Examples of Series F Preference Shares in a sentence
If a withholding or deduction at source is required, the Company will, subject to certain limitations and exceptions described below, pay to the holders of the Series F Preference Shares such additional amounts (the “Additional Amounts”) as may be necessary so that every net payment made to such holders, after the withholding or deduction, will not be less than the amount provided for in this Certificate of Designation to be then due and payable.
The Company will have no obligation to pay dividends for a Dividend Period after the Dividend Payment Date for such period if the Board has not declared such dividend before the related Dividend Payment Date, whether or not dividends are declared for any subsequent Dividend Period with respect to the Series F Preference Shares.
The Series F Preference Shares shall not be entitled to the benefits of any retirement or sinking fund.
Except as set forth in Section 12, the rights attached to the Series F Preference Shares may only be varied in accordance with the provisions of Bye-law 52(a) contained in the Company’s Bye-laws.
The amount of dividends payable for the portion of the initial Dividend Period from the Issue Date up to and including August 31, 2018, and for any other period shorter than a full quarterly Dividend Period, on the Series F Preference Shares shall be computed on the basis of a 360-day year of twelve 30-day months.