Class B definition

Class B. Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Class B has the meaning set forth in Section 5.1.C.

Class B means a passenger ship engaged on domestic voyages in the course of which it is at no time more than 20 miles from the line of coast, where shipwrecked persons can land, corresponding to the medium tide height.

Examples of Class B in a sentence

Following any such transfer, the transferee’s Capital Account established with respect to the transferred Common Units issued upon conversion of Class B Units will have a balance equal to the amount allocated under clause (a) hereinabove.
The Shares shall constitute newly issued Class B Ordinary Shares of the Company and shall rank pari passu in all respects with the Company’s existing Class B Ordinary Shares.
For the avoidance of doubt, no adjustment shall be made to the terms of the Warrants solely as a result of an adjustment to the conversion ratio of the Class B Ordinary Shares into Ordinary Shares or the conversion of Class B Ordinary Shares into Ordinary Shares, in each case, pursuant to the Memorandum and Articles of Association, as further amended from time to time.
The Company is authorized to issue 500,000,000 Class A Ordinary Shares, 50,000,000 Class B Ordinary Shares, par value $0.0001 per share (“Class B Ordinary Shares”) and 5,000,000 preference shares, par value $0.0001 per share (“Preference Shares”).
The Series 2026-1 Class B Notes shall be designated as Tax Restricted Notes (and shall accordingly be subject to the transfer and other restrictions in Sections 2.4(m) and 2.4(n) of the Indenture).

More Definitions of Class B

Class B. The Manager will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Class C: The Manager will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Class I: The Manager will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Investor Class: The Manager will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Class R3: The Manager will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares.

Class B or "Class C" means pertaining to each Class of Class A Certificates, Class M-1 Certificates, Class B Certificates and/or Class C Certificates, as the case may be.

Class B. The rate of Class B bilingual skills is twenty dollars ($20) biweekly; twenty-five cents ($0.25) per hour for eighty (80) hours of paid service - thereafter, the FLSA regular rate for overtime shall apply. To qualify for this rate, the employee must be assigned to a position designated as requiring bilingual skills less than fifty percent (50%) of the time or thirty-nine (39) hours or less in an 80-hour biweekly pay period. This fifty percent (50%) or less usage requirement shall mean the actual time spent conversing or interpreting in a second language.

Class B authorized emergency vehicles means wreckers and such other emergency vehicles as are authorized by the local authorities.

Class B means for calculation purposes, the portion of the Notes related to the Class B Associated Debt;

Class B. Class B-3I" or "Class C" means ----------------------------------------------------------------- pertaining to each Class of Class A Certificates, Class M Certificates, Class B Certificates, Class B-3I Certificates and/or Class C Certificates, as the case may be.

Class B. The rate of Class B bilingual skills is sixteen dollars and fifteen cents ($16.15) biweekly. To qualify for this rate, the employee must be assigned to a position designated as requiring bilingual skills less than fifty percent (50%) of the time or thirty-nine (39) hours or less in an eighty (80) hour biweekly pay period. This fifty percent (50%) or less usage requirement shall mean the actual time spent conversing or interpreting in a second language.