Examples of Trust Preferred Shares in a sentence
As used herein, the term "Shares" shall mean and include (i) the Class A Shares, Class B Shares, Excess Trust Shares, Class A Exchangeable Preferred Shares, Class B Exchangeable Preferred Shares, Trust Preferred Shares and Excess Preferred Shares, and (ii) from and after the issuance of Shares of any other and additional classes of Shares so created and authorized by the Trustees, such Shares.
The parties hereto waive the requirements in the Merger Agreement that require the registration under applicable securities laws and listing on a national securities exchange of the Trust Preferred Shares to be issued pursuant to the Merger Agreement (including the Trust Common Shares issuable upon conversion of such Trust Preferred Shares), including without limitation such requirements in Sections 8.1, 8.12, 9.1(c) and 9.1(e) of the Merger Agreement.
Further, Urban II agrees to vote all of the Trust Common Shares and Trust Preferred Shares held by it immediately after the Effective Time in favor of the approval of the matters set forth in the Subsequent Proxy Statement in accordance with Section 8.18(c) of the Merger Agreement.
The Trust Preferred Shares and the Company’s shares of beneficial interest classified as common stock, par value $0.0001 (the “Common Shares”) conform in all material respects to the description thereof contained in the General Disclosure Package, Prospectus and the Registration Statement.
As of September 30, 2005, (i) 100 Class A Shares are issued and outstanding; (ii) 219,272,686 Class B Shares are issued and outstanding; (iii) 562,222 Class A EPS are issued and outstanding; (iv) 24,627 Class B EPS are issued and outstanding; and (v) no Trust Preferred Shares or Excess Shares are issued and outstanding.
A national securities exchange mutually acceptable to Trust and CIM (in accordance with the terms of Section 8.12 hereof) shall have approved for listing the Trust Common Shares and Trust Preferred Shares (including the Trust Common Shares and Trust Preferred Shares to be issued in the Merger, and all Trust Common Shares issuable upon conversion of the Trust Preferred Shares to be issued in the Merger).
The authorized, issued and outstanding capital stock of the Company is as described in the General Disclosure Package, Prospectus and the Registration Statement (other than for subsequent issuances, if any, pursuant to employee benefit plans or dividend reinvestment plans, upon redemption of OP Units (as defined below) or conversion of Joint Venture Interests (as defined below) or Trust Preferred Shares or upon exercise of outstanding options).
Issuer Trust shall maintain with no material modifications all covenants applicable to and binding upon Issuer Trust Preferred Shares; provided, however, that with respect to the so-called leverage covenant applicable thereto, such covenant may be modified to provide that the maximum leverage against the fair market value of Issuer Trust's bond assets, including all existing and future Issuer Trust Preferred Shares or similar obligations, shall be no more than 85%.
Five teachers and eight students responded with a completed questionnaire.
At the close of business on June 30, 1999, (i) 100 Class A Shares were issued and outstanding, (ii) 178,689,625 Class B Shares were issued and outstanding, (iii) 3,944,692 shares of Class A EPS were issued and outstanding and (iv) 3,536,871 shares of Class B EPS were issued and outstanding and (v) no excess Trust Shares or Excess Trust Preferred Shares were outstanding.