Examples of Amalco Preferred Shares in a sentence
UPM has or has access to the funds necessary to redeem the Amalco Special Shares and the Repap Preferred Shares after they have become Amalco Preferred Shares as contemplated in this Agreement.
Such Amalco Common Shares and Amalco Preferred Shares will be held beneficially and of record by those Sellers referenced at Exhibit H hereto, in each case free and clear of any Liens or restrictions on transfer (other than restrictions under applicable securities law and under the constating documents of Amalco), other than Permitted Encumbrances.
The share capital of Amalco will consist of 750,000,000 common shares without par value ("Amalco Common Shares") and 750,000,000 preferred shares ("Amalco Preferred Shares").
No certificates shall be issued in respect of the Amalco Preferred Shares, Series C or the Amalco Preferred Shares, Series F and such shares shall be evidenced by certificates representing Repap Preferred Shares, Series C and Repap Preferred Shares, Series F respectively.
The Amalco Common Shares and the Amalco Preferred Shares shall have the special rights, restrictions and attributes as are presently attached to the common shares without par value (the "Granges Common Shares") and the preferred shares ("Granges Preferred Shares") in the capital of Granges, respectively.