First Preferred Shares definition

First Preferred Shares means the first preferred shares of the Corporation;

First Preferred Shares means first preferred shares in the capital of the Parent having the terms and conditions contemplated in the Parent Articles of Incorporation.

First Preferred Shares means the first preferred shares of Keyera Corp. as more particularly described under “Capital Structure of Keyera Corp. – Preferred Shares”;

Examples of First Preferred Shares in a sentence

• The authorized share capital of the Company consists of an unlimited number of common shares, Class B shares and First Preferred Shares, in each case without nominal or par value.

• First Preferred Shares have voting rights as decided upon by the board of directors at the time of grant.

• Upon dissolution or wind-up of the Company, First Preferred Shares are entitled to priority over common and Class B shares.

• The Corporation may, at any time and from time to time, subject to the provisions of the Canada Business Corporations Act, and the provisions below under “Redemption” and “Restrictions on Payment of Dividends and Reduction of Junior Capital”, purchase for cancellation (if obtainable), in the manner provided in the First Preferred Shares Class Provisions, the whole or any part of the Deferral Preferred Shares, Series-[·] outstanding from time to time at any price, subject to any applicable withholding tax.

• The Committee will review capital transactions and may designate and authorize the issue of (i) First Preferred Shares and (ii) securities qualifying as additional Tier 1 capital under capital adequacy guidelines issued by the Superintendent of Financial Institutions.

More Definitions of First Preferred Shares

First Preferred Shares means each series of Emera’s authorized first preferred shares, namely its Series 2016-A Conversion, First Preferred Shares, Series A First Preferred Shares, Series B First Preferred Shares, Series C First Preferred Shares, Series D First Preferred Shares, Series E First Preferred Shares, Series F First Preferred Shares, Series G First Preferred Shares Series H First Preferred Shares, Series I First Preferred Shares Series J First Preferred Shares and Series L First Preferred Shares;

First Preferred Shares means the first preferred shares in the share capital of the Corporation;

First Preferred Shares means any and all series of First Preferred Shares of the Bank, without nominal or par value, including the Preferred Shares Series C-1.

First Preferred Shares has the meaning attributed to it in the introductory paragraph to these Series AM Preferred Shares provisions.

First Preferred Shares means the first preferred shares in the capital of Emera.

First Preferred Shares means the first preferred shares of the Corporation, as more particularly described under “Capital Structure of the Corporation – Preferred Shares”;

First Preferred Shares. As defined in Section 2 of this Agreement.