Examples of Series G Preference Shares in a sentence
In connection with a complete redemption of all Series G Preference Shares by Lender in accordance with the Certificate of Designations, Lender may offset the then outstanding balance of this Note against any amounts otherwise due in cash to Borrower in connection with the redemption.
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 G Preference Shares.
The aim of the proposal is to counter the tax incentive for companies to finance investments through debt rather than equity, due to the possibility for companies to deduct interest attached to debt financing, but not the costs associated with equity financing.
For purposes of any vote by the holders of the Series G Preference Shares pursuant to the foregoing provisions of this Section 8, each Series G Preference Share shall have one (1) vote per share.
Each such mailed notice shall state, as appropriate: (1) the Call Date; (2) the number of Series G Preference Shares to be redeemed and, if fewer than all the Series G Preference Shares held by such holder are to be redeemed, the number of such shares to be redeemed from such holder; (3) the redemption price; and (4) the place or places at which certificates for such Series G Preference Shares are to be surrendered.
In general, the Series G Preference Shares may not be redeemed at any time if the Enhanced Capital Requirement would be breached immediately before or after giving effect to such redemption, unless the Company replaces the capital represented by Series G Preference Shares to be redeemed with capital having equal or better capital treatment under the Group Rules.
Prior to delivering notice of redemption as provided in paragraph (f) below, the Company will file with its records of the corporation a certificate signed by an officer of RenaissanceRe affirming its compliance with the redemption provisions under the Companies Act 1981 relating to the Series G Preference Shares, and stating that the redemption will not render the Company insolvent or cause it to breach any provision of applicable Bermuda law or regulation.
This chapter combines aspects of the team’s social, political and ecological analysis with additional research to inventory, analyze, and map the area’s threats and sources of threats.
On or after July 15, 2026, the Company, at its option, may redeem the Series G Preference Shares, in whole at any time or from time to time in part, for cash at a redemption price of $25,000.00 per Series G Preference Share, plus any amounts payable pursuant to Section 5(b) hereof.
Subject to Section 5(d) hereof, the Series G Preference Shares shall not be redeemable by the Company prior to July 15, 2026.