Class B Ordinary Share definition

Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

Class B Ordinary Share means an ordinary share of the Company with a nominal or par value of US$0.00002, designated as a Class B Ordinary Share, having the rights set out in these Articles;

Class B Ordinary Share means a class B ordinary share of par value US$0.0001 each in the share capital of the Company having the rights set out in these Articles.

Examples of Class B Ordinary Share in a sentence

• The right to convert shall be exercisable by the holder of the Class B Ordinary Share delivering a written notice to the Company that such holder elects to convert a specified number of Class B Ordinary Shares into Class A Ordinary Shares.

• Each Class B Ordinary Share is convertible into one (1) Class A Ordinary Share at any time at the option of the holder thereof.

• Each Class B Ordinary Share of each Series is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.

• Each Class A Ordinary Share shall entitle the holder thereof to one (1) vote on all matters subject to vote at general meetings of the Company, and each Class B Ordinary Share shall entitle the holder thereof to twenty-five (25) votes on all matters subject to vote at general meetings of the Company.

• In no event shall any Class B Ordinary Share be convertible into any Class A Ordinary Shares.

More Definitions of Class B Ordinary Share

Class B Ordinary Share means a Class B Ordinary Share of a par value of US$0.00025 in the capital of the Company, and having the rights, preferences, privileges and restrictions provided for in the Memorandum and these Articles;

Class B Ordinary Share means a Class B Ordinary Share in the capital of the Company.

Class B Ordinary Share means a class B ordinary share of a par value of US$0.0001 in the share capital of the Company and having the rights provided for in these Articles;

Class B Ordinary Share means a class B ordinary share in the capital of the Company, par value of US$0.00001 per share;

Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the

Class B Ordinary Share means a convertible Class B ordinary share in the capital of the Company of a par value of US$0.000001;

Class B Ordinary Share means the Class B Ordinary Shares of the Company, par value US$0.01 per share.