C Shares definition

C Shares means the C ordinary shares of £1.00 each in the share capital of GSKCHHL, which shares rank pari passu with the A Shares and the B Shares except that they carry no right to any Pre-Separation GSKCHHL Onward Dividend and carry no voting rights, all of which are fully paid and held as at the date of this Agreement by the SLPs;

C Shares means a temporary and separate class of shares which are issued at a fixed price determined by the Company;

C Shares means redeemable C Shares of US$0.01 each in the capital of the Company carrying the rights set out in articles 7(1) to 7(8) (inclusive) below;

Examples of C Shares in a sentence

• Name: Registered Office: Registered Number: Shareholders: The Local Authority - [  ] A Shares BSFI - [  ] B Shares PSP - [  ] C Shares Directors: Initial Directors:22 Secretary: : THIS DEED OF XXXXXXXXX is made the day of 200 BY  of  (Covenantor) in favour of the persons whose names are set out in the Schedule to this Deed and is supplemental to the shareholders’ agreement dated  200  made by (1) [BSFI], (2) [the Company], (3) [PSP], (4) [Local Authority] (Shareholders’ Agreement).

• The holders of C Shares pro rata to their holding of Shares and subsequently to any holders of C Shares who have accepted a fourth offer and any subsequent offers made to them pro rata to their combined holding of Shares following such fourth offer and for the avoidance of doubt the allotted shares shall be redesignated as C Shares.

• If the relevant allottee is not already a Shareholder the Shares shall, unless otherwise agreed pursuant to clause 6.2 (Shareholder Consent Matters) be designated as A Shares where the allottee is a public sector body or as C Shares where the allottee is a private sector body.

• Any person acquiring some or all of the C Shares pursuant to the provisions of this clause 9 and the Articles shall be required to accept a transfer to it of an equal proportion of the C Shareholder Debt (and the C Shareholder shall transfer such C Shareholder Debt) in accordance with the terms of the Shareholder Loan Agreement and this Agreement.

• Except where sub-clause (b) applies, the price for the C Shareholder Debt shall be the price agreed between the A Shareholder and the B Shareholder and the C Shareholder or, if a market valuation of the C Shares is requested in accordance with the Articles, then the parties shall require and procure that such market valuation shall also value the C Shareholder Debt and the transfer of the C Shareholder Debt shall be at the market value as so determined.

More Definitions of C Shares

C Shares means the C Ordinary Shares of £0.01 each in the capital of the Company having the rights set out in the Articles;

C Shares means a participating share of no par value in the capital of the Fund, denominated in British Pounds;

C Shares means C Shares in the capital of the Company having the rights and restrictions set out in paragraphs 1 to 7 (inclusive) of this Part VI;

C Shares means the convertible shares of 1 p each (unless the context otherwise requires) in the capital of the Company carrying the rights set out in Articles 42 to 42.11 (inclusive) below;

C Shares means a redeemable C ordinary share of $0.016281 in the Company;

C Shares means C shares of ten pence (£0.10) each in the capital of the Company having the rights and being subject to the restrictions set out in these Articles;

C Shares means ‘C’ shares in the issued share capital of the Company;