ZDP Shares definition

ZDP Shares means the zero dividend preference shares in the capital of the Noteholder of 10p nominal value each having the rights set out in the Articles.
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ZDP Shares means redeemable zero dividend preference shares m the capital of UIL Finance Limited;
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ZDP Shares means the zero dividend preference shares of 0.01 pence each in the capital of ZDP Company.
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Examples of ZDP Shares in a sentence

  • A redemption notice may not be withdrawn without the prior class consent of the holders of the ZDP Shares concerned.

  • Any redemption notice shall specify the redemption amount and the address at which certificates for ZDP Shares are to be surrendered for redemption.

  • However, the rights attaching to the ZDP Shares provide that the ZDP Shares are to be redeemed by the Company on 1 October 2022.

  • It is important to understand that there is a lot of information needed to determine whether an application meets all the Program requirements.

  • ZDP Shares do not carry any voting rights at general meetings of UIL, although the consent of ZDP Shareholders is required for certain proposals.

  • In any event no purchase of ZDP Shares will be made at a price in excess of their Accrued Capital Entitlement (at a date determined by the UIL Finance Directors falling not more than 10 days before the date of purchase) unless the UIL Finance Directors determine that a purchase at a higher price is in the interests of ZDP Shareholders.

  • Studying is a continuous process that helps learners collect their thoughts and reflect on all the new things they learn each day.

  • The ZDP Shares do not carry the right to vote at general meetings of the Company, although they carry the right to vote as a class on certain proposals which would be likely to materially affect their position.

  • For the avoidance of doubt, the passing of a Liquidation Resolution, a Recommended Resolution or a Reconstruction Resolution or a resolution to increase the authorised share capital of UIL Finance shall not be treated as an alteration, modification or abrogation of the rights attached to the ZDP Shares.

  • The value and income of the Ordinary Shares and the value of the ZDP Shares can fall as well as rise and an investor may get back less than the amount invested.


More Definitions of ZDP Shares

ZDP Shares means the redeemable zero dividend preference Shares of no par value in the capital of the Company which, for the avoidance of doubt, includes all Classes of ZDP Shares (denominated in such currency as the directors may determine in accordance with these Articles) having the rights and subject to the restrictions set out in these Articles. 1.2 The expressions "Operator", "participating security", "properly authenticated dematerialised instruction" and "relevant system" have the same meanings given to them in the Regulations. 1.3 Unless expressly provided otherwise, a reference to a statute or statutory provision includes a reference to: 1.3.1 any statutory modification, consolidation or re-enactment of it to the extent in force from time to time; 1.3.2 all statutory instruments or subordinate legislation or orders from time to time made under it; and 1.3.3 any statute or statutory provision of which it is a modification, consolidation or re- enactment.1.4 Any reference to: 1.4.1 a person includes a legal or natural person, partnership, trust, company, government or local authority department or other body (whether corporate or unincorporated); 1.4.2 an individual includes, where appropriate, his personal representatives; 1.4.3 the singular includes the plural and vice versa; and 1.4.4 one gender includes all genders. 1.5 Any reference to a document being sealed or executed under seal or under the common seal of any body corporate (including the Company) or any similar expression includes a reference to it being executed in any other manner which has the same effect as if it were executed under seal. 1.6 Headings to these Articles are inserted for convenience only and shall not affect their construction. Unless the context otherwise requires, references to "Article" is a reference to an articles of these Articles. SHARE CAPITAL 2. LIMITED LIABILITY 2.1 The liability of the Company’s shareholders Shareholders is limited to the amount, if any, unpaid on the shares Shares held by them. 2.2 The Company may issue shares Shares in any currency. No share Share issued by the Company shall have a nominal value. 3. STATED CAPITAL ACCOUNTS 3.1 The Company shall maintain a stated capital account in accordance with the Companies Law for each class of issued shareShare. A stated capital account may be expressed in any currency. 3.2 Subject to the requirements of the Companies Law, and except as provided herein, there shall be transferred to the stated capital account for...
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ZDP Shares means the zero dividend redeemable preference shares of no par value in the capital of the Company issued on or around 22 June 2009, exchanged on or around 1 October 2015 and having a redemption date of 1 October 2022; and
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ZDP Shares means zero dividend preference shares of one pence each inthe capital of the Company.
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ZDP Shares means the zero dividend preference shares of par value £0.01, the rights attaching to which are set out in Schedule A of these bye-laws.
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ZDP Shares means zero dividend preference shares of 0.01 xxxxx each in the capital of the Lender.
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Related to ZDP Shares

  • Coop Shares Shares issued by a Cooperative Corporation.

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

  • Co-op Shares Shares issued by private non-profit housing corporations.

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

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

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

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

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

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

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

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

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

  • 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.

  • Lock-Up Shares has the meaning set forth in Section 4.1.

  • Fully Diluted Shares means an amount equal to the sum of (a) the total number of shares of Common Stock outstanding immediately prior to the Effective Time, plus (b) the total number of shares of Common Stock that all In-the-Money Options outstanding immediately prior to the Effective Time are exercisable into at such time and without any withholding of shares to pay the exercise price or Taxes.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • 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;

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

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

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

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

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

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

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.