ELIGIBLE CLASS B SHARES definition

ELIGIBLE CLASS B SHARES means the following percentages (subject to modification as provided
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ELIGIBLE CLASS B SHARES and, together with the Eligible Class A Shares, the “Eligible Shares”) shall be converted automatically at the Initial Company Merger Effective Time into the right to receive a number of validly issued, fully paid and nonassessable shares of Parent Class C Common Stock equal to the Exchange Ratio (the “Class B Merger Consideration” and, together with the Class A Merger Consideration, the “Company Merger Consideration” and, the Company Merger Consideration, together with the OpCo Merger Consideration, the “Merger Consideration”);
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ELIGIBLE CLASS B SHARES means the following percentages (subject to modification as provided in Section 3(c) of this Article) of the Outstanding Class B Shares as of the Year-End Testing Dates indicated:
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More Definitions of ELIGIBLE CLASS B SHARES

ELIGIBLE CLASS B SHARES means Pledged Shares (i) held in or credited to an Eligible Collateral Brokerage Account over which an Applicable Lender has a valid and perfected First Priority Lien created under the Collateral Documents, and (ii) that are not subject to Transfer Restrictions (other than the Existing Class B Share Restrictions and Permitted Transfer Restrictions).
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Related to ELIGIBLE CLASS B 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 C Shares means the shares of Class C common stock of the Company.

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

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Company Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Company Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Class B Common Shares means (x) the Company’s Class B Common shares, $0.002 par value per share, the terms of which may be designated by the board of directors of the Company in a certificate of designations and (y) any share capital into which such preferred shares shall have been changed or any share capital resulting from a reclassification of such preferred shares (other than a conversion of such preferred shares into Common Shares in accordance with the terms of such certificate of designations).

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

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

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

  • Class B Units means the Class B Units of the Company.

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

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto 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 one year.

  • 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 Common Stock means the Class A common stock, par value $0.01 per share, of the Company.

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

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

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

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

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

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