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.

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.

  • 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.

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

  • Holders of First Preferred Shares are not entitled to vote unless and until the Company fails to pay in the aggregate eight quarterly dividends on any series of First Preferred Shares.

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


More Definitions of First Preferred Shares

First Preferred Shares means the first preferred shares of Keyera Corp. as more particularly described under “Capital Structure of Keyera Corp. – 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, without nominal or par value, of the Bank, including the Preferred Shares Series C-2.
First Preferred Shares has the meaning attributed to it in the introductory paragraph to these Series AR Preferred Shares provisions.
First Preferred Shares means the first preferred shares in the capital of Terasen;
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.