L Shares definition

L Shares means the Series L shares, no par value, of the Company.
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L Shares shall have the meaning set forth in the recitals hereto.
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L Shares means Series L Shares, without par value, of the Issuer.
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Examples of L Shares in a sentence

  • No preliminary charge will be levied with respect to Class I Shares and Class L Shares.

  • Class L Shares (“Class L Shares”): The minimum initial lump sum investment for Class L Shares is £50,000,000 per investor; the minimum additional lump sum investment is£10,000,000 per investor.

  • The Series L Shares is not entitled to any preemptive or subscription rights in respect of any securities of the Corporation.

  • The Fund shall offer from time to time, at the discretion of the Board, up to eight classes of shares: Class A Shares, Class B Shares, Class C Shares, Class L Shares, Class Z Shares, Investor Class Shares, Advisor Class Shares, and Institutional Class Shares.

  • Class L Shares shall be sold subject to a front-end sales charge, without scheduled variations in the level of the sales charge; an annual fee paid pursuant to Rule 12b-1; and a contingent deferred sales charge.

  • In addition, Class A Shares, Class B Shares, Class C Shares, Class L Shares, Class Z Shares, Investor Class Shares, Advisor Class Shares and Institutional Class Shares of the Fund shall have the features described in Sections 3, 4, and 5 below.

  • The Portfolio contains two classes of Shares: the Class I Shares and the Class L Shares.

  • Please note that the Fund has not commenced the offering of Class L Shares at this time.

  • The Annual Management Charge will be comprised of the fees payable to the ACD and the Investment Manager and will be fixed at a rate of 1.05% of the NAV for Class A Shares, 0.60% of the NAV for Class I Shares and 0.35% of the NAV for Class L Shares.

  • The Series L Shares shall, with respect to dividend rights and rights upon liquidation, dissolution and winding up, rank prior to the Common Stock.


More Definitions of L Shares

L Shares means the L Shares in the Company, the rights of which are set out in the Articles, and which will be as set out in the New Articles, which as at the date of this Agreement are owned by RBS;
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L Shares means the Series L Shares of the Issuer that are validly issued, outstanding and fully paid, non-assessable and were not issued in violation of any preemptive rights; provided, however, that, if there shall occur any change in nominal or par value, a split-up or consolidation or any other reclassification or, upon the occurrence of an event described in Section 4.8, an exchange or conversion in respect of the L Shares of the Issuer, the term “L Shares” shall thereafter also mean the successor securities resulting from such change in nominal or par value, split-up or consolidation or such other reclassification or such exchange or conversion.
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L Shares shall thereafter also mean the successor securities resulting from such change in nominal or par value, split-up or consolidation or such other reclassification or such exchange or conversion.
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Related to L Shares

  • Newco Shares means the common shares in the capital of Newco;

  • Amalco Shares means the common shares in the capital of Amalco;

  • Company Shares means the common shares in the capital of the Company;

  • Original Shares means, when used in reference to any one or more Stockholders, the Shares held by such Stockholder on November 30, 2010, or any shares or other securities into which or for which such Shares may have been converted or exchanged in connection with any exchange, reclassification, dividend, distribution, stock split, combination, subdivision, merger, spin-off, recapitalization, reorganization or similar transaction.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Common Shares means the common shares in the capital of the Corporation;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Sold Shares shall have the meaning specified in Section 6.

  • Subco Shares means the common shares in the capital of Subco;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

  • Purchased Shares has the meaning set forth in Section 2.01.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).