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.
These distributions are used by Council to fund their work across the region that otherwise would need to funded by rates or not undertaken at all.In 2008, Council issued $200 million of Perpetual Preference Shares in Quayside to investors.
However, it may not issue any other shares ranking in priority to the Perpetual Preference Shares as to distributions without the approval of the Holders by way of a Special Resolution or pursuant to a Special Approval Notice.The arrangement has had the benefit of consecutive three year private rulings issued by Inland Revenue from 17 September 2007.
Quayside Holdings may issue further securities (including further perpetual preference shares) ranking equally with, or behind, the Perpetual Preference Shares without the consent of any Holder.
Dividends paid by the Port of Tauranga Limited to non- controlling interests were $49.9m (2016: $33.1m) The Perpetual Preference Shares are subject to a fixed Dividend Rate reset every three years at the Dividend Rate Reset Date.
Pursuant to the joint venture, BCF issued RM200 million Perpetual Preference Shares (“PPS”) which were fully subscribed by PCSB.
As a result, I can reasonably conclude that, first, the existence of this sentence does not affect the integrity of the meaning of the source language, and second, the meaning of this sentence is slightly abruptly connected with the context for the interpretation of "As for the perseverance of the American people" lacks a specific context, making it difficult for the interpreter to accurately grasp the speaker's intended meaning.
Classification of Perpetual Preference Shares as equity The directors have considered the terms and conditions of Perpetual Preference Shares and have classified these shares as equity.
Dividends paid by the Port of Tauranga Limited to non-controlling interests were$57.1m (2019: $56.1m)The Perpetual Preference Shares are subject to a fixed Dividend Rate reset every three years at the Dividend Rate Reset Date.
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.