Preferred Share Consideration definition

Preferred Share Consideration. ’ means 0.46 of an International A Share for each Series II Preference Share held by Preferred Shareholders immediately prior to the Effective Date, as more fully described in this Circular;

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Preferred Share Consideration means the number of Acquiror Convertible Preferred Shares designated by Target to Acquiror at least five (5) Business Days prior to the Closing; provided, however, the number of Acquiror Convertible Preferred Shares shall not exceed the sum of (i) 2,830,000 plus (ii) seventy percent (70%) of the Aggregate Closing Adjustments divided by the Liquidation Preference.

Preferred Share Consideration means C$22.00 in cash per Preferred Share, without interest.

Examples of Preferred Share Consideration in a sentence

The Buyer shall deliver to the Seller the certificates representing the Common Share Consideration on the Closing Date, and the Buyer shall deliver to the Seller the certificates representing the Preferred Share Consideration promptly following the acceptance for filing under the Delaware General Corporation Law of the Certificate of Designation.
The Per Preferred Share Consideration multiplied by the number of Preferred Shares to be purchased by the Purchasers hereunder is hereinafter referred to as the "Purchase Price".
Upon the terms and subject to the conditions set forth in this Agreement, in reliance on the representations, warranties, covenants and agreements of the parties contained herein, the consideration for the sale and transfer of the Purchased Interests on the Closing Date shall consist of (i) 8,999,900 shares of Buyer Common Stock (the "Common Share Consideration") and (ii) 100 shares of Buyer Series A Preferred Stock (the "Preferred Share Consideration").
The Preferred Share Consideration issued upon conversion of a Company Preferred Share in accordance with the terms hereof will be deemed to have been issued in full satisfaction of all rights pertaining to such Company Preferred Share.
The Preferred Share Consideration Amount would therefore be 2,830,000 x $50 = $141,500,000.

More Definitions of Preferred Share Consideration

Preferred Share Consideration means the relevant Pro Rata Share to which the holder of one share of Preferred Stock is entitled. “Preferred Stock” means the management incentive, non-voting and preferred shares issued by the Company on April 30, 2015.

Preferred Share Consideration means the relevant Pro Rata Share to which the holder of one share of Preferred Stock is entitled.

Preferred Share Consideration has the meaning given to it in ‎‎Section 2.2(b).

Preferred Share Consideration means the aggregate Merger Consideration paid with respect to the Series A Convertible Preferred Stock, the Series C Convertible Preferred Stock and the Series D Convertible Preferred Stock.

Preferred Share Consideration means Cdn.$26.00 in cash per Preferred Share (together with an amount equal to all accrued and unpaid dividends up to, but excluding, the Effective Date), without interest;

Preferred Share Consideration means the Class AAA Preference Shares to be issued to Preferred Shareholders (other than Dissenting Shareholders and holders of Series O Shares), in accordance with the Arrangement and, in the case of the Series O Shares, the series A preferred shares of Amalco to be issued to holders of Series O Shares in accordance with the Arrangement;

Preferred Share Consideration means the amount of liquidation preference payable in respect of a Preferred Share pursuant to Section 3(a) of the Articles of Incorporation in respect of the Merger. As of November 14, 2005 the amount of the Preferred Share Consideration per Preferred Share was $14.825, which amount shall be increased by $0.00323 per Preferred Share per day until and including the Closing Date.