Class B Common Stock shall have the meaning given in the Recitals hereto.
Examples of Class B Common Stock in a sentence
As of the Effective Time, as consideration for the contribution to PubCo by each of RenRe and GHC of such consideration pursuant to the terms of this Agreement, PubCo shall issue to each of RenRe and GHC a number of shares of Class B Common Stock equal to the number of LLC Units owned by each of RenRe and GHC as of the Effective Time.
Each of RenRe and GHC shall contribute $0.00001 per share to PubCo as full and valid consideration for the issuance and sale of the shares of Class B Common Stock.
Upon the Exchange of 38 any Redeemed Units, an equal number of Class B Common Stock or Class C Common Stock, as applicable, held by the Redeeming Member shall be cancelled.
More Definitions of Class B Common Stock
Class B Common Stock means shares of Class B Common Stock, par value $0.001 per share, of the Company.
Class B Common Stock means, as applicable, (a) the Class B Common Stock, par value $0.01 per share, of PubCo or (b) following any consolidation, merger, reclassification or other similar event involving PubCo, any shares or other securities of PubCo or any other Person or cash or other property that become payable in consideration for the Class B Common Stock or into which the Class B Common Stock is exchanged or converted as a result of such consolidation, merger, reclassification or other similar event.
Class B Common Stock has the meaning set forth in the recitals.
Class B Common Stock means Class B common stock, $0.01 par value per share, of Pubco.
Class B Common Stock has the meaning set forth in Section 1(a) hereof.
Class B Common Stock means the Class B Common Stock, par value $0.001 per share, of the Corporation.