Examples of Class C Preferred in a sentence
Britannica also purchased 99% of the issued and outstanding pre-amalgamation Class C Preferred Shares for CDN $0.30 per share.
Certificate of Designation of 5% Adjustable Convertible Class C Preferred Stock as filed with the Delaware Secretary of State on April 23, 1997.
Each of the following shall be a “Member” of the Cooperative and collectively, all classes of membership may be referred to herein as “Members.” For purposes of these Bylaws, holders of Classes A and B Common Stock shall be considered and may be referred to as “Patron Members” and holders of Class C Preferred Stock shall be considered and may be referred to as “Investor Members”, as those terms are defined in Article 58 of the Colorado statutes.
Additional restrictions on transfer of membership interest in the Class C Preferred Stock may be defined in an Investor Member Agreement.
The Class C Preferred Shares are redeemable at the option of the Company for $25.00 per share after the respective optional redemption date.
For example, if you previously held 10 Class A Preferred Units and 10 Class C Preferred Units of Zevia LLC, you now hold 40 Class B Units that represented the same proportional economic interest in Zevia LLC as of immediately before the IPO.
Hercules initially committed $20.0 million in venture debt financing in December 2019 and currently holds 73,110 shares of Class C Preferred Units, as of September 30, 2020.
As a separate investment, the Corporation had invested a further $12 million in Class C Preferred Shares, which were entitled to cumulative dividends at a rate of 8 per cent per annum on the redemption price and were redeemable at any time by Sirius.
Preferred share dividends reflect dividends on our Class C Preferred Shares on which we pay an annual dividend of $1.875 per share on 3,000,000 outstanding shares as of December 31, 2007.
If fewer than all the shares represented by any such certificate representing Class C Preferred Shares are to be redeemed, a new certificate shall be issued representing the unredeemed shares.