Examples of Exchangeable Preferred Shares in a sentence
The class of shares of beneficial interest in the Trust being created by these Articles Supplementary shall be designated as "Class A Exchangeable Preferred Shares", par value $.01 per share ("Class A EPS"), and 30,000,000 shall be the number of shares of Class A EPS constituting such class.
There are hereby designated 15,000,000 "Class B Exchangeable Preferred Shares", par value $.01 per share ("Class B EPS").
As used herein, the term "Shares" shall mean and include (i) the Class A Shares, Class B Shares, Excess Trust Shares, Class A Exchangeable Preferred Shares, Class B Exchangeable Preferred Shares, Trust Preferred Shares and Excess Preferred Shares, and (ii) from and after the issuance of Shares of any other and additional classes of Shares so created and authorized by the Trustees, such Shares.
If CLEC wishes to pursue a successor agreement with AT&T, CLEC shall attach to its written confirmation or Notice of Expiration, a written request to commence negotiations with AT&T under Sections 251/252 of the Act and identify each of the state(s) to which the successor agreement will apply.
Insolvency Put Rights ParentCo grants certain "insolvency put rights" to the holders of LuxCo Exchangeable Preferred Shares.
The network is decentralized, which means there is no governing authority or one individual in charge of the network.
Such notice shall state (i) the exchange date; and (ii) the place or places where certificates for such Debentures are to be mailed in exchange for Exchangeable Preferred Shares.
The Voting and Exchange Trust Agreement provides a mechanism under which holders of LuxCo Exchangeable Preferred Shares may instruct the Trustee how to vote the particular votes conferred by the ParentCo Special Voting Preferred Share relating to the holder's LuxCo Exchangeable Preferred Shares.
On the liquidation of LuxCo, holders of the LuxCo Exchangeable Preferred Shares are entitled to exchange their LuxCo Exchangeable Preferred Shares for ParentCo Common Shares at the Exchange Ratio.
Assuming a price of US$0.140 per Common Share, a loss on conversion to equity of US$4.3 million has been recognized in deficit on the unaudited pro forma interim condensed consolidated statement of financial position; (e) the book value of Exchangeable Preferred Shares of US$42.3 million and accrued and unpaid dividends of US$1.5 million have been eliminated on extinguishment.