Examples of Convertible Preferred Shares in a sentence

Buyer shall execute and deliver to Seller: (i) Convertible Preferred Shares in paragraph 1.02 of this Agreement in a form acceptable to Seller.
The number of common shares will be determined by dividing the stated value of the Convertible Preferred Shares, Series B to be converted by the Conversion Price.
The Corporation may not redeem all or any portion of the outstanding Series B Convertible Preferred Shares.
The cash payment conferred by this Section 5.2(d) to the holders of the Series B Convertible Shares will be made only to the extent the Series B Convertible Preferred Shares have not been previously converted.
After the payment of (i) the full liquidation preference of the Series A Preferred Shares set forth in Section 5.1(b) above and (ii) the full liquidation preference of the Series B Convertible Preferred Shares set forth in this section 5.2(d), the remaining net assets of the Corporation, if any, shall be distributed ratably to the holders of Common Shares and Series B Convertible Preferred Shares on an as-if-converted to Common Shares basis.

More Definitions of Convertible Preferred Shares

Convertible Preferred Shares means convertible preferred shares of the Company with those terms as set forth in the organizational documents of the Company and the Conversion Agreement.

Convertible Preferred Shares means convertible non-voting preferred shares in the capital of the Corporation.

Convertible Preferred Shares has the meaning set forth in Section 2.3(b).

Convertible Preferred Shares means the $2,100,000,000 of Dynegy’s Convertible Preferred Shares issued on the Chapter 11 Plan Effective Date.

Convertible Preferred Shares means the Series A perpetual convertible preferred shares of the Company issued on October 1, 2020.