Series C Shares definition

Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

Series C Shares means the series C redeemable convertible preferred shares of par value USD 0.000005 each in the share capital of the Company having the rights, powers and preferences set out in the Articles of Association.

Series C Shares means, the Company’s series C preferred shares, par value 0.00001 per share.

Examples of Series C Shares in a sentence

• Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer Item 6 is amended and supplemented by adding the following: On March 23, 2023, CPPIB entered into a purchase agreement (the “Purchase Agreement”) with the Issuer, pursuant to which CPPIB agreed to sell and the Issuer agreed to buy 1,192,941 Non-Voting Series C Shares and 404,771 Non-Voting Series E Shares of the Issuer owned by CPPIB at a purchase price of $213.13 per Share (the “Transaction”).

• At the Closing, Enstar shall pay to CPPIB the amounts set forth on Schedule 1 in respect of the Non-Voting Series C Shares and the Non-Voting Series E Shares (such amounts, together, the “Closing Payment”) and CPPIB shall, in exchange thereof, sell to Enstar the number of Non-Voting Series C Shares and Non-Voting Series E Shares as set forth opposite CPPIB’s name on Schedule 1, free and clear of all Liens.

• The reason for this Amendment is to disclose that CPPIB has agreed to sell 1,192,941 non-voting convertible ordinary Series C shares (the “Non-Voting Series C Shares”) and 404,771 non-voting convertible ordinary Series E shares (the “Non-Voting Series E Shares” and, together with the Non-Voting Series C Shares, the “Shares”) of Enstar Group Limited (the “Issuer”) to the Issuer.

More Definitions of Series C Shares

Series C Shares means the series C redeemable convertible preferred shares, par value US$0.0001 per share, of the Company.

Series C Shares means the shares of Series C Convertible Preferred Stock, par value $.004 per share, of the Issuer.

Series C Shares means the series C convertible preference shares of £0.0001 each in the capital of the Company from time to time having the rights set out in the New Articles;

Series C Shares means shares of Series C Convertible Preferred Stock, par value $0.001 per share of the Company and having the rights, privileges, preferences and restrictions set forth in the Charter.

Series C Shares means Cumulative Rate Reset Preferred Shares, Series C in the capital of the Corporation;

Series C Shares has the meaning set forth in the recitals.

Series C Shares means the shares of Series C Convertible Preferred Stock purchased by investors in the Company as contemplated by the Share Exchange Agreement and any additional or replacement shares of preferred or common stock issued with respect to Series C Shares upon any stock dividend, stock split, recapitalization or similar event.