Examples of Preferential Rights in a sentence
Options or Preferential Rights in Respect of SharesThere are no provisions of Guernsey law which confer pre-emption rights on existing Shareholders on the allotment of equity securities for cash.
The Covered Bonds are obligations issued or converted in accordance with the Covered Bond Act and rank pari passu with all other obligations of the Bank that have been provided with the same priority as Covered Bonds pursuant to the Swedish Preferential Rights of Creditors Act (1970:979) (förmånsrättslagen (1970:979)).
Under the brand name Etiqa, the Group offers customised services across all types and classes of life and general insurance, as well as family and general Takaful plans through a multi-channel distribution network including bancassurance, brokers and direct distribution.
Therefore, no steps may be taken that would constitute or result in a public offering of the New Shares, the Preferential Rights or the Scrips outside Belgium.
All six (6) Preferential Rights must pertain to Shares of the same class and must therefore have the same coupon number; it is not possible to combine positions in Preferential Rights relating to Ordinary Shares and Preferential Rights relating to Preferential Shares in order to have the requested number of Preferential Rights.