Examples of Series C Preference Shares in a sentence
Appendix CTerms and Conditions of Series C Preference Shares Nominal value US $1,000, Issue Price US$1,000 Up to a Maximum of 100,000 Shares, the Precise Number of Which Will be Fixed by the Executive Chairman and Chief Executive Officer or His Delegate Issued on or around August 12, 2009 (the “Issue Date”) (the “Series C Preference Shares”) 1.
Albireo will not be obliged to issue share certificates to the Investors in respect of the Series C Preference Shares being issued as a consequence of the subscription provided for in this Section 1.6 (but shall instead issue share certificates for the Albireo Shares in respect thereof following the Share Conversion).
There shall be a series of Preference Shares of the Company which shall be designated as "6.08% Series C Preference Shares," par value $1.00 per share (hereinafter called "Series C Preference Shares"), and the number of shares constituting such series shall be 10,000,000.
Such number of shares may be increased or decreased at any time and from time to time by resolution of the Company's Board of Directors; provided, however, that no decrease shall reduce the number of shares of Series C Preference Shares to a number less than that of the Series C Preference Shares then outstanding plus the number of shares of Series C Preference Shares issuable upon exercise of outstanding rights, options or warrants or upon conversion of outstanding securities issued by the Company.
Notwithstanding anything to the contrary contained herein, the provisions of this section shall not apply to the Series C Preference Shares issued by American Leisure Holdings, Inc., a Florida corporation, to Mortgagee in the aggregate amount of $2,385,000.00.