Series 2 Preferred Shares definition

Series 2 Preferred Shares means the Cumulative Floating Rate Preferred Shares, Series 2 of the Corporation;

Series 2 Preferred Shares means the cumulative redeemable rate reset first preferred shares, Series 2, in the capital of the Company;

Series 2 Preferred Shares means shares of the Company’s Series 2 Preferred Stock, par value $0.0001 per share.

Examples of Series 2 Preferred Shares in a sentence

• As a result and subject to certain conditions, the holders of the Series 1 Preferred Shares had the right to convert all or part of their Series 1 Preferred Shares, on a one-for-one basis, into Series 2 Preferred Shares on March 31, 2015.

• The floating rate quarterly dividend applicable to the Series 2 Preferred Shares will be reset every quarter.

• On March 31, 2015, the holders of 2,946,635 Series 1 Preferred Shares exercised their option to convert their Series 1 Preferred Shares into an equivalent number of Series 2 Preferred Shares.

• During the conversion notice period, 1,774,254 Series 2 Preferred Shares were tendered for conversion into Series 1 Preferred Shares.

• Holders of the Series 2 Preferred Shares are entitled to receive quarterly floating rate, cumulative, preferential cash dividends, calculated on the basis of the actual number of days elapsed in such quarterly period divided by 365, as and when declared by the Board of Directors of Aimia, subject to the provisions of the CBCA.

More Definitions of Series 2 Preferred Shares

Series 2 Preferred Shares means the 200,000,000 Series 2 preferred shares, with ₱0.10 par value per share, from the Authorized Capital Stock.

Series 2 Preferred Shares means the Series 2 preferred shares in the capital of Hydro One Limited.

Series 2 Preferred Shares means the cumulative floating rate preferred shares, series 2 in the capital of Northland.

Series 2 Preferred Shares means, prior to January 1, 2011, the Cumulative Floating Rate Preferred Shares, Series 2 in the capital of Prefco, and after January 1, 2011, the Cumulative Floating Rate Preferred Shares, Series 2 in the capital of Northland.

Series 2 Preferred Shares means Class A Series 2 Convertible Preferred Shares in the capital of the Company.

Series 2 Preferred Shares means Membership Rights in the Company having the economic and voting rights set forth herein with respect to “Series 2 Preferred Shares”.

Series 2 Preferred Shares means a Class A convertible preferred share in the authorized share structure of the Corporation, issued in the second series.