CUMULATIVE PREFERENCE SHARES definition

CUMULATIVE PREFERENCE SHARES shall have the meaning set forth in the preamble to this Agreement; in addition, it shall also mean any new preference share which is issued by the Company upon the sale or other disposition by MGPE of a Series A Preference Share.
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CUMULATIVE PREFERENCE SHARES means the 400,000 51/2 per cent. Cumulative Preference Shares of 1 each in the capital of the Company and the 500,000 11 per cent. Cumulative Preference Shares of 1 each in the capital of the Company.
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CUMULATIVE PREFERENCE SHARES means paid-up irredeemable cumulative preference shares;
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Examples of CUMULATIVE PREFERENCE SHARES in a sentence

  • YOUR APPLICATION MUST BE MADE IN LOTS OF 10 CLASS A CUMULATIVE PREFERENCE SHARES OR HIGHER INTEGRAL MULTIPLES THEREOF.

  • AN APPLICATION FOR THE PUBLIC OFFER PREFERENCE SHARES IS SUBJECT TO A MINIMUM OF 100 CLASS A CUMULATIVE PREFERENCE SHARES.

  • APPLICATIONS FOR ANY OTHER NUMBER OF CLASS A CUMULATIVE PREFERENCE SHARES WILL BE REJECTED.

  • SUMMARY OF RIGHTS TO PURCHASE CUMULATIVE PREFERENCE SHARES, FIRST SERIES, OF COST-U-LESS, INC.

  • REDEEMABLE CONVERTIBLE CUMULATIVE PREFERENCE SHARES (Continued)On 28 June 2013, the Company and the PS holder entered into an amendment agreement to the Supplementary Agreement of the Preference Shares Agreement dated 31 March 2013 (the “Amendment Agreement”).

  • CUMULATIVE PREFERENCE SHARES The par value of the cumulative preference shares is  1.20.

  • NON CUMULATIVE PREFERENCE SHARES @ Rs. 1,000/SHARE- PREFERENCE SHAREHOLDER DO NOT HAVE RIGHT TO VOTE BUT THEY HAVE PREFERENCE IN PAYMENT OF DIVIDEND AND ENTITILED TO RECEIVE ANY OF THE REMAINING ASSETS OF THE COMPANY, BEFORE DISTRIBUTION TO EQUITY SHAREHOLDERS.ALSO HAVE RIGHT TO RECEIVE DIVIDEND (MISSED IN PAST DUE TO LOSSES OF COMPANY) AT THE TIME WHEN PROFIT ARISES.

  • REDEEMABLE CONVERTIBLE CUMULATIVE PREFERENCE SHARES 7ubject to the approvaI of the hoIders of the 2 per cent.

  • Code R/TA name Holding Report % Closed 30/06 M001 7,200,000.000 PKR NOON PAKISTAN LIMITED-12% CUMULATIVE PREFERENCE SHARES S008 Electricity PK0069901012 D.

  • Xxxxxxxxx, Vice President-Chief Financial Officer, Secretary and Treasurer DESIGNATION OF RIGHTS AND PREFERENCES OF CUMULATIVE PREFERENCE SHARES, FIRST SERIES OF COST-U-LESS, INC.

Related to CUMULATIVE PREFERENCE SHARES

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.