B Share definition

B Share means (i) a non-voting class B ordinary share of US$0.0001 in the capital of the Company from time to time, and (ii) any other shares in the capital of the Company which are designated as B Shares (other than any B Shares acquired by the Parent), whether with the same or a different nominal value;

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B Share means a participating share of no par value in the capital of the Fund which has been designated as a B share and which may be accumulating or distributing in nature;

B Share means a redeemable B Share in the capital of the Company having a par value of $0.0001 and designated as a B Share, and having the rights provided for in the Memorandum of Incorporation.

Examples of B Share in a sentence

• Upon each purchase of a Share pursuant to the exercise of a Warrant, a B Share, if issued to the Holder (or prior Holder) of the Warrant being exercised and then outstanding, shall be repurchased or, in the Company’s discretion, redeemed by the Company and cancelled at par value, in each case, in accordance with the Memorandum of Incorporation, and the par value for such cancelled B Shares shall be paid by the Company to the Holder.

• Any attempted Transfer of any Warrant or B Share (if any) in contravention of this Section 11 shall be null and void ab initio and shall not operate to Transfer any Warrant, any B Share, any Share issuable upon conversion of a Warrant or any economic interest in any Warrants, in each case, to any purported Transferee.

• From and after the issuance of B Shares that are stapled to the Warrants, each of the Company and the Holder agrees that each Warrant and the B Share stapled thereto will, together, be treated as a single outstanding share of voting common equity for U.S. federal income tax purposes.

• The Shares to be sold by the Selling Stockholder have been duly authorized by the Company and, when issued upon the conversion of the Class B Shares, will be validly issued, fully paid and non-assessable and will conform to the descriptions thereof in the Registration Statement, the Pricing Disclosure Package and the Prospectus; and the issuance of the Shares upon the Class B Share Conversion is not subject to any preemptive or similar rights.

More Definitions of B Share

B Share means a class B Share of US$1 par value in the share capital of the Company having the rights and benefits and being subject to the restrictions set out in the Articles of Association, which initially shall have the same rights, benefits and restrictions as an A Share (except as to the rights of conversion and redemption that attach only to B Shares);

B Share means a redeemable B ordinary share of $0.016281 in the Company;

B Share means 1 (one) transferable, no par value shares in the share capital of the Company with limited votes and having the preferences, rights, limitations and other terms set out in this Annexure A;

B Share means an ordinary share of £1 in the capital of the Company;

B Share means a B Share in the Company, as set out in the Constitution. B Shareholder means a holder of B Shares.

B Share means a Share which confers on the holder the powers set out in clause 11.1(c) of this Constitution;

B Share means a participating share of no par value in the capital of the Fund which has been designated as a B share and which will not pay a dividend;