Voting Preferred Shares definition

Voting Preferred Shares shall have the meaning set forth in ----------------------- subsection (h) of this Section 8.

Voting Preferred Shares means, with regard to any election or removal of a Preferred Shares Director or any other matter as to which the holders of Series F Preferred Shares are entitled to vote as specified in Section 9, any and all series of Parity Shares upon which like voting rights have been conferred and are exercisable with respect to such matter.

Voting Preferred Shares shall have the meaning set forth in Section 11 hereof.

Examples of Voting Preferred Shares in a sentence

• On October 16, 2012, BTF Holdings, Inc., or BTFHI, a wholly-owned company of the Board of Trustees for the Account of the Beneficial Trust Fund, or PLDT Beneficial Trust Fund, created pursuant to PLDT’s Benefit Plan, subscribed to 150 million newly issued shares of Voting Preferred Stock of PLDT, or Voting Preferred Shares, at a subscription price of Php1.00 per share for a total subscription price of Php150 million pursuant to a subscription agreement between BTFHI and PLDT dated October 15, 2012.

• The Voting Preferred Shares rank prior to, on a parity with, or junior to other shares of capital stock of the Corporation in accordance with Item XIII of this Division A.

• If any such special meeting required to be called as above provided shall not be called by the Secretary within 20 days after receipt of any such request, then any holder of Voting Preferred Shares may call such meeting, upon the notice above provided, and for that purpose shall have access to the stock books of the Corporation.

• The Corporation and its transfer agent may deem and treat the record holder of any Voting Preferred Shares as the true and lawful owner thereof for all purposes, and neither the Corporation nor such transfer agent shall be affected by any notice to the contrary.

• All Voting Preferred Shares which shall have been issued and reacquired in any manner by the Corporation shall be deemed retired.

More Definitions of Voting Preferred Shares

Voting Preferred Shares means any other class or series of our preferred shares ranking equally with the Series A Preferred Shares as to dividends and the distribution of assets upon our liquidation, dissolution or winding- up and upon which like voting rights have been conferred and are exercisable. Whether a plurality, majority or other portion of the Series A Preferred Shares and any other voting preferred shares have been voted in favor of any matter shall be determined by reference to the aggregate liquidation preference of the Series A Preferred Shares and voting preferred shares voted.

Voting Preferred Shares means (a) for each Preferred Shareholder other than a Reg Y Institution, the number of Preferred Shares held by such Preferred Shareholder at such time and (b) for any Reg Y Institution, an amount equal to the lesser of (i) the number of Preferred Shares held by such Preferred Shareholder at such time and (ii) 2.0% of the aggregate number of Preferred Shares held by all Preferred Shareholders at such time.

Voting Preferred Shares shall have the meaning set forth in Section 9(b).

Voting Preferred Shares means, with regard to any election or removal of a Preferred Shares Director (as defined in Section 5.32.8(b) below) or any other matter as to which the holders of Series A Perpetual Preferred Shares are entitled to vote as specified in Section 5.32.8 of this Articles of Amendment, any and all series of Preferred Shares (other than Series A Perpetual Preferred Shares) that rank equally with Series A Perpetual Preferred Shares either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

Voting Preferred Shares has the meaning set forth in Section 13.7(a).

Voting Preferred Shares has the meaning assigned to such term in the Recitals.

Voting Preferred Shares means any other class or series of Parity Shares upon which like voting rights for the election of directors as set forth in Section 6 have been conferred and are exercisable.