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Z Shares definition

Z Shares means the Z shares in the capital of the Company with a nominal value (i) prior to Completion of US$1.00 each; and (ii) following Completion of US$0.000048 each; “Z1 Shares” means the Z1 shares of US$0.000048 each in the capital of the Company; and “Z Shares Condition” means the condition listed in paragraph 10 of Schedule 5.
Sample 1
Z Shares means the Class Z Preferred Shares in the capital of Paramount to be created and issued pursuant to the Arrangement;
Sample 1
Z Shares means the Class Z Preferred Shares of Paramount as described in Appendix I; and
Sample 1

Examples of Z Shares in a sentence

  • Except as noted for Class Z Shares, these expenses are not charged directly to shareholders.

  • Class Z Shares of a Fund may generally be exchanged for Class Z Shares of Affiliated Funds, subject to exceptions described in the then-current prospectuses of the Fund and Affiliated Fund.

  • An Affiliated Fund that holds Class Z Shares of a Fund may exchange such Shares for Class I Shares of the same Fund, subject to exceptions described in the then-current prospectuses of the Affiliated Fund and Fund.

  • If a shareholder becomes eligible, in accordance with the eligibility requirements described in the prospectuses as from time to time in effect, to purchase Class Z Shares of a Fund, Shares of eligible classes may be exchanged for Class Z Shares of the same Fund, subject to the terms set forth in the prospectuses.

  • Class Z Shares are sold at net asset value per share without an initial sales charge.

  • Class Z Shares shall bear the costs and expenses associated with conducting a shareholder meeting for matters relating to Class Z Shares.

  • Transfer agency fees are allocated to Class Z Shares on a per account basis except to the extent, if any, such an allocation would cause the Fund to fail to satisfy any requirement necessary to obtain or rely on a private letter ruling from the IRS relating to the issuance of multiple classes of shares.

  • Class Z Shares are not subject to a CSDC upon redemption regardless of the length of period of time such Shares are held.

  • Class Z Shares of a Fund shall have such conversion features and exchange privileges, if any, as are determined by or ratified by the Board of Trustees of the Trust and described in the then-current prospectus for such Shares of such Fund.

  • Class Z Shares of a Fund shall have such arrangements for shareholder services as are determined by or ratified by the Board of Trustees of the Trust and described in the then-current prospectus for such Shares of such Fund.


More Definitions of Z Shares

Z Shares means the Z Shares of the Company issued in connection with the Reorganization.
Sample 1

Related to Z Shares

  • Amalco Shares means common shares in the capital of Amalco;

  • Newco Shares means common shares in the capital of Newco;

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Common Shares means the common shares in the capital of the Company;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • ASA Shares has the meaning set forth in 2.4(a).

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Company Shares means the common shares in the capital of the Company;

  • Unit Shares means the Common Shares comprising part of the Units;

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Sold Shares shall have the meaning specified in Section 6.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Subco Shares means the common shares in the capital of Subco;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Series D Shares means the Company's Series D Convertible Preferred --------------- Stock, par value $0.01 per share.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Offering Shares means the shares of Common Stock included in the units sold in the Offering; (iv) “Placement Shares” shall mean the shares of Common Stock sold as part of the Placement Units; (v) “Placement Warrants” shall mean the Warrants to purchase up to an aggregate of 172,500 shares of Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of 690,000 Units of the Company (each Placement Unit consists of one-fourth of one Placement Warrant and one Placement Share) sold in the Private Placement for a purchase price of $6,900,000; (vii) “Trust Account” shall mean the trust account into which net proceeds of the Offering and the Private Placement will be deposited; (viii) “Prospectus” shall mean the prospectus included in the registration statement filed by the Company in connection with the Offering, as supplemented or amended from time to time; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Offering pursuant to which the Company has agreed to sell an aggregate of 690,000 Placement Units to FinTech Investor Holdings VI, LLC (580,000 Placement Units) and Cantor (110,000 Placement Units); (x) “Sponsor” shall mean, collectively, FinTech Investor Holdings VI, LLC, a Delaware limited liability company, and FinTech Masala Advisors VI, LLC, a Delaware limited liability company; (xi) “Insiders” shall mean the Sponsor, any holders of Founder Shares, any person who receives Placement Units, Founder Shares or their respective underlying securities as a Permitted Transferee and each officer and director of the Company; and (xii) references to completion of the Offering shall exclude any exercise of the Underwriters’ over-allotment option.

  • Acquired Shares has the meaning set forth in the Recitals.

Most Referenced Clauses

Most Referenced Definitions