Examples of Issuer Class A Shares in a sentence
Pursuant to the OP Agreement, the OP Units may be redeemed, at the request of the holder of such OP Units, for a determinable amount in cash or, at the option of the Issuer, Class A Shares at the rate of one Class A Share for each OP Unit redeemed.
The total number of (non-diluted) securities is comprised of 62,008,400 Issuer Shares and 49,700,000 Issuer Class A Shares.
As of the date of this Listing Statement, there are 87,192,203 Issuer Common Shares and 96,521,734 Issuer Class A Shares issued and outstanding (taking into account the RTO Amalgamation).
Holders of BrightLeaf Vendor Notes who subsequently wish to convert their BrightLeaf Vendor Notes will be entitled to Issuer Class A Shares at a deemed price of$1.00 per Issuer Class A Share (subject to adjustment) on conversion thereof.
Pursuant to the OP Agreement, the OP Units may be redeemed, at the request of the holder of such OP Units, for a determinable amount in cash or, at the option of the Issuer, Class A Shares at the rate of one Class A Share for each OP Unit redeemed.(3) Based upon 27,938,072 Class A Shares outstanding as of January 3, 2017, as previously confirmed by the Issuer, and 1,451,336 Class B Shares outstanding as of January 4, 2017 in connection with the surrender by Partners of Class B Shares to the Issuer.
For these purposes, an “Exclusionary Offer” means an offer to purchase Issuer Class A Shares which must be made by reason of applicable securities legislation or the rules and regulations, by-laws or policies of a stock exchange of which the Issuer Shares are listed to all or substantially all of the holders of the Issuer Class A Shares.
Pursuant to the OP Agreement, the OP Units may be redeemed, at the request of the holder of such OP Units, for a determinable amount in cash or, at the option of the Issuer, Class A Shares at the rate of one Class A Share for each OP Unit redeemed.(3) Based upon 27,938,072 Class A Shares outstanding as of January 3, 2017, as confirmed by the Issuer, and 1,451,336 Class B Shares outstanding as of January 4, 2017 in connection with the surrender by Partners of Class B Shares to the Issuer.
In the event of the liquidation, dissolution or winding-up of the Issuer, whether voluntary or involuntary, holders of Issuer Common Shares are entitled to share rateably, together with holders of Issuer Class A Shares, in such assets of the Issuer as are available for distribution.
The restrictions on conversion of the Issuer Class A Shares are designed to prevent the Issuer from becoming a Domestic Issuer on completion of the Business Combination.
Unlike the Issuer Shares, the Issuer Class A Shares will not entitle the holder to exercise voting rights, in respect of the election or removal of directors of the Issuer.