Examples of Class C Common Share in a sentence
The Corporation shall pay a purchase price per Class C Common Share equal to the Liquidation Amount (plus all accrued and accumulated but unpaid dividends thereon) of such Class C Common Share as of the date of the redemption.
Dividends shall accrue on such accumulated dividends at the rate or rates specified in Section 3A and all dividends which have accrued on each Class C Common Share outstanding during the three-month period (or other period in the case of the initial Common Dividend Reference Date) ending upon each such Common Dividend Reference Date shall be accumulated and shall remain accumulated dividends with respect to such Class C Common Share until paid to the holder thereof.
On any such redemption, the Corporation shall pay a purchase price per Class C Common Shares equal to the product of (i) the Class C Common Redemption Premium and (ii) the Liquidation Amount (plus all accrued and accumulated but unpaid dividends thereon) of such Class C Common Share as of the Class C Redemption Date (as defined below).
Our authorized capital stock consists of two hundred million (200,000,000) common shares at par value $0.00001 per share (the “Common Share”), comprises of 100,000,000 of Class A Common Share, 75,000,000 of Class B Common Share and 25,000,000 of Class C Common Share.
The date on which the Corporation initially issues any Class C Common Share shall be deemed to be the "date of issuance" of all Class C Common Shares (whether or not such Class C Common Share was issued on such date) regardless of the number of times transfer of any Class C Common Share is made on the stock records maintained by or for the Corporation and regardless of the number of certificates which may be issued to evidence any Class C Common Share.
The "Class C Put Price" shall mean an amount of cash equal to the Liquidation Amount (plus all accrued and accumulated but unpaid dividends thereon through the date of the Class C Put Closing) of each Class C Common Share specified by a Class C Offering Holder in its Class C Put Notice.
Each Class A Common Share, each Class B Common Share and each Class C Common Share shall, except as otherwise provided in these Bye-laws, be identical in all respects and shall have equal rights, powers and privileges.
Each Class C Common Share shall entitle the holder thereof to one vote on any proposal subject to this Section 6.5.8.
In determining the Current Conversion Price, the result shall be expressed to the nearest $0.01, but any such lesser amount shall be carried forward and shall be considered at the time of (and together with) the next subsequent adjustment which, together with any adjustments to be carried forward, shall amount to $0.01 per Class A Common Share, Class B Common Share or Class C Common Share more.
Upon any Transfer of a Class C Common Share to any Person other than to an Affiliate of the holder of such Class C Common Share, such Class C Common Share shall automatically convert into one Class A Common Share.