Series L Shares definition

Series L Shares. The term “Series L Shares” shall mean validly issued, fully paid and non-assessable limited voting Series L Shares, without par value, of the Company as to which all preemptive rights have been irrevocably and validly exercised or waived.
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Series L Shares means the special, limited voting, unrestricted shares of Series L Common Stock of the Company, with a par value of P$1.00.
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Series L Shares shall have the meaning set forth in the Preamble.
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Examples of Series L Shares in a sentence

  • Exclusion of the pre-emptive rights with respect to the Series L SharesThe issue of the Series L Shares and the making of the corresponding in-kind contribution in the form of 3,120,000 (three million, one hundred and twenty thousand, i.e. 1,040,001 preferred shares and 2,079,999 ordinary shares) shares with a nominal value of PLN 100 (one hundred zlotys) each in the share capital of Santander Consumer Bank S.A. with its registered office in Wrocław and postal address: ul.

  • The issue of the Series L Shares in exchange for the In-Kind Contribution will enable the Bank to take control over SCB without the necessity for the Bank to spend significant funds or incur debt.

  • The Series L Shares will be paid for by SCF prior to the registration of the increased share capital, entirely in the form of the In-Kind Contribution.Ms Bożena Graczyk, a statutory auditor appointed by the competent registry court, has issued an opinion on the report of the Bank’s Management Board regarding the in-kind contributions made in order to cover for the increased share capital and Citigroup Global Markets Limited has issued a fairness opinion on the fair value of the In-Kind Contribution.23.

  • ConclusionIn view of the foregoing, the Bank’s Management Board believes that the exclusion of the pre- emptive rights of the Bank’s existing shareholders, in connection with the issuance of the Series L Shares, is in the Bank’s best interests, results from its strategy and development plans and is necessary due to the specific nature of the issue which involves making an in-kid contribution.

  • First, as we have seen, a threshold determination must be made under Article I:1 that the measure is covered by the GATS.174 This determination requires that there be "trade in services" in one of the four modes of supply, and that there be also a measure which "affects" this trade in services.

  • The Extraordinary General Meeting of the Bank decides that the Bank will seek the admission and introduction of the Series L Shares to trading on the regulated market operated by the Warsaw Stock Exchange (the “WSE”) and that the Series L Shares will be dematerialised within the meaning of the Act dated 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies.

  • Acting pursuant to Article 433 § 2 of the CCC, all the pre-emptive rights of the Bank’s existing shareholders with respect to the Series L Shares shall be excluded, which shall be in the Bank’s best interests.

  • Manner in which the issue price of the Series L Shares is to be establishedThe issue price of the Series L Shares was determined at PLN 400.53 (four hundred zlotys and 53/100) per Series L Share, i.e. PLN 2,156,414,268.06 (two bilion, one hundred and fifty-six million, four hundred and fourteen thousand, two hundred and sixty-eight zlotys and 06/100) for all the Series L Shares.

  • A written opinion of the Bank’s Management Board justifying the reasons for the exclusion of the pre-emptive rights of the existing shareholders with respect to the Series L Shares and the proposed issue price of the Series L Shares is attached hereto as Schedule No. 1.

  • The Bank’s Management Board believes that the increase in the share capital through the issuance of new shares in the Bank, with the exclusion of all the pre-emptive rights of the existing shareholders, and the Bank’s related offer, by way of a private subscription, the Series L Shares exclusively to SCF, is the optimal instrument and is in the Bank’s best interests to perform the aforementioned transaction.


More Definitions of Series L Shares

Series L Shares means ordinary, nominative Series L Shares of the Company, without par value, that are authorized by the estatutos sociales of the Company.
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Series L Shares means the series of common stock to be authorized in the ENA Charter that will be issuable to LATA in accordance with the terms of this Agreement.
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Series L Shares has the meaning ascribed to the term "New Series L Shares" in the Share Purchase Agreement.
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Related to Series L Shares

  • Series A Shares means shares of Series A Convertible Preferred Stock, par value $0.001 per share, of the Company.

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

  • Series A Preferred Shares means the Series A 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 B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

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

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • 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 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.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

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

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series A Stock means the Company's Series A Convertible Redeemable Preferred Stock, par value $.005 per share.

  • 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.

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

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.00001 per share.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

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

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

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

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