Tracking Share definition
Tracking Share means a class B preferred share of BPO ETS;
Tracking Share means a class A preferred share of the Corporation which is equivalent in value to a BPY Unit at any given time;
Examples of Tracking Share in a sentence
If the foregoing calculation results in an assumed TCI Ventures Option being exercisable for a fraction of a Parent Liberty Tracking Share, then the number of Parent Liberty Tracking Shares subject to such option shall be rounded up to the nearest whole number of shares, with no cash being payable for such fractional share.
The parties hereto shall take all actions necessary such that, at the time specified in the Plan of Arrangement, the outstanding BPY Options, Tracking Share Options, DSUs and Restricted BPY Units shall be treated in accordance with the provisions of the Plan of Arrangement.