Class B Sample Clauses

Class B. In consideration of the Distributor's services as distributor for the Class B Shares of a Fund, each Fund shall pay to the Distributor (or its designee or transferee) the Distributor's Allocable Portion of the Distribution Fee; (as set forth in Schedule II to this Agreement) that is payable pursuant to the Fund's Distribution Plan in respect of the Class B Shares of a Fund. For purposes of this Agreement, the Distributor's "Allocable Portion" of the Distribution Fee shall be 100% of such Distribution Fee unless or until the Fund uses a principal underwriter other than the Distributor and thereafter the Allocable Portion shall be the portion of the Distribution Fee attributable to (i) Class B Shares of a Fund sold by the Distributor ("Commission Shares"), (ii) Class B Shares of the Fund issued in connection with the exchange of Commission Shares of another Fund, and (iii) Class B Shares of the Fund issued in connection with the reinvestment of dividends and capital gains. The Distributor's Allocable Portion of the Distribution Fee and the contingent deferred sales charges arising in respect of Class B Shares taken into account in computing the Distributor's Allocable Portion shall be limited under Rule 2830 of the Conduct Rules or other applicable regulations of the NASD as if the Class B Shares taken into account in computing the Distributor's Allocable Portion themselves constituted a separate class of shares of a Fund. The services rendered by the Distributor for which the Distributor is entitled to receive the Distributor's Allocable Portion of the Distribution Fee shall be deemed to have been completed at the time of the initial purchase of the Commission Shares (whether of the Fund or another Fund in the Xxxxxxx Group of Funds) taken into account in computing the Distributor's Allocable Portion. Notwithstanding anything to the contrary in this Agreement, the Distributor shall be paid its Allocable Portion of the Distribution Fee notwithstanding the Distributor's termination as principal underwriter of the Class B Shares of a Fund, or any termination of this Agreement other than in connection with a Complete Termination (as defined in the Distribution Plan) of the Class B Distribution Plan as in effect on the date of this Agreement. Except as provided in the preceding sentence, a Fund's obligation to pay the Distribution Fee to the Distributor shall be absolute and unconditional and shall not be subject to any dispute, offset, counterclaim or defense w...

Class B. Vehicles not designed to carry standing passengers; a vehicle of this class has no provisions for standing passengers.

Class B. The Class B voting members shall be the Declarants. The Class B voting members shall be entitled to three (3) votes for each forty thousand (40,000) square feet of Property (Land Area) that the Declarants own within Lincoln Commerce Center. Fractional votes for the Class B voting member shall be computed in the same manner as provided hereinabove for the Class A members. Notwithstanding anything to the contrary in this Declaration, amendments to this Section VIII A. 6. Shall only be effective upon the unanimous written consent of all Class A voting members and all Class B voting members.

Class B. A teacher who has accepted a Class B extracurricular assignment shall continue in such assignment subject to the School District's annual renewal, for at least two (2) consecutive school years. The teacher may, however, request a release from the Class B assignment effective at the end of the second school year and the School District shall honor and grant the request, provided that the written request is received by the teacher's supervising administrator by April 1 for this subsequent school year. If a Class B extra-curricular assignment is not renewed by the School District, no hearing is required, but the teacher will be given the reasons in writing for the non-renewal.

Class B. Any child of the deceased employee, who at the time a Transition Survivor Income Benefit first becomes payable to such child is both unmarried and either (i) under 21 years of age, or (ii) at least age 21 but under age 25 or (iii) totally and permanently disabled at any age over 21; provided, however, that a child under (ii) or (iii) must have been legally residing with and dependent upon the employee at the time of the employee's death. A child shall cease to be a Class B eligible survivor upon marrying or if not totally and permanently disabled, upon reaching the 25th birthday of such child.

Class B. The Declarant shall be a Class B member. No other Person, except a successor to substantially all of the interest of the Declarant in the Development Area, shall hold a Class B membership in the Corporation.

Class B. A dispute by an employee that an existing District policy, regulation or rule has been misinterpreted or misapplied

Class B. On the Restatement Effective Date, each Lender holds Class B Loans in the amount set forth in column G of Schedule 2.1. Each of Borrower and Detroit acknowledges that, pursuant to the Amendment No. 9 and Restatement Agreement, it has irrevocably surrendered its right to re-borrow any portion of the Class B Loans which is repaid or prepaid. Subject to the limitations set forth herein, the Class B Loans may be prepaid without premium or penalty.

Class B. Class B members shall be First or its assigns and shall be entitled to three votes for each lot owned. The Class B membership shall cease and be converted to Class A membership on the happening of either of the following events, whichever occurs earlier: (1) When the total votes outstanding in Class A membership equal the total votes outstanding in Class B membership including duly annexed areas; or (2) on January 1 of 1977.

Class B no par value; 3,000 shares authorized, none issued and outstanding 17,270 17,321 Contributed capital..................................................................... 3,115 3,115 Deficit accumulated during development stage............................................ (13,187) (23,184) Total shareholders' equity (deficit).................................................. 7,198 (2,748) Total liabilities and shareholders' equity (deficit).................................. $ 8,995 $ 3,922 (A DEVELOPMENT STAGE ENTERPRISE) STATEMENT OF OPERATIONS FROM APRIL 23, 1991 TO DECEMBER 1994 1995 1996 31, 1996 Revenues: Development contracts and related grants......................... $ 1,336 $ 7,290 $ 7,115 $ 15,929 Grants........................................................... 1,304 519 332 6,156 Total revenues................................................. 2,640 7,809 7,447 22,085 Costs and expenses: Direct development contract and related grant costs.............. 928 5,332 11,533 18,318 Direct grant costs............................................... 803 339 210 4,732 Research and development......................................... 2,137 2,367 2,128 8,787 Selling, general and administrative, including reimbursable administrative costs........................................... 3,235 3,135 3,410 13,787 Total costs and expenses....................................... 7,103 11,173 17,281 45,624 Operating loss..................................................... (4,463) (3,364) (9,834) (23,539) Interest income.................................................... 228 127 48 566 Interest expense................................................... -- -- (211) (211) Net loss........................................................... $ (4,235) $ (3,237) $ (9,997) $ (23,184) Net loss per share................................................. $ (1.28) $ (0.98) $ (2.46) Weighted average number of shares outstanding...................... 3,300 3,306 4,062 (A DEVELOPMENT STAGE ENTERPRISE) STATEMENT OF SHAREHOLDERS' EQUITY (DEFICIT) ---------------------- ---------------------- CONTRIBUTED SHARES AMOUNT SHARES AMOUNT SHARES AMOUNT CAPITAL --------- ----------- --------- ----------- --------- ----------- Balance at April 23, 1991 (Inception)... -- -- 1,000 $ 100 -- -- -- Contributed capital-founders' services provided without compensation....... $ 111 Net loss.............................. ----- --------- ----- --------- ----- --------- ----------- Balance at December 31, 19...