L Shares definition

L Shares shall have the meaning set forth in the recitals hereto.
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L Shares means the Series L shares, no par value, of the Company.
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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.

  • Investors purchasing Class A Shares may be charged a sales load of up to 3.00% of the Investor’s net purchase, and Investors purchasing Class L Shares may be charged a sales load of up to 3.50% of the Investor’s net purchase.

  • 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.

  • Each FEMSA BD Unit is comprised of one Series B Share, two Series D-B Shares and two Series D- L Shares.

  • 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.

  • Distribution Fee No distribution fee shall be payable in respect of the Class D1 Shares, Class D2 Shares, Class F Shares, Class F2 Shares, Class I Shares, Class L Shares, Class S Shares, Class X Shares, Class U1 Shares, Class U2 Shares or Class U3 Shares of any Fund.

  • Investors purchasing Class A Shares or Class L Shares may be charged a sales load of up to 3.50% of the Investor’s net purchase.

  • The Series L Shares will be paid for by SCF prior to the registration of the increased share capital, entirely in the form of the In-Kind Contribution.Ms Bożena Graczyk, a statutory auditor appointed by the competent registry court, has issued an opinion on the report of the Bank’s Management Board regarding the in-kind contributions made in order to cover for the increased share capital and Citigroup Global Markets Limited has issued a fairness opinion on the fair value of the In-Kind Contribution.23.

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

  • Minimum redemption:Part of a Shareholder’s holding may be redeemed but the ACD reserves the right to refuse a redemption request if the value of the Shares of any Fund to be redeemed is:  less than £500 (or other currency equivalent) in respect of Class 1 Shares, Class D and Class M Shares;  less than £25,000 (or other currency equivalent) in respect of Class 2 Shares, Class L Shares and Class X Shares;  less than £500,000 (or other currency equivalent) in respect of Class N Shares and Class Z Shares.


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 common shares in the capital of Amalco;

  • Company Shares has the meaning set forth in the Recitals.

  • Original Shares means ordinary shares with a par value of US$0.0001 each in the capital of the Company;

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

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • 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 Company;

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

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • 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 interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • 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 means the Common Shares comprising part of the Units;

  • A Ordinary Shares means the A ordinary shares of £0.01 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 Restricted 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).