Examples of Preference Share Purchase Agreement in a sentence
APPLICABILITY These Modified Fast Track Rules ("MFTR") shallwill apply to all arbitration proceedings under the Agreement, regardless of the amount in controversy.
Pursuant to the Series D Preference Share Purchase Agreement dated 14 July 2020, the Company agreed to issue and allot 19,868,842 Series D convertible redeemable preferred shares (“Series D Preferred Shares”) in aggregate to the holders of convertible bonds issued by Wuhan Kindstar during 2016 and 2017.
According to the terms set out in the Preference Share Purchase Agreement, the preference shares shall be converted into ordinary shares on the basis of one preference share for one ordinary share immediately after the completion of the Global Offering by the Company, and the Company shall reclassify all liability components of the preference shares to equity after the listing of the Company’s shares.
Like all RTAs, TPP would have been a double edged sword: TPP could have both created trade among its members and diverted trade from non-members.217 Importers in the United States faced with the choice of buying goods from China and other TPP members would have had an economic incentive to forgo goods from China (subject to WTO tariffs) and purchase the goods from other TPP members, such as Vietnam and Japan, which would have entered enter the United States tariff-free.
Pursuant to the Series D Preference Share Purchase Agreement dated July 14, 2020, our Company agreed to issue and allot 19,868,842 Series D Preference Shares in aggregate to the Series D Investors in settlement of the convertible bonds issued to them by Wuhan Kindstar.
The Borrower shall not repurchase or agree to repurchase any Preference Share or redeem or agree to redeem any Preference Share except in accordance with the Preference Share Purchase Agreement.
Concurrent with the sale of the Preference Shares to the Purchasers, subject to expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), the Company is issuing and selling 4,504,504 C-2 Convertible Preference Shares to SSI pursuant to that certain C-2 Preference Share Purchase Agreement (the "SSI Purchase Agreement"), dated of even date herewith between SSI and the Company, a copy of which has been made available to the Purchasers.
Pursuant to the Series D Preference Share Purchase Agreement dated July 14, 2020, the Company agreed to issue and allot 19,868,842 Series D convertible redeemable preferred shares (“Series D Preferred Shares”) in aggregate to the holders of convertible bonds issued by Wuhan Kindstar during 2016 and 2017.
Pursuant to the Series D+ Preference Share Purchase Agreement dated September 8, 2020, the Series D+ Investor agreed to subscribe for 9,698,920 Series D+ Preference Shares to be issued by our Company for a consideration of US$20,000,000.
Pursuant to the Preference Share Purchase Agreement, the holders of the preference shares may convert their preference shares into ordinary shares or have them redeemed at a specified price when certain conditions are met.