Examples of Class B Shareholder Committee in a sentence
On the 30th day following the completion of the Liquidity Redemption (such date, the “Transition Date”), DSO will relinquish his proxy under the Class B Shareholders Agreement and disband the Class B Shareholder Committee.
An extensive review of this point can be found in Clausing (2007).
This Agreement may be terminated at any time by the mutual written agreement of the LLC and the Class B Shareholder Committee.
Major customers are computer manufacturers and users, construction contractors, municipalities, and TV and radio broadcasters.
To the fullest extent permitted by applicable law, no member of the Class B Shareholder Committee shall be liable to the Class B Shareholders or any of them to any Affiliate of any Class B Shareholder for any damages incurred by reason of any act performed or omitted to be performed by such member of the Class B Shareholder Committee under this Agreement, including the proxy granted herein.
Unless otherwise required by law or by the Certificate of Incorporation, special meetings of stockholders, for any purpose or purposes, may be called only by the Board of Directors, except if one or more Class B Shareholders collectively own a majority of Outstanding Voting Shares, such Class B Shareholders (or their designee(s), including the Class B Shareholder Committee) may call a special meeting of stockholders (a “Class B Called Special Meeting”).
This was the hearing of the remitted remedy and also the parties’ cross applications for costs.
The Company shall not allow Och-Ziff Holding or Och-Ziff Corp to acquire an interest, directly or indirectly, in any entity without the prior written approval of the Class B Shareholder Committee if Class B Shareholders would be required to contribute funds in order for such Persons to maintain their respective ownership percentages in such entity.
The Board of Directors shall consist of not fewer than one nor more than fifteen members, the exact number of which shall initially be seven and thereafter from time to time fixed by the Board of Directors, provided that for so long as the Class B Shareholder Committee shall have the right to designate nominees to the Board of Directors under the Class B Shareholders Agreement, the number of directors may not be increased beyond seven without Class B Consent.
For the avoidance of doubt, nothing in this Section 11 shall be interpreted in a manner that would reduce, diminish or supersede any of the rights or privileges of the Class B Shareholder Committee under the Class B Shareholders Agreement.