circumstances into 100 Subordinate Voting Shares (or based on such other exchange ratio as is in effect from time to time).

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Proportionate Voting Share means a proportionate voting share in the capital of the Corporation, as described under “Description of Share Capital - Authorized Share Capital”.

Proportionate Voting Share means any one of them;

Examples of Proportionate Voting Share in a sentence

Subject to Articles 27.3 and 27.4, each Proportionate Voting Share shall entitle the holder to 40 votes and each fraction of a Proportionate Voting Share shall entitle the holder to the number of votes calculated by multiplying the fraction by 40 and rounding the product down to the nearest whole number, at each such meeting.
At any meeting of holders of Proportionate Voting Shares and Multiple Voting Shares called to consider such a separate ordinary resolution, each Proportionate Voting Share and Multiple Voting Share will entitle the holder to one vote and each fraction of a Proportional Voting Share and Multiple Voting Share shall entitle the holder to the corresponding fraction of one vote.
At any meeting of holders of Proportionate Voting Shares and Multiple Voting Shares called to consider such a separate special resolution, each Proportionate Voting Share and Multiple Voting Share shall entitle the holder to one vote and each fraction of a Proportionate Voting Share or Multiple Voting Share will entitle the holder to the corresponding fraction of one vote.
Each issued and outstanding Proportionate Voting Share shall, without any action by the holder, be subject to the terms of the Plan of Arrangement (as defined below) and the Purchaser Call Option (as defined below) granted pursuant to the Plan of Arrangement.
Each Proportionate Voting Share shall be convertible at the option of the holder into such number of Subordinate Voting Shares as is determined by multiplying the number of Proportionate Voting Shares in respect of which the Share Conversion Right is exercised by 40.
Holders of fractional Proportionate Voting Shares shall be entitled to receive any dividend declared on the Proportionate Voting Shares, in an amount equal to the dividend per Proportionate Voting Share multiplied by the fraction thereof held by such holder.
The directors may declare no dividend payable in cash or property on the Proportionate Voting Shares unless the directors simultaneously declare a dividend payable in cash or property on: (i) the Subordinate Voting Shares, in an amount equal to the amount of the dividend declared per Proportionate Voting Share divided by 40; and (ii) on the Multiple Voting Shares in an amount equal to the dividend declared per Proportionate Voting Share divided by 40.
The directors may declare no dividend payable in cash or property on the Subordinate Voting Shares unless the directors simultaneously declare a dividend payable in cash or property on: (i) the Proportionate Voting Shares, in an amount per Proportionate Voting Share equal to the amount of the dividend declared per Subordinate Voting Share, multiplied by 40; and (ii) the Multiple Voting Shares, in an amount per Multiple Voting Share equal to the amount of the dividend declared per Subordinate Voting Share.
Fractional Proportionate Voting Shares equal to 0.001 of a Proportionate Voting Share or greater may be issued to the JW Entities pursuant to this Plan of Arrangement.
Each issued and outstanding Proportionate Voting Share may at any time, at the option of the holder, be converted into 1,000 Common Shares.

More Definitions of Proportionate Voting Share

Proportionate Voting Share means, with respect to a particular class -------------------------- of stock, a fraction (a) the numerator of which is the number of shares of Common Stock into which such class of stock may be converted and (b) the denominator of which is the aggregate number of shares of

Proportionate Voting Share means a proportionate voting share in the capital of the Company or such other shares or other securities into which such proportionate voting share is converted, exchanged, reclassified or otherwise changed, as the case may be, from time to time.

Proportionate Voting Share means a proportionate voting share in the capital of the Resulting Issuer, as described under Section 10.1 - General Description of the Securities - Authorized Share Capital Upon Completion of the Transaction.

Proportionate Voting Share means a proportionate voting share in the capital of the Company; and

Proportionate Voting Share means, with respect to a particular class of stock, a fraction (a) the numerator of which is the number of shares of Common Stock into which such class of stock may be converted and (b) the denominator of which is the aggregate number of shares of Common Stock on a fully diluted basis (giving effect to the exercise of all then exercisable conversion, purchase or exercise rights).