Examples of B Shareholders in a sentence
CCI has a Board of Directors consisting of 12 members, 7 of whom are nominated by Class A shareholders and 1 of whom is nominated by Class B Shareholders.
For so long as the Class A Shares and Class B Shares are both outstanding, one-half of the Board will be designated as directors designated for election by the Class A Shareholders and one-half of the Board will be designated as directors designated for election by the Class B Shareholders.
This will be a separate agreement between the Investment Manager and the Class B Shareholders or the Class C Shareholders.
As such, the Corporation is entitled to deduct from its taxable income dividends paid to Class B Shareholders and Class F Shareholders during the year or within 90 days of the end of the year to the extent the dividends were not deducted previously.
The Group B Shareholders may also receive cash consideration equal to approximately $2,088,000.