Examples of Special Preferred Voting Shares in a sentence
The Special Preferred Voting Shares shall not have any Percentage Interest (as defined in the Trust Agreement) and shall not be entitled to any allocation of income, gain or loss, except in connection with transactions of the type from which a Special Preferred Voting Shareholder is entitled to distributions in accordance with Section 2.
For information relating to the effects of the Transaction on our Special Preferred Voting Shares and the Special Common Units issued by our subsidiary, Centerline Capital Company LLC, see “Centerline Information — Company Securities” beginning on page 27.
Consent by the Independent Trustees to the Transfer of Special Preferred Voting Shares by a Special Preferred Voting Shareholder pursuant to this Section 6(c) shall also be deemed to be consent under the Amended and Restated Operating Agreement to the concurrent transfer to the same Person of the same number of Special Common Units.
Notwithstanding Section 6(a) hereof, a Special Preferred Voting Shareholder may Transfer all or any portion of its Special Preferred Voting Shares (i) to an Affiliate (as defined herein) of the Special Preferred Voting Shareholder or (ii) with respect to pledges permitted pursuant to each Special Preferred Voting Shareholder's respective Lock-Up Agreement (as defined herein), if any.
The Trust shall not, without the affirmative vote or consent of the holders of a majority of the outstanding Special Preferred Voting Shares, amend, alter or repeal the terms of the Special Preferred Voting Shares or any provisions of the Trust Agreement that would adversely affect the powers, preferences, privileges or rights of the Special Preferred Voting Shares.
Upon the later of the giving of notice by the Trust pursuant to this Section 3 and the date of the exchange of such CCC Units pursuant to the Exchange Rights Agreement, the Special Preferred Voting Shares to be redeemed shall be deemed not to be outstanding and all voting rights under Section 5 hereof with respect to such Special Preferred Voting Shares shall cease.
Based on (i) Total Common Shares and (ii) Special Preferred Voting Shares.
The Special Preferred Voting Shares shall be allocated among the Persons comprising Purchaser in accordance with the allocation of CCC Units on Schedule 2.5 of the Contribution Agreement, as such Schedule is adjusted for any adjustment thereunder, as directed by Contributor's Agent with the Consent of CCC.
For information relating to the effects of the Transaction on our Series A Convertible Community Reinvestment Act Preferred Shares, our Special Preferred Voting Shares and the Special Common Units issued by our subsidiary, Centerline Capital Company LLC, see “Centerline Information — Company Securities” beginning on page 26.
Notwithstanding any other provision of the Trust Agreement or the Second Amended and Restated Bylaws of the Trust, as amended from time to time (the "TRUST BYLAWS") to the contrary, a certificate representing Special Preferred Voting Shares shall be validly issued upon the manual signature of any one or more Managing Trustee.