Preference Share definition

Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

Preference Share means a security to which is attached a preference or right over the securities of any class of equity securities of the reporting issuer, but does not include an equity security;

Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company. “Public Share” means a Class A Share issued as part of the units (as described in the Articles) issued in the IPO.

Examples of Preference Share in a sentence

• Upon receipt by any holder of Series A1 Preference Shares of a Notice of Redemption at Option of Company, such holder will promptly submit to the Company such holder’s Series A-1 Preference Share certificates.

• Commencing on the date of the issuance of any such Series A-1 Preference Shares (each respectively an “Issuance Date”), each outstanding Series A-1 Preference Share will accrue cumulative dividends (“Dividends”), at a rate equal to 8% per annum (“Dividend Rate”), of the Series A-1 Face Value (as defined below).

• Each Preference Share will have 100 votes, voting together with the Common Shares.

• Each warrant is convertible into one Series II Preference Share of the Company at a price of US$0.50 at any time up to July 29, 2009.

• No fractional Preference Shares will be issued (other than fractions which are integral multiples of one one-hundredth of a Preference Share, which may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash will be made based on the market price of the Preference Shares on the last trading day prior to the date of exercise.

More Definitions of Preference Share

Preference Share means a Share issued under Article 2.2.

Preference Share means a preference share as defined in section 8EA(1); and

Preference Share means, in relation to a company, a share which confers a right to a dividend at a fixed percentage of the nominal value of the share, but no other right to share in the profits of the company;

Preference Share means a Share issued under articles 2.3 to 2.5 (inclusive);

Preference Share means a preference share that is redeemable solely at the request of the Market Participant.

Preference Share means a cumulative preference share in the capital of the Company.

Preference Share means a share by whatever name called, which does not entitle the holder thereof to the right to vote at a general meeting or to any right to participate beyond a specified amount in any distribution whether by way of dividend, or on redemption, in a winding up, or otherwise;