Examples of Share Entitlement in a sentence
Class B Shares shall automatically convert into Class A Shares in such a ratio so as to give effect to the Class B Share Entitlement (the Conversion Ratio): (a) at any time and from time to time at the option of the holders thereof; and (b) automatically on the day of the closing of a Business Combination.
Class B Shares shall automatically convert into Class A Shares in such a ratio so as to give effect to the Class B Share Entitlement (the Conversion Ratio): (a) at any time and from time to time at the option of the holders thereof; and (b) automatically concurrently with or immediately following the closing of a Business Combination.
Class B Shares shall convert into Class A Shares in such a ratio so as to give effect to the Class B Share Entitlement (the Conversion Ratio): (a) at any time and from time to time at the option of the holders thereof; and (b) automatically on the day of the closing of a Business Combination.
Upon conversion, each Series N-2 Preferred Unit shall be converted into a number of Class A-1 Common Units equal to quotient of (x) $30,000 divided (y) the Common Share Entitlement Value with respect to such Entitlement Event.
On each Purchase Date, the Company will be responsible for calculating each Participant’s Share Entitlement.