Examples of Class E shareholder in a sentence
The amount of the premium in respect of the retraction of the re-evaluated shares shall be adjusted accordingly, provided the Department in question shall afford the Company and each Class "E" shareholder (formerly Class "B" shareholder), or, in the event of a retraction of all the shares, the Company and each former Class "E" shareholder, the opportunity of challenging the departmental determination before the Department or before the courts.
Subject to the provisions of the second paragraph of section 123.54 of the Companies Act, each Class "E" shareholder, at any time and in his or her discretion, shall be entitled, upon written notice, to retract, and to require the Company to redeem, all or part of his or her shares, at a price equal to their "retraction value", to which value shall be added, as the case may be, the amount of any declared but unpaid dividends with respect to the Class "E" shares.
When the Company declares a dividend, each Class E shareholder is entitled to receive up to the dividend declared, with priority over shareholders of classes A, B, F, G, H and I shares, but subsequent to holders of Class D shares, from the funds applicable to the payment of dividends a monthly, preferred non-cumulative dividend of a maximum of one percent (1%) per month, calculated on the "redemption value" of the Class E shares, as this "redemption value" is defined in 5) below.
Shareholders’ subscribed to a total of 60,363 shares fully paid with the former Class E shareholder (IFC) and Class F shareholder (Home Mortgage Bank of Trinidad and Tobago) declining a total of 1875 shares.
When the Company declares a dividend, each Class E shareholder is entitled to receive up to the dividend declared, with priority over shareholders in classes A, B, F and G but subsequent to holders of Class D shares, from the funds applicable to the payment of dividends a monthly, preferred non-cumulative dividend of a maximum of one percent (1%) per month, calculated on the "redemption value" of the Class E shares, as this "redemption value" is defined in paragraph 5) below.
Each Class E shareholder will have one vote for each full Class E share held and a fractional vote for each fractional Class E share held.
When the Company declares a dividend, each Class E shareholder is entitled to receive up to the dividend declared, with priority over shareholders in classes A, B, F, G and H but subsequent to holders of Class D shares, from the funds applicable to the payment of dividends a monthly, preferred non-cumulative dividend of a maximum of one percent (1%) per month, calculated on the "redemption value" of the Class E shares, as this "redemption value" is defined in paragraph 5) below.
Voting Rights Each Class E shareholder will have one vote for each full Share held and a fractional vote for each fractional Share held.