Class D Common Shares definition

Class D Common Shares shall have the meaning set forth in the Charter.

Class D Common Shares means Class D Common Shares of the Trust.

Class D Common Shares shall have the meaning set forth in the Declaration of Trust.

Examples of Class D Common Shares in a sentence

• Class D Common Shares (formerly referred to as "stock fund shares"): Two billion (2,000,000,000) Shares.

• Immediately before any liquidation, dissolution or winding up, or any distribution of the assets of the Corporation pursuant to a plan of liquidation, dissolution or winding up, Class T Common Shares will automatically convert to Class I Common Shares at the Class T Conversion Rate, Class S Common Shares will automatically convert to Class I Common Shares at the Class S Conversion Rate and Class D Common Shares will automatically convert to Class I Common Shares at the Class D Conversion Rate.

• Class D Common Shares (formerly referred to as “stock fund shares”): Two billion (2,000,000,000) Shares.

• Immediately before any voluntary or involuntary liquidation, dissolution or winding up, or any Distribution of the assets of the Corporation pursuant to a plan of liquidation, dissolution or winding up, Class S Common Shares will automatically be converted to Class I Common Shares at the Class S Conversion Rate, and Class D Common Shares will automatically be converted to Class I Common Shares at the Class D Conversion Rate.

• Subject to certain individual state requirements and except with respect to the issuance of Common Shares under the Reinvestment Plan, no initial sale or transfer of Class S Common Shares, Class D Common Shares, Class F-S Common Shares or Class F-D Common Shares for value of less than $2,500 or Class I Common Shares or Class F-I Common Shares for value of less than $1,000,000, or such other amounts as determined by the Board, will be permitted.

More Definitions of Class D Common Shares

Class D Common Shares means shares of the Class D Common Stock, par value $.01 per share, of the Company.

Class D Common Shares shall have the meaning as provided in Section 5.1 herein.

Class D Common Shares means Class D Common Shares in the capital of New PTI;

Class D Common Shares means the class D common shares in the capital of Corporation as of the date of this Agreement.

Class D Common Shares shall have the meaning set forth in the Charter. “Class F Common Shares” shall have the meaning set forth in the Charter. “Class I Common Shares” shall have the meaning set forth in the Charter. “Class S Common Shares” shall have the meaning set forth in the Charter. “Class T Common Shares” shall have the meaning set forth in the Charter. “Code” shall mean the Internal Revenue Code of 1986, as amended. “Commencement Date” shall mean the date on which the Company breaks escrow for its initial Offering. “Company” shall have the meaning set forth in the preamble of this Agreement. “Company Management Fee” shall have the meaning set forth in Section 10(a). “Director” shall mean a member of the Board. “Distributions” shall have the meaning set forth in the Charter. “Effective Date” shall have the meaning set forth in the preamble of this Agreement. “Excess Amount” shall have the meaning set forth in Section 13. “Exchange Act” shall have the meaning set forth in the Charter. “Expense Year” shall have the meaning set forth in Section 13. “GAAP” shall mean generally accepted accounting principles as in effect in the United States of America from time to time. “Gross Proceeds” shall mean the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Selling Commissions. The purchase price of any Class T Common Share or Class S Common Share shall be deemed to be the full, non-discounted offering price at the time of purchase of each such Class T Common Share or Class S Common Share.

Class D Common Shares means shares of Class D Common Stock of Holdings, par value $0.01 per share.

Class D Common Shares means the Class D Common Shares in the share capital of the Corporation.