Examples of Series Shares in a sentence
The Trustees may, without Shareholder approval, authorize one or more Classes of Shares (which Classes may without Shareholder approval be divided by the Trustees into two or more Series), Shares of each such Class or Series having such preferences, voting powers and special or relative rights or privileges (including conversion rights, if any) as the Trustees may determine and as shall be set forth in a resolution adopted in accordance with the By-Laws.
All necessary action by the Trust to authorize the Current Series Shares has been taken, and the Trust has the power to issue the Current Series Shares.
The Current Series Shares have been, and will continue to be, issued in accordance with the Trust Instrument and By-laws of the Trust and resolutions of the Trust’s Board and shareholders relating to the creation, authorization and issuance of the Current Series Shares.
The initial Closing of the offering of the City Park Quad (Columbus) Series Shares will occur within 30 days after the date subscriptions for the minimum aggregate amount of $135,000.00 of City Park Quad (Columbus) Series Shares have been accepted.
If laid, boats shall pass between the pin end and the inner distance marks when approaching the line to start.
Our Manager may, in its sole discretion, waive the 9.8% ownership limit with respect to a particular holder of Series Shares; provided, however, that our Manager may only waive the 9.8% ownership limit after it is presented with evidence satisfactory to it that such ownership will not then or in the future jeopardize a Series' qualification as a REIT.
Certificates representing Class A Series Shares resulting from conversion may be issued pursuant to such terms and conditions as may be established from time to time by the Directors.
The the third and fifth columns display numbers which indicate the order in which a nominated or established topic was present in the discourse.
Simultaneously with the issuance of the Series Shares, the subscription monies held by the Escrow Agent in escrow on your behalf will be transferred to the account of the applicable Series as consideration for such Series Shares.By executing the Terms of Purchase Agreement, you agree to be bound by the terms of the Subscription Agreement and the Limited Liability Company Agreement of the Company (as amended from time to time, the “Operating Agreement”).
The number of Class A Series Shares into which each Class B Series Share shall convert pursuant to the foregoing paragraph shall equal the number (including for this purpose fractions of a Share) obtained by dividing the net asset value per share of the Class B Series Shares for purposes of sales and redemptions thereof on the date of such conversion (the "Conversion Date") by the net asset value per share of the Class A Series Shares for purposes of sales and redemptions thereof on the Conversion Date.