SPAC Class B Shares definition

SPAC Class B Shares means SPAC’s Class B ordinary shares, par value $0.0001 per share.
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SPAC Class B Shares means, at all times prior to the Effective Time, shares of the SPAC’s Class B common stock, par value $0.0001 per share.
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SPAC Class B Shares means the class B shares in the capital of the SPAC.
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Examples of SPAC Class B Shares in a sentence

  • As of the Closing Date, the SPAC will have sufficient authorized but unissued SPAC Class B Shares to meet its obligations under the Exchangeable Shares issued in accordance with Section 2.3(c).

  • Immediately prior to the First Effective Time, each SPAC Class B Share shall be automatically converted into one SPAC Class A Share in accordance with the terms of the SPAC Memorandum and Articles of Association (such automatic conversion, the “ SPAC Class B Conversion”) and each SPAC Class B Share shall no longer be outstanding and shall automatically be canceled, and each former holder of SPAC Class B Shares shall thereafter cease to have any rights with respect to such SPAC Class B Shares.

  • The main reason for the lower deprivation headcount in 2006 was a higher level of self-reported satisfaction.

  • Xxxxxxxxx to the SPAC Board to serve so long as Seller holds at least forty percent (40%) of the Exchangeable Shares (including the SPAC Class B Shares issued upon conversion or exchange of such Exchangeable Shares) issued to Seller at the Closing pursuant to this Agreement1.

  • Upon Effective Time, each SPAC Class B Share held by the Promoters which are issued and outstanding will automatically cease to exist and will be converted into one fully paid SPAC Class A Share in accordance with the terms of the Vision Deal Articles and upon such conversion, all of the SPAC Class B Shares will no longer be issued and outstanding.

  • In such case, subject to any required SPAC shareholder approval, the SPAC will take all action necessary to correspondingly increase the size of the SPAC Board and cause the election of Xxxxx Xxxxxxx to the SPAC Board to serve so long as Xxxxx Xxxxxxx holds at least forty percent (40%) of the Exchangeable Shares (including the SPAC Class B Shares issued upon conversion or exchange of such Exchangeable Shares) issued to Xxxxx Xxxxxxx at the Closing pursuant to this Agreement.

  • At the Effective Time, each SPAC Class B Share held by the Promoters which are issued and outstanding will automatically cease to exist and will be converted into one fully paid SPAC Class A Share in accordance with the terms of the Vision Deal Articles (such automatic conversion, the “SPAC Class B Conversion”) and upon the SPAC Class B Conversion, all of the SPAC Class B Shares will no longer be issued and outstanding.

  • Buyer shall have delivered to Seller an opinion of legal counsel for SPAC as to Exchangeable Shares and SPAC Class B shares regarding, among others, valid issuance of such securities on a fully paid, non-assessable basis, the prospectus exempt issuance (for the SPAC Class B Shares only), and freely-tradable nature of such securities subject to the applicable lockup terms set forth in this Agreement and applicable Law, in the form mutually acceptable to the Parties, acting reasonably.

  • Automatic conversion of SPAC Class B Shares Immediately prior to the Effective Time, each SPAC Class B Share then issued and outstanding will be automatically canceled and converted into one validly issued, fully paid and non-assessable SPAC Class A Share in accordance with the terms of the Vision Deal Articles.

  • Pursuant to the Promoter Agreement, the Promoters have agreed to waive their redemption rights with respect to their SPAC Class B Shares in connection with the De-SPAC Transaction.


More Definitions of SPAC Class B Shares

SPAC Class B Shares means (a) the SPAC Class A Shares issued upon the conversion of the Class B ordinary shares of a par value of $0.0001 in the share capital of SPAC (the “Original SPAC Class B Shares”) as of the date of this Agreement and (b) the Original SPAC Class B Share held by the Sponsor; provided, however, that any reference in this Agreement or any Ancillary Document to “SPAC Class B Shares” which is made as of “the date of this Agreement” or “the date hereof” or words of like import, “SPAC Class B Shares” shall mean the Original SPAC Class B Shares.”.
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SPAC Class B Shares shall have the meaning set forth in Section 5.2(a).
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SPAC Class B Shares means the shares of SPAC’s Class B common stock, par value $0.0001 per share;
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SPAC Class B Shares means the Class B common stock of SPAC, with a par value $0.0001 per share.
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SPAC Class B Shares is defined in Section 4.02(a).
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Related to SPAC 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 B Common Shares means shares of Class B Common Stock.

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

  • 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 Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • 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.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

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

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

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

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

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

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

  • Class A Warrants means, collectively, 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 five (5) years, in the form of Exhibit A attached hereto.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

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

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

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • 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.

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

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Series E Preferred Shares means the Series E 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.

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

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.