Examples of Series N Shares in a sentence
The Series N Shares ranked senior to common shares of the Leverage Fund in payment of dividends and liquidation.
The Trustee shall not enjoy the right to subscribe for and take up the Series N Shares.3. One Series J Bond gives a pre-emptive right to subscribe for and take up 25 (twenty five) Series N shares.4. Series N Shares shall be taken up in performance of the pre-emptive right under the procedure specified in Art.
Said Series N Shares shall have limited voting rights for those matters expressly set forth in the By-laws of the Company and any agreement among the Company's shareholders.
The bondholders holding Series J Bonds have the right to subscribe for and take up Series N Shares with the pre-emptive right over the shareholders of the Company during the period commencing on February 1, 2016 and lapsing on January 31, 2018 (the “Ninth Employee Option Exercise Period”).2.
In order to enable the issuance of the Series N Shares, it was necessary to obtain consents from the non-Series N shareholders in Leveraged.
If Taco Bell franchisees shall at any time own 400 or more Taco Bell Store Shares, then there shall be no Series N Shares issued or outstanding.
Any such notice shall be validly and effectively given on the date on which it is sent to each Holder of Series N Shares to be redeemed in the manner provided for in Section 12.
A copy of such agreement, along with an instrument evidencing their rights and interests under the new trust agreement regarding the Series C Shares and Series N Shares shall be delivered to each CPO Holder.
Notwithstanding the AXTEL, S.A. DE C.V. BYLAWS DRAFT FEBRUARY 2003 Page 19 above, any sale or transfer of Pledged Shares by a holder of Pledged Shares shall constitute a Tag-Along Trigger, and the holders of Series C or Series N Shares shall have the right to sell their shares in conjunction with such sale at the transfer price of such Pledged Voting Shares.
In addition, if the Regulatory Problem ceases to exist or at the Regulatory CPO Holder's request, at any time, as long as permitted by applicable law and any required governmental authorizations therefor are obtained, the Trustee and said Regulated CPO Holder and its affiliates shall have the right to reconvert such other shares or securities in Series C Shares and/or Series N Shares.