Series I First Preferred Shares definition

Series I First Preferred Shares means the cumulative floating rate first preferred shares, Series I of Emera;

Examples of Series I First Preferred Shares in a sentence

• The Department Chair will sign and date the report, place a copy in the faculty member’s personal file, and forward the original to the Xxxx.

• The Underwriters’ fee set forth in the table assumes that no Series I First Preferred Shares are sold to such institutions.

• During the year ended December 31, 2014, 8,390,476 Series I First Preferred Shares were converted into 279,682 common shares.

• During the nine months ended September 30, 2018, 35,154,286 Series I First Preferred Shares were converted into 1,171,806 common shares.

• The impulse responses hi areassumed of finite length with known maximum length l .span till time n (e.g. Tn = (Ti[j])i 1≤j≤n).

• Pursuant to the 2014 Stock Option Plan, the Company may grant stock options to purchase up to an aggregate of 10% of the Company’s issued and outstanding common shares plus 10% of the total number of common shares into which the outstanding Series I First Preferred Shares may be converted.

• The Company has Series I First Preferred Shares that are non-voting, may receive dividends as declared at the discretion of the Board of Directors, and are convertible to common shares at the holder’s discretion, on the basis of 30 Series I First Preferred Shares for one common share.

• Also, 909,091 warrants issued in March 2011 expired unexercised.During the year ended December 31, 2014, 8,390,476 Series I First Preferred Shares were converted into 279,682 common shares.

• In December 2013, the Company created the Series I First Preferred Shares that are non-voting, may receive dividends as declared at the discretion of the Board of Directors, and are convertible to common shares at the holder’s discretion, on the basis of 30 Series I First Preferred Shares for each common share.

• Each 30 compensation warrants entitle the holder to acquire one common share at an exercise price of $6.30 per share prior to expiry on December 13, 2015.The allocation of the $6.30 unit issue price to the common shares, 30 Series I First Preferred Shares and 22.5 unit warrants was based on the relative fair values of the common shares, Series I First Preferred Shares and the warrants.