Class M Common Shares definition
Class M Common Shares shall have the meaning as provided in Section 5.1 herein.
Class M Common Shares means the Company’s class M-1 common shares, class M-2 common shares, class M-3 common shares, class M-4 common shares and any other common shares of the Company designated as a class or series of class M common shares, each having a par value $0.001 per share.
Examples of Class M Common Shares in a sentence
The term “Net Asset Value per Class M Common Share” shall mean the net asset value of the Corporation allocable to the Class M Common Shares, calculated as described in the Prospectus, as may be amended from time to time, divided by the number of outstanding Class M Common Shares.
If a Class M Common Share converts to a number of Class I Common Shares pursuant to clause (d) above, all Class M Common Shares issued under a Reinvestment Plan with respect to such Share, if any, shall also convert into a number of Class I Common Shares as set forth above.
If required, the holders of any unvested shares of Class M Common Shares of AHL.