Class C Special Shares definition
Examples of Class C Special Shares in a sentence
The Class C Special Shares shall have attached thereto, as a class, the rights, privileges, restrictions and conditions set out in this Article 8.
In the event that there are no holders of Common Shares, the holders of Class D Special Shares and Class C Special Shares shall, subject to the rights of the holders of the Class A Special Shares and Class B Special Shares, be entitled to receive all of the remaining property and assets of the Corporation.
The Class C Special Shares shall have attached thereto the following rights, privileges, restrictions and conditions: 5.1 The holders of the Class C Special Shares shall be entitled to receive notice of, to attend and speak at any meeting of the shareholders of the Corporation.
In the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, the holders of Class C Special Shares shall not be entitled to receive any of the property or assets remaining for distribution to shareholders of the Corporation, unless there are no holders of any Common Shares.
The holders of Class C Special Shares exercising their option to have the Corporation redeem, shall give notice to the Corporation setting out the date on which the Corporation is to redeem the shares, which date shall be not less than 10 days from the date of the notice, and if the holders desire to have less than all the Class C Special Shares registered in their names redeemed by the Corporation, the number of the shares of the holders to be redeemed.
Until altered, the forms of share certificates for the Common Shares, the Class A Special Shares, the Class B Special Shares and the Class C Special Shares of the Corporation shall be in the same forms respectively as the share certificates for the Common Shares, the Class A Preferred Shares, the Class B Preferred Shares and the Class C Preferred Shares of Delano, as such share certificate shall be amended from time to time.
Upon the redemption of Class C Special Shares, provided that a holder of any such Class C Special Shares shall have, prior to the date fixed for redemption, presented and surrendered to the Corporation the certificates representing all ATCOR Shares held by such holder which were converted into Class C Special Shares, the Corporation shall pay or cause to be paid to such holder the Redemption Price for each Class C Special Share so redeemed.
Overall the results imply that TARP was effective in promoting risk diversification in syndicated loan in general.Table 1.5 Lender level regression analysisThis table shows the results for OLS regressions on unique package-bank sample.
Each Class C Special Share shall be convertible, at the option of the holder thereof, at the office of the Corporation, into one Common Share and the number of Common Shares received upon the conversion of Class C Special Shares shall not be subject to adjustment at any time including, without limitation, pursuant to the provisions of paragraph 4(c).
The holders of the Class C Special Shares shall not be entitled to receive dividends on such class of shares.