Subordinated Shares definition

Subordinated Shares means the Class B common shares, par value $0.01 per share, of the Company.
Subordinated Shares means shares of the Class B Common Shares. Subordinates Shares, during the Subordination Period, will not be entitled to the payment of arrearages.
Subordinated Shares means the Class B Common Shares.

Examples of Subordinated Shares in a sentence

  • Gehring to purchase 200,000 shares of Senior Subordinated Shares at an exercise price of $2.00 per share that vested over the six month period beginning on February 25, 2019 with an expiration date of February 25, 2029; and (ii) monthly compensation of $19,583 while providing services to the Company.

  • Shareholder Association for Research and Education, Second Class Investors: The Use and Abuse of Subordinated Shares in Canada (Vancouver: SHARE, 2004) at 8 [SHARE].

  • In vivo site-specific biotinylation of proteins within the secretory pathway using a single vector system.

  • According to the terms of the plan, a total of 1,000,000 Subordinated Shares can be granted.These options expire no later than 10 years after their date of grant.

  • Capital expenditure contracted for but not incurred amounted to Rs. 413.537 million (2018: Rs. 930.907 million).

  • On achieving a Project Milestone, Cube6 IT shall (subject to condition6.5) invoice the Customer for the charges that are then payable, together with expenses and the costs of materials, calculated as provided in condition 6.4.

  • The following are the amendments included in Amendment No. 1 Services (i) issuance of an additional warrant to OEMS to purchase 800,000 shares of Senior Subordinated Shares at an exercise price of $2.00 per share with an expiration date of April 19, 2029; and (ii) payment of an additional step-up fee of $75,000.

  • Gehring to purchase 200,000 shares of Senior Subordinated Shares at an exercise price of $2.00 per share that vest over six-month period beginning on February 25, 2019 with an expiration date of February 25, 2029; and (ii) monthly compensation of $19,583 while providing services to the Company.

  • Deleted) (Deleted) (Deleted) (Deleted) (Deleted)may acquire the residual Subordinated Shares in whole or in part, at any time after the issuance of Subordinated Shares, at the time, price, and other terms of the issuance as determined by the resolution of the Board of Directors regarding the issuance.

  • Shareholder Association for Research and Education, Second Class Investors: The Use and Abuse of Subordinated Shares in Canada (Vancouver: SHARE, April 2004), online: SHARE <www.share.ca/files/pdfs/SHARE%20Dual%20Class%20-%20final1.pdf>.


More Definitions of Subordinated Shares

Subordinated Shares shall have the meaning set forth in the Recitals.
Subordinated Shares means 5,578,125 founding shares owned by Excel and our current directors and officers as to which they have agreed to subordinate their rights to certain dividends as described in this proxy statement.

Related to Subordinated Shares

  • Subordinated Shareholder Funding means, collectively, any funds provided to the Issuer by any Parent, any Affiliate of any Parent or any Permitted Holder or any Affiliate thereof, in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, in each case issued to and held by any of the foregoing Persons, together with any such security, instrument or agreement and any other security or instrument other than Capital Stock issued in payment of any obligation under any Subordinated Shareholder Funding; provided, however, that such Subordinated Shareholder Funding:

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Subordinated Securities means Securities that by the terms established pursuant to Section 2.02(i) are subordinated in right of payment to Senior Debt of the Company.

  • Subordinated Unit means a Limited Partner Interest having the rights and obligations specified with respect to Subordinated Units in this Agreement. The term “Subordinated Unit” does not include a Common Unit. A Subordinated Unit that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs.

  • Subordinate Voting Shares means subordinate voting shares in the capital of the Company.

  • Class B Preferred Stock means the Class B Preferred Stock of the Company, par value $0.0001 per share.

  • Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • 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.

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Junior Units means Common Units and any other equity securities that the Partnership may issue in the future ranking, as to the payment of distributions, junior to the Series A Preferred Units.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • UST Preferred Stock means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series [●].