Ordinary Securities definition

Ordinary Securities means undivided beneficial interests in the assets of the Company which rank pari passu with Preferred Securities issued by the Company; provided, however, that upon the occurrence of an Event of Default, the rights of holders of Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of Preferred Securities.
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Ordinary Securities means the class of “ordinary securities” of the Company for the purposes of the ASX Listing Rules;
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Ordinary Securities means the ordinary shares of the Bank;
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Examples of Ordinary Securities in a sentence

  • Before the tutorial, 17 participants who thought E2EE was vulnerable to these adversaries incorrectly mentioned plaintext messages stored at the app company, where governments could request them.

  • The Company currently has one classes of quoted Equity Securities on issue, being Ordinary Securities (ASX Code: GLA) (Shares), and one class of unquoted securities, being unlisted Options.

  • ASX Listing Rule 7.1 provides that a company must not, subject to specified exceptions, issue or agree to issue more equity securities during any 12-month period than that amount which represents 15% of the number of fully paid Ordinary Securities on issue at the commencement of that 12 month period.

  • Voting Exclusion Statement:The Company will disregard any votes cast in favour of the Resolution by or on behalf of Euroz Hartleys or its nominee (or any of its associates) and any other person who is expected to participate in, or who will obtain a material benefit as a result of, the proposed issue (except a benefit solely by reason of being a holder of Ordinary Securities in the Company).

  • NSX Listing Rule 6.25(2) provides an exception to NSX Listing Rule 6.25 in that NSX Listing Rule 6.25 does not apply to an issue of securities under an employee incentive scheme if the holders of the entity’s Ordinary Securities have approved the issue of equity securities under the scheme.

  • If the Paying Agent holds sufficient funds and or Ordinary Securities sufficient to pay the aggregate Repurchase Price for all Securities or portions thereof that are to be repurchased as of the Repurchase Date, such Securities will cease to be outstanding and interest will cease to accrue thereon whether or not book entry of the Securities has been made or the Securities have been delivered to the Paying Agent.

  • Voting Exclusion Statement:The Company will disregard any votes cast in favour of this Resolution by or on behalf of a person who is expected to participate in, or who will obtain a material benefit as a result of, the proposed issues (except a benefit solely by reason of being a holder of Ordinary Securities in the Company) (namely recipients of Future Securities or an associate of that person (or those persons)).

  • In accordance with Listing Rule 7.1, the Company must not, subject to specified exceptions, issue or agree to issue more Equity Securities during any 12 month period than that amount which represents 15% of the number of fully paid Ordinary Securities on issue at the commencement of that 12 month period.

  • CG & J Chapman as Trustee of Chappo Super Fund 40,000 Ordinary Securities.

  • D is 10%.E is the number of Equity Securities issued or agreed to be issued under ASX Listing Rule 7.1A.2 in the 12 months before the date of issue or agreement to issue that are not issued with the approval of holders of Ordinary Securities under ASX Listing Rule 7.1 or 7.4.

Related to Ordinary Securities

  • Subsidiary Securities means the shares of capital stock or the other equity interests issued by or equity participations in any Subsidiary, whether or not constituting a "security" under Article 8 of the Uniform Commercial Code as in effect in any jurisdiction.

  • Company Subsidiary Securities has the meaning set forth in Section 3.02(d).

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • voting equity securities means equity securities having voting power for the election of directors, whether at all times or only so long as no senior class of security has such voting power by reason of any contingency.

  • Security, Securities shall have the meaning set forth in Section 2(1) of the Securities Act;

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.