Examples of Series 3 Preferred Shares in a sentence

With regulatory approval, the Series 3 Preferred Shares may be redeemed by MFC on or after March 19, 2011, in whole or in part, at declining premiums that range from $1.00 to nil per Series 3 Preferred Share, by payment of cash.
The Series 3 Preferred Shares are non-voting and entitled to non-cumulative preferential cash dividends payable quarterly, if and when declared, at a per annum rate of 4.50% per Series 3 Preferred Share.
On March 29, 2018, the third and final series was funded, resulting in the issuance of 1,586,042 Class A Series 3 Preferred Shares (the "Series 3 Preferred Shares") on substantially the same terms as the other series for aggregate gross proceeds of $15,000.
As a result of the decision not to redeem all or any number of the Series 3 Preferred Shares and subject to certain conditions set out in the rights, privileges, restrictions and conditions attaching to such shares, the holders of the Series 3 Preferred Shares had the right to convert all or any number of their Series 3 Preferred Shares, on a one-for-one basis, into Cumulative Floating Rate Preferred Shares, Series 4 (the "Series 4 Preferred Shares") of Aimia on April 1, 2019.
On February 25, 2019, the Corporation announced that it did not intend to exercise its right to redeem all or any number of the currently outstanding 6,000,000 Series 3 Preferred Shares on March 31, 2019.

More Definitions of Series 3 Preferred Shares

Series 3 Preferred Shares means the cumulative rate reset preferred shares, series 3 in the capital of Northland.

Series 3 Preferred Shares means a Class A preferred share in the authorized share structure of the Corporation, expected to be issued in the third series immediately prior to the Closing Date.

Series 3 Preferred Shares means the class A, series 3 convertible preferred shares in the capital of Invesque.

Series 3 Preferred Shares means the cumulative rate reset preferred shares, Series 3, issued on January 15, 2014.

Series 3 Preferred Shares means the cumulative redeemable minimum rate reset Preferred Shares, Series 3 in the capital of the Company.

Series 3 Preferred Shares means the cumulative redeemable minimum rate reset Preferred Shares, Series 3 in the capital of the Company. ‘‘Shareholders’’ means the holders of Restricted Voting Shares, Special Voting Shares and Preferred Shares. ‘‘Shares’’ means, collectively, the Restricted Voting Shares, the Special Voting Shares and the Preferred Shares.