Relevant Convertible Preference Shares definition

Relevant Convertible Preference Shares means a Convertible Preference Share which is to be converted pursuant to a Conversion Notice;

Relevant Convertible Preference Shares means, at any time, convertible preference shares issued by a member of the UGCE Borrower Group but excluding:

Relevant Convertible Preference Shares means a Limited Voting Convertible Preference Share which is to be converted pursuant to a Conversion Notice or redeemed pursuant to a Redemption Notice;

Examples of Relevant Convertible Preference Shares in a sentence

• Unless otherwise agreed between the Company and a Converting Shareholder, if more than one Convertible Preference Share shall fall to be converted pursuant to any one Conversion Notice, the number of Ordinary Shares to be issued upon conversion shall be calculated on the basis of the aggregate Notional Values of the Relevant Convertible Preference Shares.

• Unless otherwise agreed between the Company and a Converting Shareholder, if more than one Convertible Preference Share shall fall to be converted pursuant to any one Conversion Notice, the number of Ordinary Shares to be issued upon conversion shall be calculated on the basis of the aggregate Reference Amounts of the Relevant Convertible Preference Shares.

• Unless otherwise agreed between the Company and a Converting Shareholder, if more than one Convertible Preference Share shall fall to be converted pursuant to any one Conversion Notice, the number of Ordinary Shares to be issued upon conversion shall be calculated on the basis of the aggregate Issue Prices of the Relevant Convertible Preference Shares.

• The number of Conversion Shares to be issued on each conversion shall be determined by dividing the aggregate Reference Amount of the Relevant Convertible Preference Shares by the Conversion Price applicable on the Conversion Date provided that no fraction of an Ordinary Share arising on conversion shall be allotted and all fractional entitlements shall be dealt with in accordance with Article 5A(11).

• Unless otherwise agreed between the Company and a Converting Shareholder, if more than one Convertible Preference Share shall fall to be converted pursuant to anyone Conversion Notice, the number of Ordinary Shares to be issued upon conversion shall be calculated on the basis of the aggregate Notional Values of the Relevant Convertible Preference Shares.

More Definitions of Relevant Convertible Preference Shares

Relevant Convertible Preference Shares means a Convertible Preference Share which is to be converted pursuant to a Conversion Notice or a Compulsory Conversion Notice (as defined in Article 3A(5A)(A)) (as the case may be);