Class B Special Shares definition

Class B Special Shares means the Class B special shares in the capital of Concordia to be issued to Solus having the rights and terms as contemplated by the Governance Terms;
Class B Special Shares means the Class B Special Shares in the capital of the Company.
Class B Special Shares shall have the meaning ascribed to such term in the Company Acquisition Agreement.

Examples of Class B Special Shares in a sentence

  • The election of the Class B Director may be conducted by a resolution in writing signed by all the holders of the Class B Special Shares, to be effective on the date of the Company's annual meeting of voting shareholders or on such other date as specified in such resolution, or at a meeting of the holders of the Class B Special Shares.

  • Stock Option Plan, as amended (the “Stock Option Plan,” and together with the 2021 Plan, the “Plans”), and (iii) 14,896,783 Common Shares that may be issued upon conversion of the Class A Special Shares, Class B Special Shares, Class C Special Shares, Class D Special Shares, Class E Special Shares, Class F Special Shares, Class G Special Shares and Class H Special Shares (together, the “Special Shares”).

  • The Class B Special Shares shall have attached thereto, as a class, the rights, privileges, restrictions and conditions set out in this Article 7.

  • The holders of the Class B Special Shares shall be entitled to receive notice of, to attend and speak at any meeting of the holders of Limited Voting Shares.

  • Except as provided in the foregoing sentence, the holders of Class B Special Shares shall not be entitled to participate in any other part of the property and assets of the Company in the event of the liquidation, dissolution or winding-up of the Company whether voluntary or involuntary.

  • On the Effective Date, all New Limited Voting Shares, the Class A Special Shares and the Class B Special Shares issued in connection with this Plan shall be deemed to be duly authorized, validly issued, fully paid and non-assessable.

  • The holders of the Class B Special Shares shall be entitled to elect one (1) director of the Company (the Class B Director) to the Board for so long as the holders of the Class B Special Shares beneficially own, in the aggregate, not less than twelve and one half percent (12.5%) of the issued and outstanding Limited Voting Shares.

  • The holders of the Class B Special Shares will be entitled at any time, subject to applicable law and Article 7.9, to remove the Class B Director and to elect a successor Class B Director following any such removal.

  • Concordia shall issue to Solus that number of Class B Special Shares as agreed by Concordia and Solus, and the Class B Special Shares shall be duly authorized, validly issued, fully paid and non-assessable.

  • The removal of the Class B Director by the holders of the Class B Special Shares may be conducted by a resolution in writing signed by all the holders of the Class B Special Shares, to be effective on the date specified in such resolution, or by the majority of the votes cast in person or by proxy at a duly constituted meeting of the holders of the Class B Special Shares.


More Definitions of Class B Special Shares

Class B Special Shares means the Class B special shares of the Company.
Class B Special Shares means the 5,462,500 Class B non-voting special shares of New JOI to be issued and distributed to the Unsecured Creditors hereunder and which will have the attributes set forth in the Articles of Reorganization;
Class B Special Shares means the Class B Special Shares that the Corporation is authorized to issue;
Class B Special Shares means (a) prior to the Company Amalgamation, the 1,000,000 Class B Non-Voting Special Shares in the capital of Amalco, and (b) from and after the Company Amalgamation, the 1,000,000 Class B Non-Voting Special Shares in the capital of the Surviving Company.
Class B Special Shares shall have the meaning set forth in Section 1.1(b). --------------

Related to Class B Special Shares

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Class B Common Shares means shares of the Class B Common Stock, par value $.01 per share, of the Company.

  • Class A Common Units means the Company's Class A Common Units.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Class A Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Class B Preferred Stock means the Class B Cumulative Convertible Preferred Stock, par value $0.01 per share, of the Previous General Partner.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.