Examples of Class C Securities in a sentence
In the absence of a sole remaining Class C Director, such vacancies shall be filled by a majority vote of the holders of the Class C Securities, voting together as a single class.
Subject to Clause (d) of this Article FIFTH, so long as there are at least one share of Class A Common Stock, one share of either of the Class B Securities and one share of either of the Class C Securities outstanding, the Board of Directors may, by the affirmative vote of a majority of the Directors designate an Executive Committee of the Board (the "Executive Committee"), which shall consist of one (1) Class A Director, one (1) Class B Director and one (1) Class C Director.
If the minimum shares required for each of the Class A Common Stock, Class B Securities and Class C Securities are not outstanding, the Board may establish an Executive Committee with such members as it chooses.
However, if UBS AG defaults under its obligations to pay the Settlement Amounts due in respect of any of the Class Attributable Warrants in full on the applicable Settlement Date under such Class Attributable Warrants, the Maturity Date of the Securities will be extended to the date falling five Business Days following the completion of the sale of such defaulted Class Attributable Warrants (as described below under “Extension of the Maturity Date of the Class C Securities due to Warrant Default”).
So long as the Class C Securities Depositary shall have been appointed and is serving with respect to the Class C Preferred Units, payments and communications made by the Partnership to Class C Preferred Holders shall be made by making payments to, and communicating with, the Class C Securities Depositary.
So long as the Class C Preferred Units to be redeemed are held of record by the nominee of the Class C Securities Depositary, the Class C Redemption Price, plus an amount equal to all accumulated and unpaid distributions thereon to, but not including, the applicable Class C Redemption Date shall be paid by the Paying Agent to the Class C Securities Depositary on the Class C Redemption Date.
Failure by the Issuer to make payment of the amount contemplated under items (a) and (b) above in full on the Scheduled Maturity Date (save in the event that the Maturity Date of the Securities is postponed to the Warrant Extended Maturity Date as set out in “Extension of the Maturity Date of the Securities” below) would constitute an Event of Default and the Class C Securities would redeem (as described in more detail in the section entitled “Early Redemption in Full” below).
For purposes hereof, "Voting Stock" shall mean the Common Stock, Class B Securities and Class C Securities, and any Preferred Stock entitled to vote generally in the election of directors of the Corporation.
Maturity The Class C Securities are scheduled to mature in January 2019.
Maturity The Class C Securities are scheduled to mature in July 2019.