Series P Shares definition

Series P Shares means Series P currency hedged mutual fund shares of the Purpose Premium Yield Fund.
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Series P Shares means Series P currency hedged mutual fund shares of Purpose Core Dividend Fund.
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Series P Shares means Series P currency hedged mutual fund shares of Purpose Core Dividend Fund. “Series P Units” means Series P currency hedged mutual fund units of Purpose Multi-Asset Income Fund. “Series TA5 Shares” means Series TA5 currency hedged mutual fund shares.
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Examples of Series P Shares in a sentence

  • The Series P Shares shall be issued by way of an open subscription within the meaning of Article 431§ 2 section 3 of the CCC.

  • The Series P Shares will have a liquidation preference equal to $1,000 per Series P Share (the "Liquidation Preference") plus accumulated and unpaid dividends and will be redeemable at the option of the Company in whole or in part at any time in an amount equal to the Liquidation Preference plus accumulated and unpaid dividends thereon calculated as of the date of redemption.

  • The Company hereby creates and establishes a series of preferred shares of interest and designates such shares as "Series P Preferred Shares" (the "Series P Shares").

  • Unless otherwise required by law, the holders of the Series P Shares shall not have any rights or preferences other than those specifically set forth herein.

  • Except as otherwise provided in the Declaration of Trust, the By-Laws or a resolution of the Board of Trustees, or as required by applicable law, holders of the Series P Shares shall have no power to vote on any matter except matters submitted to a vote of the Common Shares.

  • The Underwriters’ fee indicated in the table assumes that no Series P Shares are sold to such institutions.

  • In the event that the Company fails to pay any dividends on the Series P Shares, the exclusive remedy of the holders shall be the right to vote for Trustees pursuant to the provisions of this paragraph 6.

  • The Series P Shares will be issued in book entry form, and no holder of the Series P Shares will be entitled to a share certificate therefor unless the Board of Trustees approves the issuance of Series P Shares certificates.

  • The holders of the Series P Shares shall have no preemptive rights or rights to cumulative voting.

  • On or after the fifth anniversary of the commencement of the Company's operations, holders of Series P Shares will have the right, on not less than 90 dates prior written notice to the Company, to sell such Series P Shares to the Company at an amount equal to the Liquidation Preference.

Related to Series P Shares

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Series A Shares means Series A currency hedged mutual fund shares and/or Series A non-currency hedged mutual fund shares of a fund, as applicable.

  • Designated Preferred Stock means Preferred Stock of the Company or any direct or indirect parent of the Company, as applicable (other than Disqualified Stock), that is issued for cash (other than to the Company or any of its Subsidiaries or an employee stock ownership plan or trust established by the Company or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officers’ Certificate, on the issuance date thereof.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.