B Class Shares definition

B Class Shares means the Shares designated as such in any one or more Cells and having the respective rights and being subject to the restrictions set out in this Offering Memorandum;
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B Class Shares means the "B" ordinary shares of R0,05 (five cents) each, in the Company's authorised or issued Share Capital as the context may require with preferences, rights and limitations set out in this MoI;
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B Class Shares means B Class shares of $100 each in the capital of the Company.
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Examples of B Class Shares in a sentence

  • All other rights attributed to the A Class Shares and the B Class Shares are identical.

  • Its issued share capital, with the exception of 10 Management Shares issued for administrative reasons, will consist entirely of Shares, being A Class Shares and B Class Shares.

  • It is the intention to retain the listing of the A Class Shares and the B Class Shares on the Bermuda Stock Exchange, subject to the Aggregate Minimum Subscription being satisfied.

  • The B Class Shares will be USD denominated shares allocated to each existing Shareholder and each new Shareholder who, on the Fourth Closing Date, choses to subscribe for B Class Shares in the Company.

  • A Class Shares and B Class Shares, in an aggregate of 200 000 Shares, will be offered to existing Shareholders in the Company and to new Investors, at the EIS Price per Share or the equivalent thereof in USD.

  • The Company has a share capital comprised of Management Shares of AUD1 each and will have A Class Shares of AUD0.01 each and B Class Shares of USD0.01 each.

  • The Directors may, subject to the Corporations Act, the Listing Rules and this Constitution, take steps and implement measures to encourage and facilitate the acquisition of B Class Shares by A Class Shareholders.

  • Shareholders may therefore not be able to recover the amount paid for their B Class Shares unless a share buy back offer is implemented.

  • A person must not hold a number of B Class Shares which, when aggregated with any B Class Shares held by all Associates of that person, exceeds 10% of the total number of issued B Class Shares (“B Class Shareholding Limit”).

  • The Company has a first and paramount lien on any B Class Shares on which a payment referred to in this Rule 4.6(j) is made and may enforce that lien in the manner specified in Rule 8.5 as if the amount repayable to the Company were an amount unpaid on those B Class Shares.


More Definitions of B Class Shares

B Class Shares means the “B” ordinary shares in the authorized and issued share capital of the Company, being ordinary shares that are identical to and rank equally with the A Class Shares, the C Class Shares and the D Class Shares, save that the “B” ordinary shares and the D Class Shares do not entitle the holders thereof to any dividend that may be declared by the Company, while the A Class Shares and the C Class Shares do entitle the holders thereof to any dividend that may be declared by the Company;
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B Class Shares means the B preference shares in Adumo which are held by CATS as at the Signature Date;
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Related to B Class Shares

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

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

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

  • 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 Common Shares means shares of Class B Common Stock.

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

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