Examples of Class A Restricted Voting Shares in a sentence
Prior to any Qualifying Acquisition, the Class A Restricted Voting Shares may only be redeemed upon certain events.
Following closing of the Qualifying Transaction, the Corporation will not issue any Class A Restricted Voting Shares.
The holders of Class A Restricted Voting Shares have no pre-emptive rights or other subscription rights and there are no sinking fund provisions applicable to these shares.
Upon such redemption, the rights of holders of Class A Restricted Voting Shares as shareholders will be completely extinguished.
The holders of Class A Restricted Voting Shares would, however, be entitled to vote on and receive notice of meeting materials on all other matters requiring shareholder approval, including approval of an extension of the permitted timeline and of a proposed Qualifying Acquisition.