Preferred Ordinary Shares definition

Preferred Ordinary Shares means the preferred ordinary shares in the capital of the Company having the rights and obligations attaching to such shares as set out in the New Articles;
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Preferred Ordinary Shares means the preferred ordinary shares with no par value in the share capital of Sasol;
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Preferred Ordinary Shares means the Shares authorised in terms of clause 6.1.2 of the MOI, which Shares are classified
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Examples of Preferred Ordinary Shares in a sentence

  • Third Cumulative Preferred Ordinary Shares together with a premium of 40p per share and cancelling and extinguishing all the said Preference Stocks and Preferred Shares.

  • Third Cumulative Preferred Ordinary Shares of 25p each given by extraordinary resolutions as provided in Article 11 of the Company’s Articles of Association, the authorised capital of the Company be reduced from £141,418,750 to £136,275,682 and that such reduction be effected by returning the whole of the capital paid up on the £3,502,564 7 per cent.

  • Other than in regard to the Preferred Ordinary Shares consented to be issued by the JSE on or about 29 February 2008, Preferred Ordinary Shares shall only be issued in accordance with such requirements as the JSE may impose from time to time.

  • The Company shall within such 3 (three) Business Day period also take all necessary steps and comply with all necessary procedures for the dematerialisation of the Preferred Ordinary Shares which have become subject to a Cessation of Preferred Rights with the relevant central securities depository.

  • Encumber all or any of the Preferred Ordinary Shares or all or any of its rights and/or interests therein or thereto or forming part thereof save as may be agreed in writing between the Company, the Holder and the relevant Preference Share Agent(s) (if, at the time, there is any Class A Preference Share, any Class B Preference Share or any Class C Preference Share in issue) from time to time.

  • If and to the extent the provisions of this clause 39.8 conflict with those in clauses 20.1 to 20.2, the provisions of this clause 39.8 shall prevail in respect of the Preferred Ordinary Shares.

  • Provided that in the event of a reduction of capital involving repayment of part only of the capital paid up or credited as paid up on the said Preference Shares and Preferred Ordinary Shares a proportionate part only of any such premium as aforesaid shall be payable.

  • Dispose of all or any of the Preferred Ordinary Shares held by it or all or any of its rights and/or interests therein or thereto or forming part thereof save pursuant to a share buy-back allowed in terms of clause 39.5 or as may be agreed in writing between the Company, the Holder and the relevant Preference Share Agent(s) (if, at the time, there is any Class A Preference Share, any Class B Preference Share or any Class C Preference Share in issue) from time to time.

  • The said Preference Shares and Preferred Ordinary Shares shall confer no further or other right to participate in profits or assets.

  • When the day for performance of any obligation of the Company in relation to the Preferred Ordinary Shares is not a Business Day then the Company shall perform such obligation on the immediately succeeding Business Day on the basis that such later performance shall not affect any calculation required to be made in respect of the Preferred Ordinary Shares.


More Definitions of Preferred Ordinary Shares

Preferred Ordinary Shares the preferred ordinary shares of 1p each in the capital of the Company in issue at Completion
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Preferred Ordinary Shares means the preferred ordinary shares of £0.10 each in the Company; "Product" means a product manufactured, supplied, exported, offered for sale or licensed to third parties at any time by or on behalf of the Company; "Prohibited Area" means the European Union and the US; "Prohibited Business" means the business of cloud based solutions for universal product and global tariff classification, import duty and tax calculation and remittance, and documents and compliance for import restrictions, export controls, carrier restrictions and HAZMAT and restricted party lists but limited to services of a type sold or developed by the Company during the 24 month period ending on the Completion Date; "Real Property" means all the properties short particulars of which are set out in schedule 6; "Recognised Investment Exchange" has the meaning given in section 285 of the Financial Services and Markets Xxx 0000, such exchanges including at the date of this agreement London Stock Exchange plc (including, without limitation, in its capacity as operator and regulator of AIM Market and Turquoise Derivatives); "Restricted Persons" means AS and Xxxx Xxxxx; "Retention Account" has the meaning given to such term in schedule 9; "Retention Amount" has the meaning given to such term in clause 3.2(b); "Retention End Date" means the earlier of: (a) the date four years after the Completion Date; and (b) the date upon which there ceases to be any sum standing to the credit of the Retention Account; "Sale Shares" means the shares in the capital of the Company referred to in schedule 2; "Sellers' Agent" means the person appointed to act as agent for the Sellers in accordance with clauses 15.9(a), 15.11 or 15.12 (as the case may be) and references in schedule 8 or 9 to the parties shall mean the Sellers' Agent and the Buyer; "Seller's Associate" means an Associate of a Seller other than the Company; "Sellers' GBP Transaction Costs" means the amount of £171,956.21 representing the expenses and/or other payment obligations of the Company in respect of the sale of the Sale Shares; "Sellers' USD Transaction Costs" means the amount of US$839,309.64 representing the expenses and/or other payment obligations of the Company in respect of the sale of the Sale Shares "Sellers' Solicitors" means Bird & Bird LLP, 00 Xxxxxx Xxxx, London EC4A 1JP;
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Preferred Ordinary Shares means the cumulative preferred ordinary shares of 10p each in the capital of the Company;
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Related to Preferred Ordinary Shares

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • Parent Ordinary Shares means the Ordinary Shares, nominal value NIS 0.0175 per share, of Parent.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Series E Preferred Stock means the Series E Preferred Stock, par value $0.001, of the Company.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Preference Stock means any and all series of preference stock, having no par value, of the Corporation.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.