Redeemable Preference Shares definition

Redeemable Preference Shares means redeemable non-participating preference shares of a nominal value of £0.01 in the capital of the Company having the rights and privileges and being subject to the restrictions contained in these articles;

Redeemable Preference Shares means the redeemable preference shares, $1.00 par value, issued by RIHL as described in the Bye-laws.

Redeemable Preference Shares or “RPS” shall mean shares issued as consideration as per Clause 8 of this

Examples of Redeemable Preference Shares in a sentence

• At the date of this Offering Circular, the Guarantor’s authorised share capital consisted of €130,100,002 comprised of 433,333,340 Ordinary shares with a par-value of €0.30 each and 10,000,000 Non-cumulative Redeemable Preference Shares of €0.01 each.

• For avoidance of doubt, the aggregate value of the payments to be made under the Debt Settlement, the Scheme Cash, the principal amount of the Convertible Bonds and the redemption amount of the Redeemable Preference Shares shall not exceed HK$135.00 million in any event.

• Repayment of capital upon winding up : In the event of liquidation of the Company, the holders of the Redeemable Preference Shares will be paid out of the assets of the Company legally available for distribution to its members an amount equal to the redemption price before any distribution is made to holders of any ordinary Shares.

• Upon completion of the Capital Reorganisation, the authorised share capital of the Company will be increased to HK$700.00 million, divided into (i) 25,000,000,000 Consolidated Shares of HK$0.004 each and (ii) 600,000,000 Redeemable Preference Shares of HK$1.00 each, of which 127,790,555 Consolidated Shares will have been issued and credited as fully paid up for the amount of HK$511,162.22, and the Company will propose the Consolidated Shares be traded in a board lot size of 20,000 Consolidated Shares each.

• The terms of the Convertible Bonds and the Redeemable Preference Shares are subject to further negotiation and amendment.

More Definitions of Redeemable Preference Shares

Redeemable Preference Shares means Preferred Stock which is redeemable on its maturity date.

Redeemable Preference Shares means the redeemable preference shares of €0.01 each in the capital of the Company;

Redeemable Preference Shares means preference shares that are issued on the terms that they are liable to be redeemed and they may be redeemable at—

Redeemable Preference Shares or “RPS” means all non-cumulative redeemable preference shares in the issued, subscribed and paid up share capital of the Company each having face value of INR 1000/- (Rupees One Thousand only) when issued, and subject to such terms and conditions, as captured in is Agreement;

Redeemable Preference Shares means the redeemable preference shares of €0.01 each in the capital of Tevat;

Redeemable Preference Shares means any of the Class A-2, Class B-2, Class C-2 or Class D-2 redeemable participating preference shares, par value 1000 Shillings each, of the Company.

Redeemable Preference Shares means 50,000 (fifty thousand) non-voting redeemable preference shares with a nominal value of GBP 1 (one Pound) each issued in the share capital of NewCo;