Preference Shares. The term “
Preference Shares. The Corporation shall, where this clause is operative, take such steps as may be required or are desirable to effect the conversion of the issued and outstanding Class 3 Preference Shares into Common Shares.
Preference Shares. (a) The Company may issue preference shares and issued shares may be converted into preference shares provided that the rights of the holders of the preference shares with respect to the repayment of capital, participation in surplus assets and profits, cumulative or non-cumulative dividends, voting and priority of payment of capital and dividends in relation to other shares or other classes of preference shares are:
Preference Shares. When duly issued and paid for pursuant to and in accordance with the terms of the Underwriting Agreement and the Resolutions the Preference Shares will be validly issued, fully paid, non-assessable shares of the Company and will not be subject to any statutory pre-emptive or similar rights under Bermuda law or the Constitutional Documents.
Preference Shares. (a) The Parent shall not redeem the Preference Shares using the proceeds of any Note or Subscription.
Preference Shares. PLC and NV undertake to procure that the NV Preference Shares are cancelled prior to, or at, the Effective Date.
Preference Shares it will not, and will procure that none of its Subsidiaries will, issue any shares or stock which are redeemable at the option of the holder thereof or which mature or are mandatorily redeemable or which are convertible or exchangeable for Borrowed Money of the Group save as permitted under clause 12.2(f) or as set out in schedule 13; and
Preference Shares. Exchange Immediately following execution of the Receivables Exchange, the Company will procure that Asset Co issues an aggregate amount of US$200,000,000 of Preference Shares in the following proportions:
Preference Shares. Company’s convertible preferred shares, par value US$0.0001 per share, with rights and privileges as set forth in the Shareholders’ Agreement;
Preference Shares. 16. The holders of the Preference Shares shall have conversion rights as follows:
