Redeemable Preference Share definition

Redeemable Preference Share means a Preference Share which is specified in the Issue Resolution as being liable to be redeemed in a manner permitted by the Corporations Act.
Redeemable Preference Share means a preference share which the Issue Resolution specifies is liable to be redeemed:
Redeemable Preference Share means a preference share in a society that is, or at the society’s option is, liable to be redeemed;

Examples of Redeemable Preference Share in a sentence

  • On redemption of a Redeemable Preference Share, the Company, after the holder has surrendered to the Company the certificate in respect of that Redeemable Preference Share, must pay to the holder the Redemption Amount in cash, by cheque or in any other form that the holder agrees to in writing.

  • Redemption Amount means, in relation to a Redeemable Preference Share, the amount specified to be paid on redemption of the Redeemable Preference Share.

  • Redemption Date means, in relation to a Redeemable Preference Share, the date specified in the Issue Resolution for the redemption of that Preference Share.

  • The Board may only allot a Preference Share where by resolution it specifies the Dividend Date, the Dividend Rate, and whether the Preference Share is or is not, or at the option of the Company is to be, liable to be redeemed, and, if the Preference Share is a Redeemable Preference Share, the Redemption Amount and Redemption Date for that Redeemable Preference Share and any other terms and conditions to apply to that Preference Share.

  • Preference Share means a preference share issued under clause 2.6. Redeemable Preference Share means a Preference Share which the Issue Resolution specified as being, or being at the option of the Company to be, liable to be redeemed.


More Definitions of Redeemable Preference Share

Redeemable Preference Share means a Preference Share which the Issue Resolution specifies as being, or being at the option of the Company to be, liable to be redeemed;
Redeemable Preference Share means a preference share that the Issue Resolution specifies is, or is at the Company’s option, liable to be redeemed;
Redeemable Preference Share means a preference share in a body corporate that is, or at the body’s option is to be, liable to be redeemed;
Redeemable Preference Share means a preference share which the Issue Resolution specifies is liable to be redeemed: (d) at a fixed time or on the happening of a particular event; (e) at the Company's option; or (f) at the holder's option.
Redeemable Preference Share means the Redeemable Preference Share ("RPS") to be issued by the Company pursuant to Article 5.
Redeemable Preference Share means the Redeemable Preference Shares of Amalco;
Redeemable Preference Share means a share of the class provided for in clause 4 of Annexure "A"