T-Shares definition

T-Shares. ’ means shares or beneficiary units in certain Group entities, namely units in the Parent and the Issuer and shares (‘‘PBA Shares’’) in Lowell Holding GmbH, Lowell Holdco GmbH, Simon Holdco Limited, Simon Midco Limited, Simon Bidco Limited and many of their respective subsidiaries, that entitle the holder to nominal or no dividends and will carry certain voting rights, which the holder thereof has agreed to vote in accordance with the shareholders’ agreement governing Garfunkelux Holdco 1 S.a` r.l. (the ‘‘Shareholders Agreement’’);
T-Shares means the T shares of US$1.00 each in the capital of the Company; “Taxation” or “Tax” means: (i) all forms of tax, levy, duty, charge, impost, withholding, deduction, tariff, governmental charge, social security contribution or other amount in the nature of tax whatsoever and whenever created, enacted or imposed in any jurisdiction, payable to or imposed by any Tax Authority; and (ii) all charges, interest, penalties and fines incidental or relating to any Taxation falling within paragraph (i) above or which arise as a result of the failure to pay any Taxation on the due date or to comply with any obligation relating to Taxation; “Tax Authority” means any revenue, customs, fiscal, governmental, statutory, state or provincial authority, body or person in any relevant jurisdiction; “Third Party Right” means any interest or equity of any person (including any right to acquire, option or right of pre-emption or conversion) or any mortgage, charge, pledge, lien, assignment, hypothecation, encumbrance, security interest, title retention or any other security agreement or arrangement, or any agreement to create any of the foregoing; “Transaction Documents” means this Agreement, the Bye-laws, the Shareholders’ Deed, the Interim FAL Provision Agreement, the AMB Funding Support Letter, the Warranty Deed, the IB Amended Service Agreement, the NB Amended Service Agreement, and any other agreements or documents entered into in connection with, or pursuant to, any of the foregoing; “Trustee Sale Agreements” means each of: (i) the share purchase agreement relating to the purchase of 70 Z Shares between Trident Trust Company Limited as trustee of
T-Shares means the shares of the Company’s Class T common stock, par value $0.01 per share.

More Definitions of T-Shares

T-Shares means the class of preference shares in the capital of the Company as part of the tracked stock scheme, the terms and conditions of which are set out in the constitution of the Company, as varied, amended or restated from time to time (the “Constitution”).
T-Shares means shares or beneficiary units in certain Group entities, namely units in the Parent and the Issuer and shares (“PBA Shares”) in Garfunkel Holding, GFKL Holdco, Simon Holdco, Simon Midco and Simon Bidco, that entitle the holder to nominal or no dividends and will carry certain voting rights, which the holder thereof has agreed to vote in accordance with the shareholders’ agreement governing Garfunkelux Holdco 1 S.à r.l. (the “Shareholders Agreement”);