Examples of Series 2 Shares in a sentence
The voting rights attaching to Series 2 Shares shall be identical to those attaching to Series 1 Shares.
However, the Series 2 Shares as a Class shall be precluded from voting on any resolution relating to the appointment, removal or replacement of any Director of the Company.
The Board of Directors of the Company had authorized the creation of Non-Voting Series 2 Shares (“Non-Voting Shares”) which have a two times preference over the common shares.
The second series of the Preference Shares of the Corporation shall consist of Seven Hundred Thousand (700,000) shares designated as the "Series 2 Preference Shares" (the "Series 2 Shares"), with each such share having a redemption value of One Dollar ($1.00).
The rights, conditions, restrictions and prohibitions attaching to the Series 2 Shares may not be deleted, varied, altered or amended without the prior approval of at least 66 2/3% of the votes cast at a meeting of the holders of the Series 2 Shares, in addition to any other approval or authorization required by applicable law.