One Class Sample Clauses
The "one Class" clause establishes that all shares of a particular class of stock must have identical rights and privileges. In practice, this means that within a given class, such as common stock, no individual share can have preferential treatment regarding voting, dividends, or other shareholder rights compared to another share of the same class. This clause ensures fairness and uniformity among shareholders of the same class, preventing the creation of sub-classes with differing rights and thereby maintaining clarity and equality in shareholder interests.
One Class. The membership under this Agreement shall consist of one class.
One Class. F Warrant entitling the holder to purchase a further Share at an exercise price of US $0.60 per Share up to and including August 31, 2000; and
One Class. G Warrant entitling the holder to purchase a further Share at an exercise price of US $0.65 per Share up to and including August 31, 2001. For the purposes of this Agreement the Class D Warrants, the Class E Warrants, the Class F Warrants and the Class G Warrants referred to above shall collectively be referred to as the "Warrants". The Shares to be issued on exercise of the Warrants shall be referred to as the "Warrant Shares". The Warrants shall be subject to terms and conditions contained therein which will provide, amongst other things, for an appropriate adjustment in class and number of Warrant Shares issuable pursuant to any exercise thereof upon the occurrence of certain stated events, including any subdivision, consolidation or re-classification of common shares. PAYMENT OF PURCHASE PRICE - The undersigned hereby tenders the full amount of the Purchase Price, namely, $1,000,000 United States Dollars for the two million (2,000,000) Units purchased by the undersigned. The stock certificates of the Company representing the Shares comprising the Units and the certificates representing the Warrants will be issued and held in trust pending delivery to the undersigned promptly after the successful completion of the Offering. The full amount of the Purchase Price, less any part of the Purchase Price previously advanced directly to the Company, is tendered to ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Law Corporation in trust for the Company by wiring the funds for the Purchase Price to the following account to be held in trust for the Company:
One Class. The Company and each Consenting Creditor acknowledge and agree that with respect to the legal requirements for approval of the Restructuring (including Court Approval of the APE Agreement), all of the Creditors and/or all of their claims shall constitute one single category or class of creditors and/or claims.
One Class. Except as otherwise required by the DGCL, this Certificate of Incorporation, or any designation for a class of Preferred Stock (which may provide that an alternate vote is required), (i) all shares of capital stock of the Corporation shall vote together as one class on all ▇▇▇▇▇▇ submitted to a vote of the shareholders of the Corporation; and (ii) the affirmative vote of a majority of the voting power of all outstanding shares of voting stock entitled to vote in connection with the applicable matter shall be required for approval of such matter.
One Class. The Indenture or the Exchange Securities Indenture, as the case may be, shall provide that the Securities and the Exchange Securities shall vote and consent together on all matters as one class and that neither the Securities nor the Exchange Securities will have the right to vote or consent as a separate class on any matter.