Series II Preference Shares definition

Series II Preference Shares means the exchangeable non-voting preference shares series II of the Corporation;

Series II Preference Shares has the meaning set forth in Recital A.

Series II Preference Shares. ’ means the exchangeable non-voting preference shares Series II in the capital of the Corporation existing prior to the PS Consolidation;

Examples of Series II Preference Shares in a sentence

• The Series II Preference Shares were convertible on the date of issuance resulting in the entire discount being amortized during the year.

• For U.S. GAAP purposes, any such beneficial conversion feature is recognized as a discount to the value of the Series II Preference Shares to be amortized over the period starting from the date of issuance to the earliest conversion date of the Series II Preference shares.

• The Company may at its option, at any time after July 29, 2009 redeem any or all outstanding Series I Preference Shares at an exercise price of US$0.46 per share and any or all outstanding Series II Preference Shares at an exercise price of US$0.50 per share.

• The Company may at its option, at any time after July 29, 2009 redeem any or all outstanding Series I Preference Shares at an exercise price of US$ 0.46 per share and any or all outstanding Series II Preference Shares at an exercise price of US$ 0.50 per share.

• On August 24, 2005, the shareholders passed a resolution altering the Memorandum and Articles changing each of the Series I and Series II Preference Shares voting privileges from non voting to voting.

• At January 12, 2006 the Company had 4,347,827 Series I Preference Shares and 3,161,929 Series II Preference Shares and 1,185,898 Series II Preference Share warrants issued and outstanding.

• In the event the Third-Floor Tenant fails to exercise the first or second option to extend the term of its lease, or in the event of an early termination of said lease for any reason, Landlord shall notify Tenant of the availability of the third-floor space and Tenant shall have 30 days from date of receipt of Landlord's notice in which to elect to lease the third-floor space.

• The Corporation's Series II Preference Shares are retractable at the option of the holder, for an amount based on the market trading value of Sun-Times A Shares.On retraction, each Series II Preference Share is exchangeable into 0.46 of a Sun-Times A Share held by the Corporation or, at the Corporation's option, cash of equivalent value.

• The holders of Series II Preference Shares will have no voting rights except as otherwise provided in Section 5 of Subdivision B and as required by law.

• The loans are partially secured by a pledge of the Series II Preference Shares resulting from the preference shares issued under the Purchase Plan.

More Definitions of Series II Preference Shares

Series II Preference Shares means Exchangeable Non-Voting Preference Shares Series II in the capital of Hollinger;

Series II Preference Shares means Exchangeable Non-Voting Preference Shares Series II in the capital of Hollinger;