Examples of Series 6 Shares in a sentence
The Series 5 Shares and Series 6 Shares will be represented by global certificates or book entry only certificates registered in the name of CDS Clearing and Depository Services Inc.
In the opinion of counsel, the Series 5 Shares and the Series 6 Shares, if issued on the date hereof, generally would be qualified investments under the Income Tax Act (Canada) (the “Tax Act”) for certain tax-exempt trusts.
There can be no assurance that the Series 5 Shares and Series 6 Shares will be accepted for listing on the TSX.
This may affect the pricing of the Series 5 Shares or the Series 6 Shares in the secondary market, the transparency and availability of trading prices, the liquidity of the Series 5 Shares or the Series 6 Shares, and the extent of issuer regulation.
Underwriters’ Position Maximum Size or Number of Securities HeldExercise Period/Acquisition Date Exercise Price or AverageAcquisition PriceUnderwriters’ Option 2,000,000 Until 2 business days prior to the Closing Date$25.00 There is currently no market through which the Series 5 Shares or the Series 6 Shares may be sold and purchasers may not be able to resell the Series 5 Shares purchased under this Prospectus Supplement or the Series 6 Shares.
The terms of the Series 5 Shares and the Series 6 Shares require the Corporation to make the necessary election under Part VI.1 of the Tax Act so that the corporate holders will not be subject to the tax under Part IV.1 of the Tax Act on dividends received (or deemed to be received) on the Series 5 Shares and Series 6 Shares.
In addition, holders of Series 5 Shares or Series 6 Shares shall be entitled to voting rights attached to Preference Shares as a class.
Investing in the Series 5 Shares or the Series 6 Shares involves risks which potential investors should carefully consider.
In such circumstances (except in the case of a dissolution), holders of Series 5 Shares or Series 6 Shares, as appropriate, will be entitled to vote separately as a series if the Series 5 Shares or Series 6 Shares, as appropriate, are affected in a manner different from other series of Preference Shares.
Amounts shown under capital lease arise principally under an industrial revenue bond lease relating to our Kansas City, Kansas facility.