Examples of Class D Preferred Shares in a sentence
The Class D Preferred Shares of each series shall rank on a parity with the Class D Preferred Shares of every other series with respect to priority in the payment of dividends, if or to the extent that they are cumulative, and with respect to priority in the event of a Liquidation Distribution.
In addition, the Fund is authorized to issue an unlimited number of Class C Shares, Class D Shares, Class E Shares, Class C Preferred Shares, Class D Preferred Shares and Class E Preferred Shares, each such class of shares issuable in series.
The maturity date of the 825,000 AirTouch Class D Preferred Shares is 6 April 2020, although they may be redeemed at the option of the company, in whole or in part, after 7 April 2018.The 825,000 AirTouch Class E Preferred Shares have a maturity date of 7 April 2018 with no early redemption.
The Company used the relative fair value approach to value the Class D Preferred Shares and the associated warrants.
There have been no major events that have occurred or conditions that have influenced, favourably or unfavourably, the business of the Company, excepting that in March 2013, shareholders of the Company approved an amendment to the Company's capital structure, whereby, among other things, the Class A Preferred Shares were renamed "Class A Shares," the Class D Preferred Shares were renamed "Class D Shares," the Class F1 Preferred Shares were renamed "Class F Shares".