Class C Preferred Shares definition

Class C Preferred Shares means the Class C Preferred Shares in the capital of the Corporation.

Class C Preferred Shares means the Class C Preferred Shares in the share capital of the Corporation;

Class C Preferred Shares means the Class C Preferred Shares (liquidation preference $25.00 per share) of the Initial General Partner.

Examples of Class C Preferred Shares in a sentence

• To the greatest extent allowed by law and except as expressly provided herein, the Class C Preferred Shares shall not have a separate class or series vote, but rather, shall vote on all matters submitted to the Company’s shareholders on an as converted basis, assuming conversion of all Class C Preferred Shares into Class A Common Shares and the further conversion of such Class A Common Shares into Common Shares at the applicable Conversion Ratio.

• The Class C Preferred Shares are entitled to a non-cumulative dividend at the rate of 4% per annum which shall be paid in preference and priority to any payment of dividends on the common shares of Merchant Growth.

• The Class C Preferred Shares where issued in connection with an asset transfer agreement between the Partnership and Merchant Growth dated July 1, 2019 whereby the Partnership sold certain tangible and intangible assets to Merchant Growth.

• B = Aggregate number of Common Shares, Class A Common Shares, Class B Preferred Shares and Class C Preferred Shares held of record, directly or indirectly, by residents of the United States (as determined in accordance with Rule 3b-4 under the Exchange Act) on the Determination Date.

• Any notice required by the provisions of these Special Rights and Restrictions to be given to the holders of Class C Preferred Shares shall be deemed given if deposited with Canada Post, postage prepaid, and addressed to each holder of record at his address appearing on the books of the Company.

More Definitions of Class C Preferred Shares

Class C Preferred Shares means the Company’s Class C Preferred Shares, nominal value NIS 0.01 each.

Class C Preferred Shares has the meaning set forth in the Recitals hereto.

Class C Preferred Shares means the shares of the class of preferred stock of the Company that were issued, subscribed and paid-in under the Class C Investment Agreement dated as of June 26, 2015, in connection with the Class C Investment and that are automatically and mandatorily convertible into Class A Preferred Shares.

Class C Preferred Shares means Class C non-voting preference shares in the share capital of Exchangeco.

Class C Preferred Shares means collectively the Series C Preferred Shares and the Series C-1 Preferred Shares.

Class C Preferred Shares means the Class C preferred shares issued by the Company and converted into Class A Preferred Shares pursuant to the Bylaws;

Class C Preferred Shares means the Class C Redeemable Preferred Stock.