Examples of Series 1 Class A Preferred Shares in a sentence
The holders of Series 1 Class A Preferred Shares with respect to which the Redemption Value has not been fully paid on the Redemption Date shall be entitled to be paid the balance of the Redemption Value.
The Corporation shall give each holder of Series 1 Class A Preferred Shares written notice 15 business days prior to the closing of such Change of Control.
Except as otherwise provided in this Schedule 1 or required by applicable law, the holders of Series 1 Class A Preferred Shares will vote together with the holders of Common Shares as a single class on all matters submitted to a vote or consent of shareholders.
Upon the occurrence of each adjustment or readjustment of the Conversion Price under this Section 2.5.5, the Corporation at its expense shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to each holder of Series 1 Class A Preferred Shares a certificate setting forth such adjustment or readjustment and showing in detail the facts upon which such adjustment or readjustment is based.
Upon receipt of such notice by the Corporation, the Series 1 Class A Preferred Shares specified in the notice shall be irrevocably cancelled and the corresponding Class A Common Shares issued, and the Corporation shall issue certificates representing fully paid Class A Common Shares upon the basis herein prescribed and in accordance with the provisions hereof to such holder.
The Preferred Shares shall be issued in connection with the merger by way of allotment to the holders of the Series 1 Class A Preferred Shares of UFJ Bank Limited at a ratio of one (1) Preferred Share per Series 1 Class A Preferred Share of UFJ Bank Limited.
On July 13, 2022 the Company purchased 51,295 Series 1 Class A Preferred Shares of Evidence Partners Incorporated for $1,999,992.
If any Series 1 Class A Preferred Shares remain outstanding after the Conversion Date, the annual dividend rate for the Series 1 Class A Preferred Shares for the five-year period from and including December 1, 2023 to, but excluding December 1, 2028 will be 6.525 percent.
The holders of Series 1 Class A Preferred Shares shall be entitled to receive non-cumulative dividends if, as and when declared by the directors of the Corporation out of the monies of the Corporation legally available for the payment of dividends, the amount of which the directors, in their absolute discretion, may from time to time or at any time determine, rateably, on an As Converted Basis, with the holders of Common Shares.
On the Automatic Conversion Date, all rights with respect to the Series 1 Class A Preferred Shares so converted shall terminate, except for any of the rights of the holder thereof, upon surrender of the holder’s certificate or certificates therefor, to receive certificates for the number of Class A Common Shares into which such Series 1 Class A Preferred Shares have been converted.