Perpetual Preference Shares definition

Perpetual Preference Shares means the series of preference shares, par value 0.15144558¢ per share, of the Company designated as the Perpetual Preference Shares, issuable upon the conversion of the Perpetual PIERS.
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Perpetual Preference Shares means perpetual preference shares of no par value in the share capital of
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Perpetual Preference Shares means the Class A Perpetual Preference Shares and the Class B Perpetual Preference Shares;
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Examples of Perpetual Preference Shares in a sentence

  • The Preference Shares shall, with respect to dividend rights or rights upon the liquidation, winding-up or dissolution of the Company, rank (a) senior to all Junior Stock, including, without limitation, the Ordinary Shares, (b) on parity with all Parity Stock, including, without limitation, the 5.625% Perpetual Preference Shares and the 5.95% Perpetual Preference Shares, (c) junior to any Senior Stock and (d) junior to all of the Company’s existing and future debt obligations.

  • Ordinary Shares), and were issued and outstanding; and 10,000,000 were designated as 8-5/8% Guaranteed Perpetual Preference Shares, par value U.S.$25.00, and were issued and outstanding.

  • Convertible Stock"), and were issued and outstanding; 3,800,000 were designated as Cumulative Perpetual Preference Shares, par value U.S.$25.00, and were issued and outstanding; 68.8 were designated as 5.147% Subsidiary Preference Shares (represented by 209,708,738 News Corp.

  • Fixed charges and preference share dividends consists of interest expense on our long-term debt and dividends on our Perpetual PIERS, Perpetual Preference Shares and Non-Cumulative Preference Shares which have been grossed up at the effective rate of tax.

  • Notwithstanding the foregoing, nothing herein shall prevent the Company, the Registrar or any agent of the Company or the Registrar from giving effect to any written certification, proxy or other authorization furnished by DTC or impair, as between DTC and its Agent Members, the operation of customary practices of DTC governing the exercise of the rights of a holder of a beneficial interest in any Global Perpetual Preference Shares.

  • The duties and obligations of the Remarketing Agent shall be determined solely by the express provisions of this Agreement and the Certificate of Designation for the Perpetual Preference Shares.

  • Dividends shall be paid to the holders of the Perpetual Preference Shares on the applicable Dividend Record Date.

  • An amount equal to the Redemption Price and any declared and unpaid dividends shall be paid to the holders promptly following the later of (i) the Redemption Date and (ii) the time of book-entry transfer or surrender of the certificate(s) evidencing such Perpetual Preference Shares to the Paying Agent, as applicable.

  • This series of preference shares shall be designated as the “6.875% Series D Cumulative Redeemable Perpetual Preference Shares, par value $0.01 per share” (the “Series D Preference Shares”).

  • If, on or prior to 4:00 p.m. (New York city time) on a Remarketing Date, as a result of efforts described in Section 12(e), the Remarketing Agent determines that it is able to remarket all Perpetual Preference Shares tendered for sale, a successful Remarketing (a ‘‘ Successful Remarketing’’) shall have occurred.


More Definitions of Perpetual Preference Shares

Perpetual Preference Shares means the Class A Perpetual Preference Shares and includes any further perpetual preference shares of the Company of the same class issued after the Issue Date and ranking equally with the Class A Perpetual Preference Shares as regards participation in the profits and assets of the Company;
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Related to Perpetual Preference Shares

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

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

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.00001 per share.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Reference Shares means, in respect of the exercise of Conversion Rights by a Bondholder, the number of Shares (rounded down, if necessary, to the nearest whole number of Shares) determined in good faith by the Calculation Agent by dividing the aggregate principal amount of the Bonds being the subject of the relevant exercise of Conversion Rights by the Conversion Price in effect on the relevant Conversion Date, except that where the Conversion Date falls on or after the date an adjustment to the Conversion Price takes effect pursuant to Sections 5.4(a)(i), (ii), (iv), (v), (vi), (viii), (ix) or (x) in circumstances where the relevant Delivery Date falls on or prior to the record date or other due date for establishment of entitlement in respect of the relevant event giving rise to such adjustment, then the Conversion Price in respect of such exercise shall be such Conversion Price as would have been applicable to such exercise had no such adjustment been made.

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.