Examples of Preference B Shares in a sentence
The share capital of the Company is US $8,003,300 divided into 33 Management Shares of US $100.00 each and 10,000 Redeemable Preference A Shares of US $797.00 each and 3,000 Redeemable Preference B Shares of US $10.00 each.
The share capital of the Company is US $28,323,300 divided into 33 Management Shares of US $100.00 each and 10,000 Redeemable Preference A Shares of US $797.00 each and 3,000 Redeemable Preference B Shares of US $10.00 each, 15,400 Redeemable Preference C Shares of $797.00 each, 4620 Redeemable Preference D Shares of US$10.00 each and 80,000 Redeemable Preference E Shares of US$100.00 each.
If, upon the occurrence of such event, the assets and funds thus distributed among the holders of the Preference B Shares shall be insufficient to permit the payment to such holders of the full aforesaid preferential amounts, then the entire assets and funds of the Company legally available for distribution shall be distributed rateably among the holders of the Preference B Shares in proportion to the preferential amount each such holder is otherwise entitled to receive.
The share capital of the Company is US $20,323,300 divided into 33 Management Shares of US $100.00 each and 10,000 Redeemable Preference A Shares of US $797.00 each and 3,000 Redeemable Preference B Shares of US $10.00 each and 15,400 Redeemable Preference C Shares of $797.00 each and 4620 Redeemable Preference D Shares of US$10.00 each.
The right to receive dividends on Preference B Shares shall not be cumulative, and no right to such dividends shall accrue to holders of Preference B Shares by reason of the fact that dividends on said shares are not declared or paid in any calendar year.
Subject to the provisions of these Articles, the Preference D Shares shall rank senior and prior to the Preference C Shares, the Preference B Shares, the Preference A Shares, the Ordinary Shares and all other classes or series of shares issued by the Company.
Purchaser shall have amended its memorandum and articles of association to create the Preference A Shares and the Preference B Shares and shall have taken all other actions necessary for their issuance to Sellers in accordance with the terms of this Agreement.