Class A Shares and Class B Shares Sample Clauses

Class A Shares and Class B Shares. Recognizing that the Sulliden Shares shall be re-designated as Class B Shares pursuant to Section 2.3(d) and Class B Shares shall be exchanged partially for Class A Shares pursuant to Section 2.3(k)(i), Sulliden shall not issue share certificates representing the Class B Shares or the Class A Shares in replacement for outstanding share certificates representing the Sulliden Shares and each certificate representing the outstanding Sulliden Shares shall, as and from the time such exchange is effective, represent Class A Shares.
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Class A Shares and Class B Shares. ADVANZ PHARMA has in issue 1,000 Class A Shares and 1,000 Class B Shares. The Class A Shares are held by Blackstone Credit and the Class B Shares are held by Solus. These shares were issued in connection with Blackstone Credit and Solus’ investment in ADVANZ PHARMA in 2018. The Class A Shares and Class B Shares are not listed on any exchange and have certain limited governance and class voting rights. They do not confer on their holders any right to any dividend or distribution nor the right to receive notice of, attend, speak or vote at general meetings of holders of ADVANZ Shares. While the Class A Shares and Class B Shares will not form part of the Scheme, the intention is for Bidco to acquire the entire issued share capital of ADVANZ PHARMA and, accordingly, Blackstone Credit and Solus have also irrevocably undertaken to transfer all of their Class A Shares and Class B Shares to Bidco subject to, and on or immediately prior to the Scheme becoming Effective pursuant to the Class A and Class B SPAs. The Class A and Class B SPAs provide that Blackstone Credit and Solus will, subject to the Scheme becoming Effective, transfer their Class A Shares and Class B Shares, respectively, to Bidco on the Effective Date in each case for an aggregate nominal consideration of £1.00.
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Class A Shares and Class B Shares. An unlimited number of Class A Shares of a particular Portfolio may be issued and an unlimited number of Class B Shares of a particular Portfolio may be issued. All Shares of the International Portfolio outstanding on the date that this subsection (c) of Section 6.2 becomes effective shall be Class A Shares.
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Class A Shares and Class B Shares 
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Related to Class A Shares and Class B Shares

  • Class A Shares Shares of the Company’s $0.01 par value common stock that have been designated as Class A.

  • Class B Shares As of December 1, 2009, Class B shares of the Virtus Mutual Funds are no longer available for purchase by new or existing shareholders, except for the reinvestment of dividends or capital gains distributions into existing Class B share accounts, and for exchanges from existing Class B share accounts to other Virtus Mutual Funds with Class B shares.

  • Class A Units If a Warrantholder exercises Warrants in connection with a tender offer for settlement prior to the First Regular Call Date, each Class A Unit called in connection with such exercise shall receive, in addition to principal and accrued interest, $1.50 per Class A Unit from the proceeds of the Warrant exercise. Class B Payments: If a Warrantholder exercises Warrants, then the Class B Units designated to be called in connection with such exercise shall receive the corresponding portion of the Class B Present Value Amount, adjusted for accrued Class B Payments on the Class B Units otherwise paid. If the Underlying Security Issuer redeems Underlying Securities and the previous paragraph does not apply, then the Class B Units designated for a redemption in connection with such redemption of Underlying Securities shall receive the amount with respect to the Class B Present Value Amount allocated for distribution in accordance with the applicable provisions of the Distribution Priorities below, paid as of the date of such redemption as an additional distribution.

  • Class B Units The term “Class B Units” means the Units having the privileges, preferences, and rights specified with respect to “Class B Units” in this Agreement, including those described in Section 7.1(c)(3).

  • Class B Common Stock 2 Closing........................................................................5

  • Purchase and Sale of Preferred Shares and Warrants 1.1.1. On or prior to the Initial Closing, as hereinafter defined, the Company shall adopt and file the Certificate of Designation with the Secretary of State of the State of Delaware and authorize, execute and deliver the Warrant Agreement.

  • Class A Common Stock Subject to applicable law and the rights, if any, of the holders of any outstanding series of Preferred Stock having a preference over or the right to participate with the Class A Common Stock with respect to the payment of dividends and other distributions in cash, stock of any corporation or property of the Corporation, the holders of Class A Common Stock shall be entitled to receive ratably, taken together as a single class, in proportion to the number of shares held by each such stockholder such dividends and other distributions as may from time to time be declared by the Board in its discretion out of the assets of the Corporation that are by law available therefor at such times and in such amounts as the Board in its discretion shall determine.

  • Preferred Shares The Preferred Shares have been duly and validly authorized, and, when issued and delivered pursuant to this Agreement, such Preferred Shares will be duly and validly issued and fully paid and non-assessable, will not be issued in violation of any preemptive rights, and will rank pari passu with or senior to all other series or classes of Preferred Stock, whether or not issued or outstanding, with respect to the payment of dividends and the distribution of assets in the event of any dissolution, liquidation or winding up of the Company.

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