Class D Preferred Shares definition

Class D Preferred Shares means Class D preferred shares in the share capital of the Corporation;
Class D Preferred Shares means the Company’s Class D Preferred Shares, nominal value NIS 0.01 each.
Class D Preferred Shares means newly issued shares of the class of preferred stock of the Company that are being issued, subscribed and paid-in under the Investment Agreement dated as of the date hereof in connection with the Investment and that are automatically and mandatorily convertible into Class A Preferred Shares.

Examples of Class D Preferred Shares in a sentence

  • The Corporation is authorized to issue an unlimited number of Class A shares ("Common Shares"), an unlimited number of non-voting Convertible Class B Equity Shares ("Class B Shares"), an unlimited number of non-voting Class C Preferred Shares and an unlimited number of Class D Preferred Shares, issuable in series.

  • Any dividend payment made on the Class D Preferred Shares shall first be credited against the earliest authorized and declared but unpaid cash dividend with respect to the Class D Preferred Shares.

  • Holders of Class D Preferred Shares shall be entitled to receive, if, as, and when authorized and declared by the Board of Directors, out of assets of the Corporation legally available therefor, noncumulative cash dividends at an annual dividend rate determined from time to time in accordance with Section 4.6.2(a) hereof on the Liquidation Value, and no more.

  • Upon any such liquidation, dissolution, or winding-up of the Corporation, the holders of Class D Preferred Shares shall be entitled, before any distribution shall be made to the holders of common shares or any other Junior Stock, to be paid the full amount of the Liquidation Value, but the holders of Class D Preferred Shares shall not be entitled to any further payment with respect to such shares.

  • The amount payable on the outstanding Class D Preferred Shares in the event of any voluntary or involuntary liquidation, dissolution, or winding-up of affairs of the Corporation, out of the assets of the Corporation legally available for distribution to shareholders under applicable law, or the proceeds thereof, shall be equal to the Liquidation Value.


More Definitions of Class D Preferred Shares

Class D Preferred Shares means, collectively, the Class D1 Preferred Shares and the Class D2 Preferred Shares.
Class D Preferred Shares has the meaning set forth in the Recitals hereto.
Class D Preferred Shares has the meaning ascribed thereto in the Articles.
Class D Preferred Shares means the Class D preferred shares issued by the Company and converted into Class A Preferred Shares pursuant to the Bylaws;
Class D Preferred Shares means, collectively, the Class D1 Preferred Shares and the Class D2 Preferred Shares;
Class D Preferred Shares means all Class D preferred shares, exclusively owned by CIMINAS at present or in the future, of AR$ 1 par value per share, each of which is entitled to one (1) vote per share, which shall be issued by the Company following the Master Agreement and for good consideration of the Fourth Tranche Contribution carried out by CIMINAS, which have some degree of priority over Common Shares, preference of which shall be set forth in the terms and conditions of their issuance pursuant to the Master Agreement, and shall also be stated in the corresponding shareholders meeting of the Company. Pursuant to the MasterAgreement, Class D Preferred Shares may, under certain circumstances, be redeemed or converted into New Common Shares.
Class D Preferred Shares means the Company’s 8 1/8 Series D Cumulative Redeemable Preferred Shares, par value $.01 per share.