Preference Shares Directors definition

Preference Shares Directors has the meaning specified in Section 9(b).
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Preference Shares Directors means the directors appointed by the holders of the Series A Preference Shares, the Series B Preference Shares and the Series C Preference Shares pursuant to the Articles.
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Preference Shares Directors means a director appointed by the holders of the Preference Shares pursuant to Article 87 hereof.
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Examples of Preference Shares Directors in a sentence

  • The Preference Shares Directors shall each be entitled to one vote per director on any matter.

  • The Preference Shares Directors shall each be entitled to one vote per director on any matter that shall come before the Board of Directors for a vote, unless otherwise adjusted pursuant to the Bye-Laws.

  • The Preference Shares Directors shall each be entitled to one vote per director on any matter that shall come before the Board of Directors for a vote.

  • In the event that the holders of the Series B Preference Shares, and any such other holders of Voting Preference Shares, shall be entitled to vote for the election of the Preference Shares Directors following a Nonpayment Event, such directors shall be initially elected following such Nonpayment Event only at a special general meeting, or at any annual general meeting of shareholders, and thereafter at the annual general meeting of shareholders.

  • The quorum necessary for the transaction of the business of the Board of Directors may be fixed by the Board of Directors (including a majority of the Preference Shares Directors) and, unless so fixed by the Board of Directors, at any other number, shall be a majority of the authorized number of Directors.

  • The Board of Directors may, with the approval of a majority of the Preference Shares Directors, from time to time, appoint one or more of their body to the office of Managing Director for such term and at such remuneration (whether by way of salary, or commission, or participation in profits, or partly in one way and partly in another) as it may think fit but his appointment shall be subject to determination ipso facto if he ceases from any cause to be a Director.

  • Other than an assignment pursuant to one or more transactions approved by holders of a majority of Series C Preference Shares or a majority of the Preference Shares Directors, the Company may not assign its obligations hereunder without the prior written consent of Holders of a majority of the then outstanding Registrable Securities (excluding Founders Shares).

  • The Board of Directors, with the approval of a majority of the Preference Shares Directors, may delegate any of its powers to committees consisting of such member or members of the Board of Directors as it thinks fit (including at least one Series C Director); any committee so formed shall in the exercise of the powers so delegated conform to any regulations that may be imposed on it by the Board of Directors.

  • Each class will consist, as nearly as possible, of a number of Directors equal to one-third (1/3) of the total number of Directors (other than the Preference Shares Directors) authorized as provided in these Bye-laws.

  • In the event that the holders of the Series A Preference Shares, and any such other holders of Voting Preference Shares, shall be entitled to vote for the election of the Preference Shares Directors following a Nonpayment Event, such directors shall be initially elected following such Nonpayment Event only at a special general meeting, or at any annual general meeting of shareholders, and thereafter at the annual general meeting of shareholders.


More Definitions of Preference Shares Directors

Preference Shares Directors has the meaning specified in Section 9(b). (jj) “Rating Agency” means a nationally recognized statistical rating organization, as defined in Section 3(a)(62) of the Exchange Act that publishes a rating for the Company as of the Issue Date. (kk) “Rating Agency Event” has the meaning specified in Section 7(e). (ll) “Redemption Date” means any date fixed for redemption in accordance with Section 7. (mm) “Redemption Requirements” has the meaning specified in Section 7(b). (nn) “Redemption Shares” means the Common Shares then issuable upon redemption of the Series B Preference Shares in accordance with the terms of Section 7. (oo) “Relevant Date” has the meaning specified in Section 5(b)(i). (pp) “Relevant Taxing Jurisdiction” has the meaning specified in Section 7(d). (qq) “Reset Date” means the First Reset Date and each date falling on the fifth anniversary of the preceding Reset Date, which in each case, will not be adjusted for Business Days. (rr) “Reset Dividend Determination Date” means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period. (ss) “Reset Period” means the period from, and including, the First Reset Date to, but excluding, the next following Reset Date and thereafter each period from, and including, each Reset Date to, but excluding, the next following Reset Date. (tt) “Senior Shares” means any class or series of shares of the Company that ranks senior to the Series B Preference Shares either as to the payment of dividends or as to the distribution of assets upon any liquidation, dissolution or winding-up of the Company. As of the Issue Date, there are no Senior Shares of the Company outstanding. (uu) “Series A Preference Shares” mean the Series A Preference Shares, with a par value of US $0.10 per share, issued on the Issue Date. (vv) “Series B Preference Shares” has the meaning specified in the preamble. (ww) “set aside” in the context of any payment, means, without any action other than the following, the recording by the Company in its accounting ledgers of any accounting or bookkeeping entry which indicates, pursuant to a declaration of a dividend or other distribution by the Board of Directors, the allocation of the funds to be so paid on any 5
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Related to Preference Shares Directors

  • 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.

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

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

  • Series A Directors means the directors of the Company that have been solely designated by the holders of record of the Series A Preferred Stock pursuant to the Company’s Certificate of Incorporation, the Stockholders Agreement or otherwise.

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

  • Series B Preferred means the Company's Series B Preferred Stock, par value $0.01 per share.

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

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

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

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

  • Preference Stock means any and all series of preference stock, having no par value, of the Corporation.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Series A Stock means the Company's Series A Convertible Redeemable Preferred Stock, par value $.005 per share.

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.

  • 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.

  • Preferred Directors means, collectively, the Series A Directors and the Series B Director.

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

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

  • Voting Preferred Stock means, with regard to any matter as to which the holders of Series T are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series T) that rank equally with Series T 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.

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

  • 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.

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

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series B Preferred Units means the Partnership's 8 5/8% Series B Cumulative Redeemable Partnership Units.