Examples of Electing Class in a sentence
Subject to Sections 3.01(e) and 3.01(f), each Class A Share outstanding immediately prior to the Effective Time with respect to which a Form of Election has been properly made and not revoked pursuant to Section 3.01(d) (such Class A Shares with respect to which a Form of Election is duly made being referred to as "Electing Class A Shares") will, at the Effective Time, be converted into $18.50 in cash (the "Class A Cash Consideration").
If we become aware of any jurisdiction where the making of this exchange offer is not in compliance with applicable law, we will make a good faith effort to comply with such law.
The shares of Reorganized MPC Common Stock to be distributed to the Class 6C Interest Holders will only come from that portion of the Private Equity Issue which would otherwise be distributed to MPAC, and NOT from that portion of the Private Equity Issue to be distributed to any Electing Class 4 Creditor.
The cash purchase price for such redeemed Class A Units shall be the greater of (y) the fair market value of such Units (without discount for illiquidity, minority status or otherwise) as determined by a qualified third party agreed to in writing by a majority of the Electing Class A Unitholders and the Class B Holder and (z) the original per-Unit price for such Class A Units plus any unpaid Class A Preference thereon.
As between directors of equal length of service, the directors shall agree amongst themselves who shall retire, but in the absence of agreement, the directors to retire shall be selected by lot.(2) A director who retires at an annual general meeting (whether by rotation or otherwise) may, if willing to act, be re-elected for appointment as a director by the appropriate Electing Class.
In the event of a reduction in the Principal Amount Outstanding of Class D Subordinated Notes redeemed pursuant to Condition 7(b)(iii) and 7(b)(iv) by reason of the operation of this Condition 7(b)(v), each Electing Class D Subordinated Noteholder's Delayed Redemption Notes will, subject to compliance with the Premature Redemption Requirements, be subject to automatic mandatory redemption in an amount equal to 100 per cent.
If any director shall die or be removed from office in accordance with article 20(3) or vacate office for any reason, the directors shall organise an election in accordance with the provisions of this article 19 as soon as possible, to enable that director's Electing Class to elect another person to be appointed as a director in his or her place.
Without prejudice to the Liquidity Limitation Procedure, in the event that the Investment Manager, in its discretion, so determines, the aggregate Principal Amount Outstanding of Class D Subordinated Notes which any Electing Class D Subordinated Noteholder may redeem pursuant to Condition 7(b)(iii) and 7(b)(iv) may be reduced (subject as follows, in addition to any reduction arising from the application of the Liquidity Limitation Procedure) by an amount equal to up to 15 per cent.
Various stakeholders have their respective expectations in terms of the knowledge, skills, competencies, values, and attitudes that the General Education Curriculum envisions to develop and strengthen.
If the Plan Proponents do not make the Class 7 Cash Distribution available, each holder of an Allowed Class 7 Claim that elected to receive a Class 7 Cash Distribution (each, an "Electing Class 7 Creditor") will receive its Pro Rata portion of Reorganized DZ Units distributed to holders of Class 7 Claims under this Plan on, subject to Section 5.5(f), the Effective Date or, if such Claim becomes Allowed after the Effective Date, as soon as such Claim becomes Allowed.