Class B definition
Examples of Class B in a sentence
The Class B STN Face Value shall be capped at USD18,760,000 (the "Class B STN Face Value Cap", and collectively with the Class A STN Face Value Cap, the "STN Face Value Cap").
For the avoidance of doubt, there is no difference in the conversion ratio for Class A Scheme Creditors and Class B Scheme Creditors in respect of the conversion of their Scheme Creditors' Claims to LTN.
If the Local Agency desires to be an additional contracting party and an additional bondholder or obligee on the performance bond for Class B and C roads, a signed letter on official letterhead by the governing body of the Local Agency shall be an attachment to this Federal Aid Agreement.
These interests include: • the beneficial ownership of Novus’s board of directors and officers and their affiliates of an aggregate of 5,980,773 shares of Novus Class B Common Stock and 4,566,625 Novus Warrants, which shares and warrants would become worthless if Novus does not complete a business combination within the applicable time period, as our directors and officers have waived any right to redemption with respect to these shares.
To the extent that the Scheme Creditors' election for Option 1 results in the STN Face Value exceeding the Class A STN Face Value Cap and the Class B STN Face Value Cap respectively, the unconverted portion of the Existing Debt Principal Claims and the Accrued Interest Claims in relation thereto will be automatically reassigned to Option 2.