Class B Transferee definition
Examples of Class B Transferee in a sentence
For the avoidance of doubt, no Class B Committed Note Purchaser may disclose any of the foregoing information to any Class B Transferee who is a Disqualified Party without the prior written consent of an Authorized Officer of the Issuer, which consent may be withheld for any reason in the Issuer’s sole and absolute discretion.
For purposes of this Agreement, "Immediate Family" shall mean any person who qualifies as a "Permitted Class B Transferee" as set forth in the Company's Articles of Incorporation.
No person holding shares of Series B Preferred may transfer, and the Corporation shall not register the transfer of, such shares of Series B Preferred, whether by sale, assignment, gift, bequest, appointment or otherwise, except to a Permitted Class B Transferee (as defined in the Amended and Restated Articles of Incorporation of the Corporation).