D Shares definition

D Shares means the shares to be issued by the Company for the purposes of funding the Distribution System of the Company;

D Shares means ‘D’ ordinary shares of £0.05 each in the capital of the Company;

D Shares means Series D Shares, without par value, of the Issuer. As of the date hereof, D-Shares are divided into subseries D-B Shares and D-L Shares.

Examples of D Shares in a sentence

• All classes of shares have identical voting, dividend, liquidation and other rights and the same terms and conditions, except that Class B, Class C and Class D Shares bear certain expenses related to the account maintenance of such shares, and Class B and Class C Shares also bear certain expenses related to the distribution of such shares.

• All Class D Shares shall be of equal rank and shall be identical, except in respect of the matters that may be fixed by the Board of Directors as hereinafter provided, and each share of a series shall be identical with all other shares of such series, except as to the dates from which dividends shall accrue and be cumulative.

• The Company shall not enter into any agreement or file any amendment to its Articles of Incorporation (including the filing of a Certificate of Designation) which conflicts with this Section 5(d) while the Series D Shares and Warrants remain outstanding.

• The Class D Shares may be issued from time to time in one or more series.

• However, Class I Shares, which were originally purchased as Class D Shares will not convert to Class A Shares.

More Definitions of D Shares

D Shares means “D” shares in the Company having the rights set out in the Articles; Disposal means the disposal of all or substantially all of the assets and/or the undertaking of the Company;

D Shares has the meaning set forth in Section 2.02.

D Shares means the unissued D Shares in the Company, the rights of which are as set out in the Articles and which will be as set out in the New Articles, which as at the date of this document are owned by the Company (having been repurchased);

D Shares means the D Shares of the Company.

D Shares means 19 929 012 ordinary no par value shares in the stated capital of the Company, which will be held at the Effective Date by the Ukhamba Trust, BEE Compliant Persons (as defined in paragraph 1.7 of Schedule 1) (approximately 88.7% thereof) and the IUC Trust (approximately 11.3% thereof),comprising 53.1% of the aggregate of the "D" Shares and the "E" Shares, the terms and conditions of which shall be governed by Schedule 4 hereto;

D Shares means the convertible shares of £0.10 each in the capital of the Company.

D Shares means D-1 Shares and D-2 Shares.