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 par value £0.01, the rights attaching to which are set out in Schedule A of these bye-laws.
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Examples of ZDP Shares in a sentence

  • 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.

  • Details of any ZDP Shares to be issued pursuant to the ZDP Placing Programme (including the issue price of such ZDP Shares, which shall be calculated by reference to the: (i) prevailing NAV per ZDP Share; (ii) the costs of such Subsequent ZDP Placing; and (iii) prevailing market conditions) shall be determined by the ZDP Directors at their sole and absolute discretion and announced to the market by an RIS in due course.

  • Subsequent to the initial recognition, ZDP Shares are carried at amortised cost using the effective interest rate method.

  • The ZDP Shares are designed to provide a pre-determined capital growth from their original issue price of 100p on 30 June 2017 to a final capital entitlement of 127.25p on 1 July 2024, on which date the Company is planned to be wound up.

  • The maximum number of ZDP Shares to be issued pursuant to the Placing is 20 million ZDP Shares.

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

  • Without fixed costs of technology adoption, the household would adopt an initially infinitesimal amount when the marginal value product of that adoption exceeds its marginal cost given household market participation without technology adoption.

  • The net exposure to interest risk is reduced as a result of the Undertaking by RDLF whereby at any time up to or immediately prior to the ZDP Repayment Date, RDLF will subscribe for such number of ordinary shares in the Company as is necessary to provide the Company (after taking into account the repayment of the loan) with sufficient funds to meet the repayment obligations in respect of the ZDP Shares.

  • Unless otherwise indicated, the statistics contained in this document relating to the ZDP Shares have been calculated on the principal bases and assumptions set out below.

  • The Articles permit the holding of New ZDP Shares under the CREST system.


More Definitions of ZDP Shares

ZDP Shares means zero dividend preference shares of one pence each inthe capital of the Company.
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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 0.01 xxxxx each in the capital of the Lender.
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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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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 means the common shares in the capital of the Company;

  • 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 the common shares in the capital of Amalco;

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

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • 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 any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

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

  • Fully Diluted Shares means, at any time of determination, the number of shares of common stock of the applicable entity outstanding at such time, plus the number of shares of issuable upon exercise or conversion or otherwise pursuant to any in-the-money common stock equivalents of such entity outstanding at such time.

  • 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.

  • 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 shall have the meaning attributed to such term in the recitals of this Agreement;

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

  • 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.