Examples of Series N Shares in a sentence
The Series N Shares ranked senior to common shares of the Leverage Fund in payment of dividends and liquidation.
The issue of the Series N Shares may, at the sole discretion of the management board, be conducted by way of a public offering within the meaning of Article 3.1 of the Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies dated 29 July 2005, directed at the Eligible Shareholders.
The total number of Series N Shares shall not exceed the lower of: (i) the maximum number indicated in § 1 section 1; and (ii) the sum of the maximum number of the shares to which the Eligible Shareholders will be entitled to subscribe for in accordance with the first sentence of this § 1 section 5.
The Eligible Shareholder will be entitled to subscribe either for the maximum number of the Series N Shares offered thereto or for any lower number of the Series N Shares.
Once this time has lapsed the venue reserves the right to release the hold on the date(s) and space(s).
Conversion of Series N Shares into Series M SharesHolders of Series N Shares will have the right, at their option, on a Series N Conversion Date, to convert, subject to applicable law and the restrictions on conversion described below and the payment or delivery to the Company of evidence of payment of the tax (if any) payable, all or any of their Series N Shares registered in their name into Series M Shares on the basis of one Series M Share for each Series N Share.
The Trustee shall not enjoy the right to subscribe for and take up the Series N Shares.3. One Series J Bond gives a pre-emptive right to subscribe for and take up 25 (twenty five) Series N shares.4. Series N Shares shall be taken up in performance of the pre-emptive right under the procedure specified in Art.
The Underwriters propose to offer the Series N Shares initially at the offering price specified above.
The Company will, on theFloating Rate Calculation Date, give written notice of the Floating Quarterly Dividend Rate for the ensuing Quarterly Floating Rate Period to the registered holders of the then outstanding Series N Shares.The dividends on Series N Shares will accrue on a daily basis.
After a reasonable effort has beenmade to sell all of the Series N Shares at the price specified, the Underwriters may reduce the selling price to investors from time to time in order to sell any of the Series N Shares remaining unsold.