Common use of Nature of Securities Clause in Contracts

Nature of Securities. (a) To the extent that Shareholder is entitled to purchase Class A Common Shares pursuant to this Article V, it instead shall be issued Class B Common Shares on a one-for-one basis.

Appears in 4 contracts

Samples: Shareholder Agreement, Preferred Stock Redemption Agreement, Shareholder Agreement (Dynegy Holdings Inc)

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Nature of Securities. (a) To the extent that Shareholder is entitled to purchase Class A Common Shares pursuant to this Article VVI, it instead shall be issued Class B Common Shares on a one-for-one basis.

Appears in 1 contract

Samples: Shareholder Agreement (Dynegy Inc /Il/)

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